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California home replacement cost updates by insurers becomes law

A new California law forces insurers to give homeowners bi-annual rebuild estimates.

Anthony Baldo, 29 August 2018
Chaucer sale to China Re agreed in principle

The parties are waiting for an indication from the Chinese authorities on whether a deal would receive approval.

Adam McNestrie, 29 August 2018
Axis promotes Hamilton to global A&H leader role

The executive was North American A&H leader for eight years.

John Hewitt Jones, 29 August 2018
Advent terror team transfers to Brit

A team of three led by Laura Goldsworthy moves following the dissolution of Advent Syndicate 780.

Catrin Shi, 29 August 2018
Standard Syndicate retreats from open market property

The syndicate will continue to offer property cover as part of multi-line policies after the move, which threatens a small number of jobs.

Bernard Goyder, 29 August 2018
Brit appoints Sullivan and Forti as active underwriters

Christiern Dart will continue as chief underwriting officer of the carrier following the appointments at Syndicates 2987 and 2988.

Catrin Shi, 29 August 2018
Recent high-profile hires from other industries create a path to a sector that is wrongly assumed to be stodgy

Insurance industry chieftains over the past several months have been talking about how they need to go outside the sector to recruit talent as competitive and technological demands increase.

Anthony Baldo, 29 August 2018
Allstate's agreement to buy InfoArmor is one that other providers of auto insurance may want to pay attention to

As M&A deals go in the insurance industry this year, Allstate’s decision to buy InfoArmor for $525mn in cash won’t go down as a bellwether deal.

Anthony Baldo, 29 August 2018
Belfast building in danger of collapsing after fire: reports

The Primark store was reportedly undergoing a $38mn refurbishment and expansion at the time of the blaze.

Bernard Goyder, 29 August 2018
Berkshire Hathaway invests in Indian financial services group Paytm

The target recently secured an insurance licence.

Bernard Goyder, 29 August 2018

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