News
News
As the evolution of disruptive online networks and advances in technology, such as Uber, Airbnb and self driving vehicles, speeds up, the insurance cover required has had to develop quickly too. 9 August 2019
Insurance
Brazil's major reinsurer IRB Brasil Re is set to acquire an 8.93 percent stake in the blockchain insurance industry initiative B3i Services for €3.5 million. 8 August 2019
Insurance
There has been a reshuffle at Marsh’s aviation practice with the exit of key team members and the impending arrival of an experienced insurance executive from Boeing. 2 August 2019
Insurance
Lloyd's broker and delegated authority specialist SSL Endeavour is expanding into Cypriot and Greek markets with the launch of SSL Endeavour Cyprus & Greece, pending regulatory approval. 2 August 2019
Insurance
AXA’s results for the first half of 2019 showed that the “strategy was paying off',' according to the French insurer’s CEO Thomas Buberl, as he called 2018 “a decisive year for the group’s transformation process”. 2 August 2019
Insurance
AmTrust Financial Services, through its subsidiary AmTrust International, has acquired Legal Insurance Management Group (LIM), a specialist in the legal expenses, professional fees, home emergency and vehicle breakdown insurance markets in the UK and Ireland. 2 August 2019
Insurance
Broker Willis Towers Watson has launched a "action plan" specifically to deal with disruption caused by drones as the incidents have increased sharply in the last two-three years, raising concerns for the aviation insurance industry. 2 August 2019
Insurance
BGC Insurance Group (BGCI), a division of global brokerage firm BGC Partners which owns Ed and Besso, has appointed Mark Costin and Oyin Heath to join its newly-formed global aviation and space re/insurance broker as senior partners. 2 August 2019
Insurance
Bermuda-based Everest Re Group has hired Chubb's Juan Andrade as chief operating officer (COO) effective September 1, 2019. He will succeed Dominic Addesso as president and chief executive officer (CEO) of the company from January 1, 2020. 2 August 2019
Insurance
Growth in reinsurance and mortgage operations drove underwriting profits and improved combined ratio at Bermuda-based Arch Capital Group in the second quarter of 2019. 30 July 2019
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