News
Insurance
Technological developments such as the advent of drive-assisted technologies and connected services are going to shake up the motor insurance industry, presenting a series of new opportunities and challenges for both traditional insurers and insurtech companies. Intelligent Insurer investigates. 20 July 2017
Insurance
Hannover Re parent Talanx will buy 90 percent stake in Italian insurer Generali's Colombian business to further expand its presence in the Latin American region. 20 July 2017
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has expanded its specialty portfolio with the launch of a global construction division. 20 July 2017
Insurance
Italian insurer Generali Group has completed the sale of its stake in Guatemala-based property/casualty insurance subsidiary Aseguradora General to the Neutze family, its "long-term trusted local partners". 20 July 2017
Insurance
Everest Re Group has hired Joe Martin to join its credit and political risk team in New York, reporting to Jim Thomas, head of credit and political risk at Everest Insurance. 20 July 2017
Insurance
The number of companies writing flood insurance in Florida has doubled from 10 to 20 firms in the past year, mainly thanks to the use of new technology to better predict and price flood risk, according to a report by Lisa Miller & Associates. 20 July 2017
Insurance
Global economic losses from natural disasters for 1H 2017 were estimated at $53 billion – 56 percent lower than the 10-year average of $122 billion and 39 percent lower than the 17-year average of $87 billion, according to Aon catastrophe report. 20 July 2017
Insurance
Mercer, a subsidiary of Marsh & McLennan Companies, has appointed Rohit Mehrotra as new chief executive officer (CEO) of Mercer Digital, the firm's new business covering digital solutions. 20 July 2017
Insurance
Specialty managing general agent (MGA) Nexus Group has acquired the US based personal accident treaty reinsurance MGA operated by Lloyd's coverholder ZON Re via an asset purchase. 19 July 2017
Insurance
General insurer Insurance Australia Group (IAG) has restructured its domestic business with the creation of a single division under current chief operating officer Mark Milliner. 19 July 2017
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