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London

Set Alert for Insurance Day Regions :: London

StockWatch: RSA rises 4% as it readies £350m bond issue

Hannover Re up 5%, buoyed by European equity market bounce-back
United Kingdom Europe

Ardonagh Ebitda soars 50% in H1

Key hires at Bishopsgate and Price Forbes drive 9.5% organic growth in specialty division 
United Kingdom Broker

Insurers must act now to address AI bias

Algorithmic trading has been identified as a ‘significant harm function’ in the Senior Managers and Certification Regime which now applies to insurers

Technology Regulation
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Bermuda

Set Alert for Insurance Day Regions :: Bermuda

Axis Re Bermuda president Kiernan exits

Executive departs after 13 years with the carrier

Bermuda People moves

Adams to head Everest Insurance Bermuda

Kyle Adams was previously co-chief executive of JLT Specialty Bermuda

North America Bermuda

Bermuda 'to remove tier 3 capital ambiguity'

Recently approved tier 3 capital has revealed 'conflicting language' between debt offering documents and Bermuda regulatory requirements
Bermuda Regulation
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Europe

Set Alert for Insurance Day Regions :: Europe

StockWatch: RSA rises 4% as it readies £350m bond issue

Hannover Re up 5%, buoyed by European equity market bounce-back
United Kingdom Europe

Ardonagh Ebitda soars 50% in H1

Key hires at Bishopsgate and Price Forbes drive 9.5% organic growth in specialty division 
United Kingdom Broker

HDI Global appoints Zurich's Betz to management board

Sigulla steps down after eight years on industrial insurer's board
People moves Talanx
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Americas

Set Alert for Insurance Day Regions :: Americas

Axis Re Bermuda president Kiernan exits

Executive departs after 13 years with the carrier

Bermuda People moves

Allianz strengthens presence in Brazil with SulAmérica deal

German insurance giant acquires property and casualty operations for €667m

South America Brazil

US commercial property rates surge as insurers toughen stance

Insurers are pulling back in lines impacted by natural catastrophes, CIAB survey finds

United States Renewals
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Asia-Pacific

Set Alert for Insurance Day Regions :: Asia-Pacific

Legal Focus: Aggregation clause put to the test in Australian courts

New South Wales Supreme Court examines the meaning of aggregation in relation to class actions involving insurance policies
Legal focus Australia

B3i adds China Pacific as investor

Chinese carrier becomes 18th shareholder in blockchain consortium
China Insurtech

Krosa weakens to tropical storm as it hits Japan

Krosa made landfall at Kure City in Hiroshima in southern Japan on Thursday
Asia Pacific Japan
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Middle East and Africa

Set Alert for Insurance Day Regions :: Middle East and Africa

Swiss Re to open office in Ivory Coast

Reinsurer expects Abidjan office to be fully operational by October 1

Swiss Re Middle East and Africa

Viewpoint: War risk carriers on hostile ground despite rate increases

With underwriting criteria more strictly applied and capacity reduced, more carriers are likely to exit the market while others sit tight and watch the political situation in the Strait of Hormuz unfold

Political Risk and Trade Marine

War risk market drops higher pricing for UK-flag tankers

British-flag tankers no longer subject to price discrimination for trips to the Gulf, provided they are under naval escort

Middle East and Africa Marine
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Global

Set Alert for Insurance Day Regions :: Global

Viewpoint: Putting intersectionality at the heart of diversity and inclusion

Diversity and inclusion programmes need to be about more than individual identifiers like gender, race or sexual orientation

AIG Diversity

Allianz strengthens presence in Brazil with SulAmérica deal

German insurance giant acquires property and casualty operations for €667m

South America Brazil

Viewpoint: Can the Uber strategy work for commercial insurance?

Simply beating the competitors on price can work in the direct-to-consumer environment, but it is more difficult to do in the broker intermediated B2B context

Brokers Insurtech
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