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Opinion: Growing pains

Rarely do new ideas with merit arrive in this world quietly

Matthew Neill, 19 July 2017
IAG restructures Australian businesses

Insurance Australia Group (IAG) is pulling its domestic businesses into a single unit, as the carrier aims to make A$250mn ($198mn) in cost savings

Bernard Goyder, 19 July 2017
Nexus gains first US MGA with ZON Re deal

Expansive MGA Nexus Group has acquired US personal accident treaty reinsurance MGA ZON Re, the firm announced today.

Charlie Thomas, 19 July 2017
AmTrust adds PartnerRe’s Hickey for strategy role

AmTrust has hired Daniel Hickey as an executive vice president to take on a business strategy and development role, the company said today.

Dan Ascher, 19 July 2017
Farmers names Fernandez president of business lines

One of America’s largest insurers Farmers has made Sharon Fernandez president of its business insurance unit.

Dan Ascher, 19 July 2017
Chubb names Farrow North American life sciences leader

Chubb has promoted Lee Farrow to executive vice president and leader of its life sciences industry practice for North America, the insurer announced today.

Dan Ascher, 19 July 2017
Asset sales punish carriers in AM Best rankings

Insurers that sold assets, including AIG and Assurant, slipped down AM Best's rankings of North American non-life, non-health carriers by total revenue, while a few, including National General and Mercury General, rose as their sales expanded.

Ted Bunker, 19 July 2017
Starr buys into CoverWallet InsurTech startup

Maurice “Hank” Greenberg’s CV Starr Companies has become the first insurer to invest directly in CoverWallet, an InsurTech start-up targeting the small business market.

Ted Bunker, 19 July 2017
Wildfire risks remain for 4 million west US homes: Verisk

Millions of homes in the western US remain vulnerable to wildfires, even though the widespread drought in the region has eased, Verisk Analytics said in a report today.

Ted Bunker, 19 July 2017
Lockton taps late founder’s son Ron as global CEO

Independent broker Lockton has named vice chairman Ron Lockton as president and CEO with immediate effect, replacing the outgoing Glenn Spencer.

Ted Bunker, 18 July 2017

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