International
Peter Zaffino named AIG president
Peter Zaffino will become president of insurer AIG in the New Year.
Blog: Fail it or nail it?
Post news editor Jen Frost mulls general insurance appetite for innovation and, somewhat unintentionally, stumbles on Amanda Blanc as a common theme.
Duck Creek picks up $120m investment
Insurance software provider Duck Creek has raised $120m (£91.3m).
Lemonade hires chief marketing officer
US-based insurtech Lemonade has hired Jeff Brooks as chief marketing officer.
Analysis: We Work and Softbank saga could push insurtechs and insurers to partner up
Amid rumblings in the tech sector and trouble at We Work, which could drive more insurtechs to seek a sale to incumbents, Lemonade has reportedly put its initial public offering on hold.
Interview: William Stovin, Markel International
As Markel International gears up for more growth across its national markets business and looks to build on its presence in Europe, Jen Frost spoke to Markel International president William Stovin about the history of the business and why Brexit has…
Gallagher set to buy up Capsicum Re
Gallagher is poised to snap up the remaining 80% of Capsicum Reinsurance Brokers, having signed heads of terms with the business.
Standalone cyber uptake lags behind as insurers mitigate 'silent cyber' exposures
The perception of exposure to cyber risk in non-cyber policies dropped over the last year, according a survey conducted by Willis Towers Watson.
This week in Post: Driving out distraction
Road Safety Week marked the launch of Post’s Driving out Distraction campaign, in which we are urging the industry to pay attention and pull over rather than using hands-free devices while driving.
Auto Windscreens rolls out programme to help staff offset CO2
Auto Windscreens has launched drop-in sessions to support staff to offset their personal motoring and transport CO2 footprints through British Petroleum’s Target Neutral programme.
Aon buys insurtech Coverwallet
Aon is to buy insurtech Coverwallet, in a deal that is expected to close in the first quarter of 2020.
Risk managers warned 'more human-centred approach' needed on sustainability
Risk managers, alongside accountants and regulators, must adopt a “more human-centred approach” to tackle the risks presented by climate change, the managing director of the World Business Council for Sustainable Development has said.
Hyperion makes senior finance appointments
Hyperion has appointed a group chief finance officer and group finance director.
This month in Post: Thomas Cook-up
In a week that was dominated by personal injury fracas, the revelation that Thomas Cook self-insured against all but the “very largest” PI claims may well take the cake for biggest botch up.
Axa stops selling blockchain flight delay product
Exclusive: Axa has ceased writing its blockchain-enabled automatic flight delay product Fizzy, citing low market appetite and inadequate distribution channels.
Munich Re sees man-made major loss claims quadruple for third quarter
Munich Re reported "relatively high" man-made major loss claims, which were more than four times the hit it took in Q3 last year.
RSA UK reveals £8m restructuring for Q3 amid cost cutting
RSA UK has booked £8m in restructuring charges for the third quarter, as overall the group reported its operating profit was up.
Analysis: Under the skin of Lloyd's Blueprint One
Lloyd’s has published Blueprint One: the first of a number of ‘blueprints’ it intends to produce over the coming years as it overhauls the market for the 21st century
Lemonade accuses Deutsche Telekom of 'bully tactics' as it fights trademark injunction
Insurtech Lemonade is fighting an injunction by T Mobile parent company Deutsche Telekom over use of the colour magenta.
Hiscox reserved $165m to cover Dorian, Faxai and Hagibis claims
Hiscox has reserved $165m to cover claims from Hurricane Dorian and Typhoons Faxai and Hagibis, while reporting it expects to see fees and profit commissions dip $25m this year.
Swiss Re suspends share buy-back programme as nat cats bite
Swiss Re has cancelled a share buy-back programme, following a hit from natural catastrophes, capital deployment and the suspension of Reassure's initial public offering.
CBL Corporation delists from New Zealand Stock Exchange
CBL Corporation has delisted from the New Zealand Stock Exchange, effective from close of play today.
Zurich’s Cover-More appoints UK CEO
Exclusive: Ernesto Suarez, Halo founder and CEO, has been appointed UK CEO of Zurich's Cover-More.
Blog: Gallagher vs Ardonagh – A warning to us all
The staff poaching lawsuit between Gallagher and Ardonagh wrapped up in court on Friday, as the judge threw out all but one of Gallagher’s claims. It serves as a timely reminder of the ultimate costs of litigation, which are not always financial.