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Insurance
General insurers in the UK are general face higher operating costs due to IT investments, ongoing regulatory changes and a marked increase in headcount and training, according to the latest CBI/PwC financial services survey. 27 March 2018
Insurance
Insurance firm Starr Companies has signed an agreement with insurtech startup SkyWatch to offer usage-based insurance to the drone industry. 27 March 2018
Insurance
Hank Greenberg, the former chairman of American International Group (AIG) now the chairman and CEO of the Starr International, has failed in a bid to rekindle a long-standing lawsuit in which he is arguing that the federal government illegally bailed out AIG during the 2008 financial crisis at the expense of shareholders. 27 March 2018
Insurance
US-based Assurant, a provider of risk management solutions, will move closer to completing its acquisition of The Warranty Group, a provider of protection plans, for some $2.5 billion if it succeeds in completing a $900 million senior debt sale this week. 27 March 2018
Insurance
Broker Ed has bolstered its risk solutions team by hiring the former head of US property at Lloyd & Partners. 27 March 2018
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has launched a new insurance and services policy to protect clients against the impact of cyber attacks. 27 March 2018
Insurance
Dirk Froese, lead of aviation at Beazley, has been elected to the Lloyd's Market Association’s (LMA) aviation committee following a recent ballot at Lloyd’s. 27 March 2018
Insurance
US-based IMA Financial Group has hired Anna Ewing, a former chief financial officer of Vodafone Americas, as its chief operations officer. 27 March 2018
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has opened a new office in Perth to further expand its presence in Australia while appointing new property and casualty lines leaders. 26 March 2018
Insurance
The managing director of Aon Benfield’s marine practice John Connolly is stepping down to retire after decades with the broker. 26 March 2018
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