All News articles – Page 115
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NewsCFC names Graeme Newman CEO
As CEO, Newman will lead all aspects of CFC’s underwriting business based in London, including the company’s growing data, technology and operations functions.
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NewsSwiss Re posts strong profit of USD 1.0 billion in first half 2021
Swiss Re’s Group Chief Executive Officer Christian Mumenthaler said: “We are very pleased with the improved profitability achieved by the Group in the first half of this year.
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NewsGallagher reports £2.1bn revenue rise for broker segment
Gallagher has reported a £2.1bn ($3bn) rise in revenue for its broker segment during the first half of 2020 in its Q2 results (29 July).
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NewsCII exposes cyber risk knowledge gap
More than half of insurance professionals have reported that their knowledge of cyber risks is virtually non-existent, despite their employer providing cyber cover, according to research by the Chartered Insurance Institute (CII).
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NewsMore funding for flood risks insurer
HSCM Bermuda is among the latest investors in an American flood specialist insurance company.
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NewsRegulatory bodies hit financial services D&Os with fines in the millions – BLM
A lack of cover for regulatory fines creates ‘a double-edged sword’ for company directors and officers
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NewsProtestor throws green paint at Lloyd’s building to ‘highlight shameless greenwashing’
Yesterday morning (28 July 2021), an activist from climate change action network Insurance Rebellion was arrested after throwing a bucket of green paint over the Lloyd’s of London building at 1 Lime Street.
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NewsAborted Aon WTW deal a “victory for competition”
Insurance buyers stand to benefit from greater choice as regulators lose appetite for monopolistic tie-ups - Brokerslink
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NewsMcLarens taps Broadspire in TPA expansion
Reporting into global head of TPA, Kirsten Early, the six-strong team will support the development of McLarens’ TPA capabilities
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NewsGlobal commercial insurance prices increased by 15% in Q2 – Marsh
Global commercial insurance prices increased by 15% in Q2 2021, according to the Global Insurance Market Index released today (27 July 2021) by Marsh.
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NewsCDL reports £52.7m turnover for 2020
Insurtech CDL has reported a £52.7m turnover for the 12-month period ending 30 September 2020, as well as £11.5m in pre-tax profits.
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NewsArdonagh Group creates new European business
The Ardonagh Group has announced the creation of Ardonagh Europe as it prepares to expand its buy and build model.
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NewsBought By Many scoops ex-Spotify lead as new chief product officer
Bought By Many has hired former Spotify design lead Lidia Oshlyansky as its new chief product officer.
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NewsLloyd’s of London hires ex-cabinet secretary Sedwill in council role
Lloyd’s of London has hired Mark Sedwill, Baron Sedwill of Sherborne, as its senior independent director and deputy chair of Lloyd’s Council.
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NewsAon: Nat cat losses reach $93 billion in 1H
Fatalities due to temperature extremes were the deadliest type of disaster during the first six months of 2021
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NewsAon and WTW call off mega merger
Brokers terminate merger agreement following “an impasse” with the US Department of Justice
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NewsBeware the catastrophe COVID clash
A major catastrophe impacting Florida, California, Texas, Missouri, or Louisiana could be complicated by COVID-19
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NewsBeazley bolsters GWP by 22% in first half of 2021
London market insurer Beazley has reported a 22% increase in its gross premiums written between 30 June 2020 and 30 June 2021, improving GWP from $1,663.9m last year to $2,035.3m at the end of June.
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NewsQuestGates boosts Ireland operations with double acquisition
The deals aim to bolster the firm’s ‘ambitious growth plans’ as the loss adjuster looks to ‘shake up the status quo’
