News
Insurance
Re/insurer AXA XL has unveiled its new excess & surplus (E&S) casualty product leads in the US, including a senior hire from QBE. 12 December 2018
Insurance
French reinsurer SCOR has completed a £1.2 billion longevity reinsurance deal with Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds. 11 December 2018
Insurance
Australia-based insurer QBE is implementing measures targeting more than A$200 million ($144 million) in gross cost savings by 2021. 11 December 2018
Insurance
The shareholders of Bermuda-based Aspen Insurance Holdings have approved the $2.6 billion Aspen acquisition offer by alternative investment manager Apollo. 11 December 2018
Insurance
Australia-based QBE has reduced catastrophe retention and increased protection against catastrophe severity in its 2019 reinsurance programme. 11 December 2018
Insurance
Broker Willis Towers Watson has bolstered its London Market property and casualty arm with senior hires from Brit and Aon. 11 December 2018
Insurance
Bermuda specialty re/insurer Sompo International Holdings is expanding its cyber insurance capabilities in the US by creating a dedicated US team focused on cyber offerings, an enhanced cyber and professional liability product, and an expanded suite of cyber risk management services. 11 December 2018
Insurance
Lloyd’s broker RFIB Group has hired a Willis Re executive as managing director of its specialty business that underwent a restructuring recently. 11 December 2018
News
As money continues to pour into insurtech ventures, there is evidence that only the big, global technology players and true venture capital firms have pockets deep enough to precipitate true disruption in the insurance space. Simon Hayes investigates where this will leave the incumbent players. 11 December 2018
Insurance
Brexit uncertainty, mounting costs and increased competition are exposing British businesses to greater levels of trading risk which by turn is increasing demand for trade credit cover, according to QBE. 5 December 2018
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