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Insurance
Artificial Intelligence (AI) agents will take over many decisions from humans in future, but they cannot legally be held liable for those decisions, creating new liability challenges to the insurance industry, according to a new report by Allianz. 22 March 2018
Insurance
Managing general agent (MGA) Ascent Underwriting has appointed James Weatherstone as non-executive chairman. 22 March 2018
Insurance
Bermuda-based Maiden Holdings has created an insurtech team to help customers identify emerging technology and leverage it to achieve their strategic goals. 22 March 2018
Insurance
Lloyd’s, the specialist insurance and reinsurance market, has appointed Dawnmarie Black as US Northeast regional director. 21 March 2018
Insurance
AIG is selling 5,674,200 shares in Arch Capital Group with a total value of $502.5 million. 13 March 2018
News
Despite large natural catastrophe losses Hannover Re managed to post an underwriting profit for 2017 in its property/casualty (P&C) reinsurance operations. 13 March 2018
Insurance
Re/insurer XL Catlin has appointed Urs Uhlmann as CEO, country manager for Canada. He joins the business after serving five years as CEO global corporate for Zurich Canada. 13 March 2018
Insurance
Asia’s mergers & acquisitions (M&A) market is a “very hotly contested area” and this is driving prices up, Aviva Asia chief strategy officer Alex Kimura, told AM Best. 13 March 2018
Insurance
Prudential's Asia business has appointed Robin Spencer as chief operating officer (COO). 13 March 2018
Insurance
Barbican Insurance Group has bolstered its financial lines division with the addition of a class underwriter for directors & officers (D&O) liability insurance, joining the business from Standard Syndicate 1884. 13 March 2018
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