WORLD INSURANCE
AXA XL Names Marsh’s Barker to Lead Aviation Insurance Business in Canada
AXA XL has appointed Alex Barker to lead its aviation insurance business in Canada. Barker will report to Eric Donofrio,…
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Swiss Re Institute estimates USD 83 billion global insured catastrophe losses in 2020, the fifth-costliest on record
Natural catastrophes caused USD 76 billion of global insured losses, up 40% from 2019, mostly from secondary peril events such…
ERGO life insurers adjust overall interest rates to current market developments
ERGO Vorsorge Leben, the ERGO Group’s life insurance provider, is adjusting its current total rate of return for 2021. Similarly,…
Hub International Acquires Saskatchewan-Based Prince Albert Insurance Ltd.
Hub International Ltd., the Chicago-based insurance broker, announced it has acquired the assets of Prince Albert Insurance Ltd. Terms of…
Brit to Appoint RSA’s Wilkinson as Group CFO
Brit Ltd. announced the appointment of Gavin Wilkinson as group chief financial officer. Wilkinson will start his new role in…
AM Best Assigns Credit Ratings to Conduit Reinsurance Limited
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Conduit…
Lemonade Launches in France in Its Third European Country
Lemonade, the New York City-based insurance company powered by artificial intelligence and behavioral economics, has launched in France. The launch…
