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Hiscox hires former GCHQ chief as cyber adviser

London-listed insurer Hiscox has brought the former head of a UK intelligence agency onto its payroll as a special adviser for cyber.

Bernard Goyder, 20 September 2017
Two earthquakes shake New Zealand

Two strong earthquakes struck New Zealand today, hours after Mexico City suffered a 7.1 magnitude quake.

Catrin Shi, 20 September 2017
ICICI Lombard IPO ‘attracts strong demand’

The initial public offering of India's ICICI Lombard has reportedly been three times oversubscribed.

Bernard Goyder, 20 September 2017
Opinion: Reasons to be cheerful

XL Group's announcement yesterday that it would move its EU hub to Dublin should comfort the London P&C insurance industry as Brexit negotiations slow to the pace of a sclerotic snail

Laura Board, 20 September 2017
United Fire sells life unit for $280mn

United Fire Group has agreed to sell a life subsidiary for $280mn in cash to Kuvare US Holdings, providing funds that may be used for share buybacks or future acquisitions.

Ted Bunker, 20 September 2017
Insurers face Maria financial strength test: AM Best

Hurricane Maria could challenge the financial strength of Caribbean and Puerto Rican insurers as the storm brings devastation to the region two weeks after it was struck by Irma, AM Best has warned.

David Bull, 20 September 2017
Liberty takes Cunningham from Travelers

Liberty Mutual has recruited Gregg Cunningham from Travelers to become executive vice president and general manager of its national insurance property division.

David Bull, 20 September 2017
The Zebra auto insurance comparison site raises $40mn

Online auto insurance comparison site The Zebra raised $40mn in new venture funding led by Accel Partners, which has also backed Facebook, Spotify and Kayak, a travel services provider.

Ted Bunker, 20 September 2017
Quake fells Mexico City buildings as thousands flee

A major earthquake struck central Mexico, toppling buildings in Mexico City and sparking fires, with at least 248 deaths reported.

Bernard Goyder, 20 September 2017
Arch reshuffles as McElroy steps aside

Arch Capital's Nicolas Papadopoulo will replace David McElroy as chairman and CEO of Arch Worldwide Insurance Group and CUO for P&C operations on 1 October.

Ted Bunker, 20 September 2017

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