Canada
Enough capital in 'asymmetrical' reinsurance market: Guy Carpenter
There was adequate capacity to meet rising demand in the reinsurance sector during the 1 January 2020 renewal period, according to Guy Carpenter, however the results for buyers were mixed depending on a range of factors.
Analysis: Embracing data ethics
With the increasing use of machine-learning models, the data being inputted into these models raises a number of ethical questions, but how are insurers addressing these potential issues?
Interview: William Stovin, Markel International
As Markel International gears up for more growth across its national markets business and looks to build on its presence in Europe, Jen Frost spoke to Markel International president William Stovin about the history of the business and why Brexit has…
Selling Ardonagh to a public company would be a failure, says Ross
Ardonagh CEO David Ross has asserted the business's commitment to independence and revealed that while the firm’s court case victory over Gallagher did not come as a surprise the episode left him “a little bit heartbroken and incredibly sad”.
Aviva targets 3% COR improvement by 2022
Aviva is targeting a general insurance combined operating ratio of 93%-95% by 2022, according to general insurance CEO Colm Holmes.
Interview: Trak Global CEO and co-founder Nick Corrie
A decade into its journey, Trak Global is finally ready to break the US on the back of an acquisition and £40m plus private equity raise. CEO and co-founder Nick Corrie tells Jonathan Swift about why he prefers to get on and do things quietly than spout …
Markel reshuffles global strategy management team
Markel International national markets director Simon Wilson has been appointed as managing executive of global strategy for insurance operations at the insurer’s US-based parent, the Markel Corporation.
Google powered products a 'no brainer': Applied Systems CEO
Applied Systems sees the UK as “research and development lab” for new technology and ideas following its success incorporating front end quote and buy into its Epic platform in the territory.
Markel appoints wholesale and national markets claims leaders
Markel International has promoted three of its claims leadership team, with a view to giving parts of the business more specialised management.
Aviva's Rob Townend to depart in leadership reshuffle
Rob Townend is leaving Aviva, amid leadership team changes that see the insurer scrap its UK managing director roles.
Cytora becomes UK's best funded insurtech with £25m Series B raise
Cytora, a provider of artificial intelligence-powered solutions for the commercial insurance sector, today announced the largest funding round by a UK-based insurtech in 2019 as it looks to expand its product suite and enter new territories including the…
Blog: He won over brokers and the board, but can new Aviva CEO Tulloch win back investors?
Aviva's share price nudged up a few pennies on Monday as it announced Maurice Tulloch as its new group CEO. Post content director Jonathan Swift reflects on why - despite his initial cynicism - the British-Canadian boss might have the attributes to…
Aviva's Maurice Tulloch on leading the way in prevention
Climate change means extreme weather events are only going to become more frequent. Maurice Tulloch, CEO international insurance, explains how the insurance industry can lead the way in prevention.
Crawford’s 'We Go Look' app comes to the UK
Crawford-owned We Go Look is bringing its self-service on demand inspection app to the UK.
Insurers ask for two more years to implement IFRS 17
Insurance associations from around the world are asking for a two-year delay in the implementation of the International Financial Reporting Standard 17 for insurance contracts.
Travel insurance: Making sure winter sports cover doesn't go downhill
Despite the large amounts of money associated with booking and kitting out for winter sports holidays, there will still be skiers and snowboarders heading overseas this winter with inappropriate cover. What are insurers doing to prevent policyholders…
Allianz partners with ‘game changer’ car sharing marketplace Turo
Exclusive: Car sharing marketplace Turo has credited the unique insurance product for its successful UK launch last Tuesday.
This week in Post: Do you know who's on the other end of the phone?
We have all experienced that heart-stopping moment when our phone rings and our eyes are greeted with the dreaded: "No caller ID."
Lloyd’s underwriters given go ahead to insure Canadian cannabis risk
Underwriters at Lloyd’s of London have been informed that they can underwrite Canadian cannabis risk.
Hannover Re names Swiss Re's Henchoz to replace CEO Wallin
The CEO of Hannover Re, Ulrich Wallin, is to step down and retire from the reinsurance giant in 2019 and will be replaced by Swiss Re’s Jean-Jacques Henchoz.
Weather losses send RSA profits down 15% at H1
RSA posted a 15% drop in group operating profit for the first six months of the year as British and Canadian weather losses dent the insurers’ results.
Primary and Arch back Q3 launch of McNamee's insurtech C-Quence
Insurance investment vehicle Primary Group has today been revealed as the backer for the new digital-enabled managing general agent to be launched by former AIG UK CEO Jacqueline McNamee in autumn this year.
Power to the pedals
Cycle insurers have mixed feelings about the European proposal to mandate insurance for electric bikes.
Aviva's Maurice Tulloch on distracted driving becoming the new drink-driving
Drinking and driving is simply not acceptable to today's society. Why then, asks Maurice Tulloch, CEO Aviva International Insurance, is the same stigma not yet attached to using a phone will driving?