News
Insurance
American International Group (AIG) is acquiring Glatfelter Insurance Group (Glatfelter), a full-service broker and insurance company providing services for specialty programmes and retail operations. 21 September 2018
Insurance
Lloyd’s of London’s pre-tax profit halved in the first six months of 2018 due to a lower investment return and despite an improvement in the combined ratio. 21 September 2018
Insurance
Italian insurer Assicurazioni Generali has launched a new asset management company headquartered in New York City that it claims will have a "disruptive revenue model". 21 September 2018
Insurance
The global reach of Lloyd’s combined with the nimble nature of its carriers means the market has the potential to lead from the front when it comes to gaining advantage from new technologies, a new report has suggested. 21 September 2018
Insurance
RSA Insurance Group has hired the former CUO for Zurich’s commercial business for its UK and international business. 21 September 2018
Insurance
Cyber risk is now the second biggest concern across all business sizes and industries, and the percentage of businesses reporting they have been the victim of a cyber attack has doubled, according to the latest results of the 2018 Travelers Risk Index complied by The Travelers Companies. 21 September 2018
Insurance
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has appointed MS Amlin's William Bennett as senior underwriter, property reinsurance at Lloyd’s. 21 September 2018
Insurance
Hurricane Florence will likely be an earnings event for the private insurance industry but the National Flood Insurance Program (NFIP) could be hit with heavy losses, potentially resulting in claims for its reinsurers for the second year in a row and its first cat bond being triggered, according to Fitch Ratings. 21 September 2018
Insurance
Insurtech start-up Hokodo has partnered with SCOR Global P&C’s Channel Syndicate to provide an invoice protection product to small and medium sized businesses using its innovative distribution technology. 21 September 2018
Insurance
Bermuda-based Fidelis Insurance has acquired an equity stake in a new managing general agent (MGA) Kersey Specialty that will focus on upstream energy subscription market insurance. 21 September 2018
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