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Insurance
Specialist insurer Beazley's chief underwriting officer (CUO) Neil Maidment is retiring at the end of the year. He will also step down from the company's board at the same time. 22 March 2018
Insurance
The marine and upstream energy insurance team of Validus Specialty Underwriting Services has partnered with Eagle Ocean America to launch a new cover for US vessel operators. 22 March 2018
Insurance
Chinese financial heavyweight Guo Shuqing has been appointed head of the country’s newly merged regulator for the banking and insurance sectors, Reuters reported citing an online article by Financial News, the official newspaper of the central bank. 22 March 2018
Insurance
Ocean International Reinsurance Company (Ocean Re) is expanding in the Mexican re/insurance market with a new office to be headed by Rebeca Pena. 22 March 2018
Insurance
Global investment in insurance technology surged in 2017, with Europe emerging as a new insurtech hub outside the US, according to new research from advisory firm Accenture. 22 March 2018
Insurance
American International Group (AIG) is raising $2.5 billion in debt as it prepares the funding for the acquisition of Bermuda-based Validus Holdings. 22 March 2018
Insurance
The board of London Market’s electronic placing platform PPL has appointed Hiscox chief executive Bronek Masojada as its new chairman. 22 March 2018
Insurance
Specialty property/casualty insurer AmTrust Financial Services has expanded its board of directors to eight with the addition of former KPMG partner Mark Serock. 22 March 2018
Insurance
Artificial Intelligence (AI) agents will take over many decisions from humans in future, but they cannot legally be held liable for those decisions, creating new liability challenges to the insurance industry, according to a new report by Allianz. 22 March 2018
Insurance
Managing general agent (MGA) Ascent Underwriting has appointed James Weatherstone as non-executive chairman. 22 March 2018
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