Hong Kong insurance industry shows mild increase of premiums in Q1 2022
Total gross premiums written across the Hong Kong insurance industry in the first quarter of 2022 grew by 0.5% when compared to the same period in 2021, to $158.2 billion according to the region’s Insurance Authority (IA).
Lockton bolsters Norway team with four new appointments
Global insurance broker Lockton has expanded its People Solutions team in Norway with the addition of four new senior hires from Aon Norway.
High-stakes cyber claims demand quick action
Agents and Brokers, Claims Disputes, Claims Management, Cyber Risks, Emerging Risks, P/C Insurers, Reinsurance, Technology Canada, United Kingdom Axa, Marsh & McLennan, Munich Re, USI Insurance Services, Willis Towers Watson
Berkshire (BHSI) makes two key promotions within its NA claims team
Berkshire Hathaway Specialty Insurance (BHSI) has announced two key promotions across it’s North American claims team: Courtney Koch has been promoted to Senior Vice President, Healthcare and Casualty Claims, and Kathryn Ridenour has been promoted to Senior Vice President, Professional and Construction Claims.
Sherwin-Williams entitled to coverage in lead paint case
Coverage Disputes, P/C Insurers Lloyd’s of London
Placing Platform Limited fully integrates digital contract functionality
Placing Platform Limited (PPL), a provider of insurance placement technology, has introduced a new edition of its digital contract system, developed by Artificial.
Captive sector examines collateral issues in wake of Vesttoo
Alternative Risk Transfer/Captives, Emerging Risks, P/C Insurers, Reinsurance Axa, Marsh & McLennan
Supercede raises $15m in Series A funding round
Supercede, a reinsurance tech firm, has completed a $15 million Series A funding round, led by Alven with contributions from Mundi Ventures along with an existing investor roster that included Outward, Seedcamp, MMC Ventures, and AFG Partners.
Trisura sees substantial improvement in net income in Q4 results
Specialty insurance provider, Trisura Group, has posted $25.9 million operating net income in the fourth quarter of 2023, which the company said was achieved through measured growth, profitable underwriting and enhanced investment income – supporting annual operating net income of over $110 million.