News
Insurance
Industrial insurance company HDI Global has strengthened its US engineering lines and construction division with several hires from Generali US, AIG, Starr Companies. 12 April 2017
Insurance
Insured losses across Queensland and NSW from Tropical Cyclone Debbie have reached A$660 million ($496 million) from 41,105 claims as of April 11, according to the Insurance Council of Australia. 11 April 2017
Insurance
With a market steering more towards commoditisation, the value of the traditional reinsurance business model is waning, particularly in North America, where reinsurers are more focused on brokers than in Europe, Christian Reber, partner and managing director at Boston Consulting Group, tells Intelligent Insurer. 11 April 2017
Insurance
Comprehensive car insurance premiums in the UK continued to rise during the first quarter of 2017, with motorists now paying on average £781, which is £110 more than they were paying this time last year, according to the latest Confused.com Car Insurance Price Index in association with Willis Towers Watson. 11 April 2017
Insurance
Gibraltar wants to become a hub for insurance-linked securities (ILS) and Minister of Commerce Albert Isola is optimistic about the growth potential despite looming competition from the UK. 11 April 2017
Insurance
US-based Ryan Specialty Group (RSG) is establishing RT Specialty Buffalo, New York office, a new wholesale brokerage unit, at the current location of acquired managing general agent (MGA) LoVullo Associates. 10 April 2017
Insurance
California-based insurtech start-up Trov has closed $45 million in Series D funding led by Munich Re through its venture capital arm HSB Ventures. 7 April 2017
Insurance
Roger Millay, the chief financial officer of Willis Towers Watson, is voluntarily retiring with effect from October 2, 2017, the re/insurance broker said in a statement. 7 April 2017
Insurance
QBE North America, part of Australian re/insurance group QBE, has appointed Richard Friesenhahn as head of multinational for North America to promote the company's expansion of multinational services and offerings. 7 April 2017
Insurance
Allianz has expanded its high net worth insurance specialist subsidiary Home & Legacy with three appointments in the claims and technical units. 7 April 2017
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