News
Insurance
Broker Brown & Brown has acquired substantially all of the assets of employee benefits firm Yozell Associates in the US. 14 August 2019
Insurance
Re/insurers with their sights set high must substitute old habits and ways of working with brave strategic thinking if they hope to join the ‘power curve’ club of top profit makers. Intelligent Insurer reports on significant new research from McKinsey. 13 August 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has formed a new team offering insurance solutions to smaller businesses in the US and Mexico, including its industry vertical and Asian interest accounts. 9 August 2019
Insurance
Global commercial insurance rates were up 6 percent in the second quarter 2019, marking the seventh consecutive quarter of price increases, new data from Marsh has revealed. 9 August 2019
Insurance
Most of the top 20 reinsurers have switched strategy to take advantage of the price uptick, seen during the April, June and July 2019 renewals, by increasing their exposure to catastrophe risk, a report from S&P Global has found. 9 August 2019
Insurance
UK's life and general insurer Aviva has said that the company is "considering a range of options" to enhance its Asian business as new CEO Maurice Tulloch looks to re-energise the business with a fresh growth strategy. 8 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
The Insurance Council of Australia (ICA) said that 60 percent of insurance claims lodged since the Townsville floods were declared a catastrophe have been closed “marking a significant milestone in the city’s recovery”. 6 August 2019
Insurance
London-based reinsurance, wholesale and specialty broker Ed has appointed David Lim as CEO of retail, Singapore and head of marine, Asia Pacific. 5 August 2019
Insurance
German insurer Allianz enjoyed a strong second quarter 2019 with operating performance and net income rising above estimates, but its property/casualty operating profits fell back due to lower investment earnings. 5 August 2019
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