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Insurance
UK insurer Aviva is selling its Asia and Middle East life business Friends Provident International (FPIL) to RL360 Holding Company, a subsidiary of International Financial Group, for a total consideration of £340 million. 19 July 2017
Insurance
Vizion Insurance Brokers, a new broking venture launched by the former heads of Bluefin and Chubb, has expanded its leadership team with the addition of Pete Living as a founding partner. 19 July 2017
Insurance
Global loss adjuster McLarens has promoted John Cupitt as head of its global marine division. 19 July 2017
Insurance
Insurance broker Lockton has named Ron Lockton as its new president and chief executive officer succeeding Glenn Spencer, who has resigned from the position citing personal reasons. 19 July 2017
Insurance
General insurer Insurance Australia Group (IAG) has restructured its domestic business with the creation of a single division under current chief operating officer Mark Milliner. 19 July 2017
Insurance
Property/casualty insurer Chubb has named Lee Farrow executive vice president and life sciences industry practice leader for North America. 19 July 2017
Insurance
New York-based insurance holding company AmTrust Financial Services has appointed Daniel Hickey as executive vice president of business strategy and business development. 19 July 2017
Insurance
Zego, the provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has raised £1.225 million in seed funding from investors led by LocalGlobe. 19 July 2017
Insurance
Specialist insurer Beazley has launched environmental coverage in Canada with the appointment of former Zurich executive Nick Bidwell. 18 July 2017
Insurance
A series of hailstorms and tornadoes in the US dominated the natural catastrophe statistics in the first half of 2017 though nat cat losses from January to June were below average, according to Munich Re, which warned on the importance of re/insurers understanding climate change – both natural and man-made. 18 July 2017
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