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Insurtech weekly: Ascot, Beazley,CoverHound, bsurance, Lloyds Lab
InsuranceERM rounds up the latest developments in the fast-moving world of insurtech
Fairfax CRO expands role into operations
Peter Clarke will become chief operating officer in addition to his current duties
IASB supports changing IFRS 17 scope and transitional arrangements
Board members overwhelmingly agree with staff recommendations
Beazley's profits halve in 2018
Hurricanes, typhoons and wildfires meant the insurer was hit by severe nat cat claims in 2018
Beazley launches cyber and executive risk division
The combined business lines accounted for about a quarter of premiums in 2018
EY Canada to establish excellence hub for insurers
The centre will help insurers with regulatory change and digital transformation
Global reinsurance capital dips 2% in Q3 2018
Aon outlook says excess reinsurance capacity continues to exist
US life firms under pressure from accounting overhaul
It has been billed as the biggest change in US accounting rules for decades. But reportage of the new US GAAP LDTI standard remains sparse. Since coming into effect in August, with an implementation deadline of 2021, companies have been scrambling to assess the impact. Sarfraz Thind reports
Hamilton appoints Vetch as CFO for Lloyd's business
Takes over from departing Simon Barrett
Top ten insurtech leaders of 2018 named
The individuals were selected by Acord for “driving meaningful global change”