News
Insurance
Motor insurer Ageas has agreed a three year deal with Marmalade, a specialist firm that focuses on young drivers and their parents, to provide more flexible policies for learners, students and ‘named young drivers’. 30 May 2019
Insurance
Property and casualty insurer The Hartford has partnered with data security firm Mimecast to reduce cyber security risks with awareness training. 30 May 2019
Insurance
From 1 July this year, Dutch insurance and asset management company Nationale Nederlanden (NN) said it will “stop providing insurance services to companies that derive more than 30 percent of their revenues from thermal coal mining or that use at least 30 percent thermal coal for power generation". 29 May 2019
Insurance
Specialty insurer Beazley has appointed Sally Lake to replace Martin Bride as the group finance director. 24 May 2019
Insurance
The European insurance sector will continue to consolidate in 2019, with varying credit impacts, according to the latest Moody's Investors Service report. 23 May 2019
Insurance
Liberty Mutual Re, the reinsurance arm of Liberty Specialty Markets (LSM), is launching a new operation under Lloyd’s registration in Mexico to serve clients in the Mexican market and Central America. 23 May 2019
Alternative Risk Transfer
French reinsurer SCOR’s portfolio management company is acquiring 100 percent of the capital of insurance-linked securities (ILS) fund manager Coriolis Capital, in a move aimed at expanding its capacity on the ILS market, reaching an aggregate sum of $2.1 billion of assets under management (AUM) and operating in both Paris and London. 23 May 2019
Insurance
Ariel Re, a subsidiary of Bermuda-based Argo Group, has appointed Sean Kelly to the newly-created role of senior vice president, specialty underwriter, credit and financial products. 23 May 2019
Insurance
Specialty insurance company ProAssurance Corporation has appointed Edward Rand, Jr., the company’s president and chief operating officer, to succeed Stancil Starnes as chief executive officer from July 1, 2019. 23 May 2019
Insurance
Cyber insurance could make leaps and bounds in Europe if policymakers gave insurers access to anonymised cyber-attack data, industry body Insurance Europe (IE) has said. 23 May 2019
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