News
Insurance
Broker Willis Towers Watson has entered into an international insurtech partnership with Plug and Play, a startup accelerator and corporate innovation platform, to access latest technological innovation. 9 October 2018
Insurance
American International Group (AIG) has filed a lawsuit on Wednesday, Oct. 3 in Delaware against Pascal Duvier and his company Protect Security seeking $6.1 million in relation to the Kim Kardashian West robbery, according to BBC News and CNN reports citing court documents. 4 October 2018
Insurance
UK insurance intermediary Ardonagh Group is acquiring broker Swinton Group from its French parent Covéa Group for a consideration of approximately £165 million. 27 September 2018
Insurance
AXIS Insurance, the insurance business segment of Bermuda-based AXIS Capital Holdings, has created a new position designed to boost its product distribution in the London Market and at Lloyd’s. 25 September 2018
Insurance
Denis Kessler, the chief executive of SCOR, has dismissed accusations that the board’s snub of Covéa’s €8.2 billion offer to buy the reinsurer amounted to “gross management negligence” in a strongly worded letter in which he also accuses the shareholder that made the allegation of defamation. 25 September 2018
Insurance
AXIS Surplus Insurance, a subsidiary of AXIS Capital, will go to court to argue it does not have to cover the defence costs of filmmaker Harvey Weinstein in connection with pending civil and criminal litigation, which includes two rape charges, under a directors and officers policy. 25 September 2018
Insurance
Pioneer Underwriters has appointed XL Catlin's Andrew McMellin as its new chief executive officer (CEO), and elevated current CEO Dane Douetil to chairman of the business. 25 September 2018
Insurance
Risk modelling agencies have been attempting to quantify the losses from Hurricane Florence – but significant variations exist between the loss estimates. 25 September 2018
Insurance
Insurer Chubb has appointed Tim Barziza as head of its North American property claims, replacing Bill Turnbull who is retiring at the end of 2018 after over 30 years at Chubb. 25 September 2018
Insurance
Dutch insurance group Aegon is merging two of its US legal entities in a move that is expected to generate a one-time capital benefit of approximately $1 billion. 25 September 2018
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