News
Insurance
AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has appointed founder and former CEO of Tokio Millennium Re Tatsuhiko Hoshina to join its advisory board. 15 August 2019
Insurance
AXIS Re, the reinsurance business segment of AXIS Capital Holdings, has appointed Gino Smith as head of property for Europe, the Middle East and Africa (EMEA) Latin America, effective November 2019. 14 August 2019
Insurance
Specialist re/insurance marketplace Lloyd's of London saw a significant increase in the use of placing platform PPL during the second quarter of 2019 with more than half of its in scope risks placed electronically. PPL board chair Bronek Masojada said the market has "genuinely adopted" e-placements and he hopes to achieve the same success in submission rates. 13 August 2019
Insurance
Globe Underwriting, the UK based managing general agent, has appointed Peter Rossell as head of engineering underwriting. 13 August 2019
Insurance
Specialty re/insurer Canopius has partnered with artificial intelligence (AI) and deep-learning property analytics start-up Arturo. 13 August 2019
Insurance
US insurer FedNat has entered into a "cooperation agreement" with its third largest shareholder Capital Returns Management in response to legal proceedings filed by the activist investor, and agreed to add two new directors to its board as part of the deal. 13 August 2019
Insurance
Re/insurer AXA XL has added Jennifer Arezes as new senior underwriter to its property insurance team in Canada. 13 August 2019
Insurance
Cincinnati Financial Corporation has expanded its board of directors to 15 with the appointment of Jill Meyer as an independent director and a member of its audit committee. 13 August 2019
Insurance
Insurer AIG reported “strong” income growth in its Q2 2019 results with its CEO pointing to the company’s 2017 decision to restructure its business into three units - operating under a General Insurance business unit, a Life and Retirement unit, and a standalone technology unit. 8 August 2019
Insurance
Zurich Insurance Group posted the 'best first half result in a decade' driven by underlying growth across the business and a strong underwriting performance in property & casualty. The CEO is confident that it will beat its three-year financial targets in 2019. 8 August 2019
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