Insurer
Brexit White Paper will transform industry into ‘rule taker’
The government’s blueprint for a future trading relationship with Europe would be the “worst possible scenario” for the insurance industry, trade bodies have warned.
Advent and Brit owner looks to merge Lloyd’s businesses
Fairfax Financial Holdings, the parent of Advent Capital Holdings and Brit, is planning to merge some of their Lloyd’s business and place the rest into run-off.
Flood Re sets out 2039 plans for affordable pricing
Flood Re has set out its long-term vision for when it exits the market in 2039.
Charles Manchester warns MGAs of hurdles ahead
Speaking at the MGAA conference today, chairman Charles Manchester warned that the next hard market could be the shortest ever.
Zurich's Puneet Sharma: Calling time on credit markets
Credit has been underperforming equities and Puneet Sharma, managing director at Zurich, believes this warrants a rethink of portfolio positioning.
Insurtech start-up Next raises $83m
US-based insurtech start-up Next Insurance has raised $83m in a Series B funding round led by Redpoint Ventures and including Munich Re.
Axa reveals new brand for XL
XL will rebrand as Axa XL and combine all its property & casualty business and specialty risks into the new entity.
Lloyd's launches insurance matching site as digital push continues
Lloyd’s has launched Lloyd’s Bridge a digital distribution platform designed to connect insurance businesses with Lloyd’s underwriters.
Q&A: Lynda Lucas, chair, Airmic
Lucas began her career as a company secretarial trainee at British Aerospace and has since had various risk management roles at companies including Nortel, Old Mutual and, since 2006, Fujitsu. She has been an Association of Insurance and Risk Managers…
Analysis: Allianz’s acquisitive appetite
With reports suggesting that CEO Oliver Baete has a big ticket acquisition in mind, rumours have been circulating that Allianz could look to hoover up one of the larger players in the UK market.
Analysis: Sport injury: Hitting hard
As professional sportspeople complain about their insufficient cover for career-ending injuries, insurers fear a surge in claims from contact sports
UK General appoints Ryder as NED
Exclusive: UK General has appointed Clare Ryder as a non-executive director.
NHBC first to agree to pay out over Grenfell-style cladding claim
The National House Building Council has agreed to pay out a claim over dangerous cladding at Greenwich complex New Capital Quay.
LSM takes on Ironshore renewals to spur European growth
Liberty Specialty Markets has entered into a renewal rights agreement with Ironshore Europe to take on its European non-merger & acquisition business and staff.
Covéa regional restructure leads to redundancies
Covéa is changing its regional structure, leading to 11 redundancies.
Claudio Gienal to replace Blanc as Axa CEO
Axa has appointed Claudio Gienal and CEO of Axa UK and Ireland, replacing outgoing CEO Amanda Blanc.
Acord, Aon and Beazley team up on first data breach standard
Acord, the global standards-setting body for the insurance industry, has published the sectors first standard for a cyber data breach.
Allianz's Stephanie Smith: Insurance needs to be louder and prouder
Insurance makes the world go round and Stephanie Smith, chief operating officer at Allianz, says the industry should be prouder of its daily accomplishments.
Sogaz and VTB merge to form Russian insurance giant
Sogaz has acquired VTB Insurance and the merger is creating Russia’s largest insurance company.
Penny Black's Social World - July 2018
Sprintathons and stepping up, Pride parades and football fever
