January 2021 | Page 16 of 35 | Insurtech Insights

Editorial Team January 22, 2021 Leadership Change

Lloyd’s Names Aviva’s Patrick Tiernan as Chief of Markets

The specialist Lloyd’s of London insurance and reinsurance marketplace has appointed Aviva’s Patrick Tiernan to the newly created role of Chief of Markets, which will see him take oversight of market performance and distribution.

Editorial Team January 21, 2021 Acquisitions

Intact Gains Approvals for RSA Acquisition

Canadian property and casualty insurer Intact gained shareholder approval for its proposed joint-takeover of UK insurer RSA.

Editorial Team January 21, 2021 Funding

AXA Explores Sale of Singapore Unit; Transaction Could Raise $700M

HSBC Holdings Plc and Malayan Banking Bhd.’s insurance venture are among shortlisted bidders for AXA SA’s business in Singapore, which could raise about $700 million in a sale, according to people familiar with the matter.

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