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RBC analyst trims Beazley recommendation over social inflation
Kamran Hossain rates the stock “outperform” rather than a “top pick”.
Samuel Casey
,
11 December 2019
NAIC elects Florida’s Altmaier as president-elect for 2020
South Carolina Insurance Director Raymond Farmer will serve as president next year, following his appointment as president-elect a year ago.
Anna Sagar
,
11 December 2019
You shouldn’t penny pinch on your do-or-die transformation programme
I am certain that many in the marketplace will have seen the news yesterday that Lloyd’s is raising £300mn ($394.9mn) to fund the Blueprint One programme and been shocked by the size of the number.
Adam McNestrie
,
11 December 2019
Axis COO Strachan steps down as two directors retire
Joining the board is Anne Melissa Dowling, a former insurance regulator in Connecticut and Illinois.
Bernard Goyder
,
11 December 2019
Armour-owned Elite placed in administration
The Gibraltar entity's losses are understood to stem primarily from its relationship with collapsed NZ carrier CBL.
Catrin Shi
,
11 December 2019
Argo reveals terms of Watson's separation agreement
The former executive’s business travel has been restricted as part of the exit deal.
John Hewitt Jones
,
11 December 2019
Wefox raises $110mn in Omers-led funding round
The Canadian pension fund makes its first foray into InsurTech with the investment in the Berlin company.
Bernard Goyder
,
11 December 2019
Axa XL hires environmental liability duo
Odette Novoa and Erica Delaney join the insurer’s New York office.
John Hewitt Jones
,
11 December 2019
Bruce Kelley to step down as EMC CEO
Scott Jean will become president and treasurer in January 2020 before assuming the role of CEO in March.
John Hewitt Jones
,
11 December 2019
Munich Re backs cyber MGA Celerity Pro
The MGA will initially write mid-market cyber and professional liability business.
John Hewitt Jones
,
11 December 2019
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