Argo Group Under SEC Scrutiny Over Executives’ Compensation October 9, 2019 By Scott Deveau Argo Group International Holdings Ltd. has been subpoenaed by U.S. securities regulators about perks for its executives and is conducting...
Insurtech FRISS and Munich Re Extend Partnership to Support Insurers Fighting Fraud October 8, 2019 FRISS, the insurtech provider of AI-powered anti-fraud solutions for the P&C insurance industry, has extended its partnership with Munich Re...
Tokio Marine HCC Expands Surety Team in France with 2 Hires from Zurich Insurance October 8, 2019 Tokio Marine HCC announced the appointment of Jennifer Metcalfe as senior surety underwriter – France, effective Sept. 16. She reports...
World Broker Network Adds CEO of Hong Kong-Based Pacific Prime to Board October 8, 2019 Neil Raymond, founder and CEO of Pacific Prime Insurance Brokers, has recently joined the Worldwide Broker Network (WBN) as a...
Arch Capital Group Expects 3rd Quarter Catastrophe Losses of Up to $75M October 8, 2019 Arch Capital Group Ltd. announced it expects to report third quarter 2019 pre-tax catastrophe losses of approximately $65 million to...
Korean Insurer Plans to Boost Overseas Investments to Escape Low-Yield Trap October 8, 2019 By Hooyeon Kim, Daedo Kim and Whanwoong Choi South Korea’s third-largest life insurer plans to boost overseas investments to almost a third of total assets, joining the growing...
Norway’s Equinor Still Gauging Extent of Oil Spill at Bahamas Terminal After Dorian October 8, 2019 Norway’s Equinor is still assessing the devastation and level of pollution at its oil terminal in the Bahamas, one month...
Arthur J. Gallagher & Co. Completes Purchase of Minority Stake in Prague’s Renomia October 8, 2019 Arthur J. Gallagher & Co. announced it has completed its acquisition of a minority stake in Renomia a.s., the Prague,...
Guy Carpenter Names Guerriero as Interim Head of International Facultative Operations October 7, 2019 Guy Carpenter & Co., the reinsurance broker and wholly owned subsidiary of Marsh & McLennan Cos., announced that Frank Guerriero...
Hub International Acquires Ontario-Based ProCorp Financial October 7, 2019 Hub International Ltd., a Chicago-based global insurance brokerage, announced it has acquired ProCorp Financial Inc. Terms of the transaction were...