News
Insurance
Protests in Hong Kong have highlighted the potential airport ground accumulation exposures faced by international insurers and reinsurers, according to data from Russell Group Limited (RGL). 21 August 2019
Insurance
Most of the top 20 reinsurers have switched strategy to take advantage of the price uptick, seen during the April, June and July 2019 renewals, by increasing their exposure to catastrophe risk, a report from S&P Global has found. 9 August 2019
Insurance
Brazil's major reinsurer IRB Brasil Re is set to acquire an 8.93 percent stake in the blockchain insurance industry initiative B3i Services for €3.5 million. 8 August 2019
Insurance
SOBC DARAG, a subsidiary of run-off specialist DARAG UK, has launched a new office in Bermuda with four senior hires from Randall & Quilter, in a move aimed at "significant expansion" in North America and on the island. 1 August 2019
Insurance
The second quarter of 2019 was about "growth and pricing" for Chubb chief executive officer Evan Greenberg, who noted that the company benefited from an improved pricing and underwriting environment. 25 July 2019
Insurance
The 2019 half year results for French reinsurer SCOR “deliver a strong performance”, according to Denis Kessler, company chairman and CEO. 25 July 2019
Insurance
As Prime Minister Boris Johnson started selecting his cabinet yesterday, after being chosen as leader of the Conservative party, his choice of Sajid Javid for chancellor was welcomed by the Association of British Insurers (ABI). 25 July 2019
Insurance
Hippo, a California-based insurtech focused on the home insurance market, has secured $100 million Series D funding to fuel expansion of its footprint in the US. 25 July 2019
Insurance
Australian broker PSC Insurance Group is acquiring 100 percent of the share capital of Lloyd’s and London Market broker Paragon International Holdings for a base consideration of £42 million (approximately A$75 million). 25 July 2019
Insurance
American International Group (AIG) has created a position of chief sustainability officer to lead the development and implementation of a company-wide sustainability strategy. 25 July 2019
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