News
Insurance
Washington is following New York in banning the sale of insurance policies branded by the National Rifle Association (NRA) while fining two companies involved in underwriting and selling them in the state. 17 January 2019
Insurance
Liberty Mutual Re, the reinsurance unit of Liberty Mutual Insurance Group, has appointed Vincent Gilardi as senior underwriter for international casualty. 17 January 2019
Insurance
US insurers Allstate, State Farm and USAA have launched lawsuits that could be worth billions against Pacific Gas & Electric (PG&E) alleging it is liable for the Camp Fire, California’s most destructive and costly wildfire to date. 7 January 2019
Insurance
Howden, part of Hyperion Insurance Group, has agreed to acquire UK employee benefits health and protection consultancy, Punter Southall Health and Protection Holdings and its trading subsidiaries: Punter Southall Health and Protection, Red Arc Assured and Risk Policy Administration. 7 January 2019
Insurance
The supervisory board of Munich Re has created a new board division and appointed Nicholas Gartside as member of its board of management. 7 January 2019
Insurance
A lack of standard terminology in cyber insurance policies causes confusion for brokers and customers, and is a ultimately stifling market growth, the CEO of cyber insurance comparison engine Cyber|Decider has warned. 7 January 2019
Insurance
The Amynta Group, which comprises a number of warranty, managing general agent (MGA) and specialty risk companies, has acquired ClearView Risk Holdings, a MGA and wholesale brokerage, that controls over $200 million of premium. 7 January 2019
Insurance
Compre, the independent legacy acquirer, has appointed Simon Hawkins as chief financial officer. 7 January 2019
Insurance
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has recruited a new chief financial officer from WR Berkley. 7 January 2019
News
QBE’s UK operations have started using artificial intelligence to help its underwriters make better decisions when selecting and pricing risks, something it claims also allows its UK customers to purchase cover more quickly and effectively. 3 January 2019
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