News
Insurance
Broker Miller will acquire Alston Gayler and Co, an independent London market re/insurance broker specialising in multiple lines of business, from Nelson Holdings. 22 October 2018
News
Advances being made by insurtech will be fundamental to the industry going forward and is a key part of the strategy of broker Ed for this reason, Jonathan Prinn, group head of broking at Ed, told Baden-Baden Today. 22 October 2018
News
Swiss Re estimates its preliminary combined claims burden from recent large natural catastrophes in the third quarter of 2018 at approximately $1.1 billion, net of retrocession and before tax, dominated by weather-related losses in Japan. 18 October 2018
News
Japanese conglomerate Softbank Group continues to hunt for ways to accelerate the digital upheaval in the insurance industry, including tie-ups with unspecified reinsurance players, said David Thevenon, dealmaker of the company’s Vision Fund, according to a Reuters Oct. 16 report. 18 October 2018
Insurance
Bermuda-based RenaissanceRe Holdings (RenRe) estimates losses from third quarter 2018 catastrophe events will have a net negative impact of approximately $155 million on its third quarter 2018 results of operations. 18 October 2018
Insurance
UK small businesses are being targeted with an average of 65,000 attempted cyber-attacks every day and at least one small business in the UK is successfully hacked every 19 seconds, according to a Hiscox report. 18 October 2018
Insurance
US-based property/casualty (P&C) insurer Chubb has appointed Judy Gonsalves as vice president of Chubb Group and division president of Bermuda, responsible for the commercial P&C insurance business on the island. 18 October 2018
Insurance
Broker Willis Towers Watson has formed a new claims resolution team to expand its advocacy capabilities and facilitate efficient financial recovery for its clients in complex and contested claims scenarios. 18 October 2018
Insurance
AEGIS London, a Lloyd's managing agency and the UK-based subsidiary of AEGIS, has hired James Hyett as cargo underwriter. 18 October 2018
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has appointed Jonathan Hughes as partner from re/insurance broker Aon. 18 October 2018
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