Insurance
-
Neon launches Nordic venture
Specialist London market insurer Neon has launched a new Lloyd’s coverholder, Orca Insurance Agency, which will underwrite for Neon Syndicate…
-
Registration opens for diversity and inclusion festival Dive In
Japan and Jordan will host their first Dive In events this year, with registrations for the insurance diversity and inclusion…
-
Regulators must keep close eye on insurers’ Brexit contingency plans: EIOPA
Europe’s national regulators must urge insurers to enforce Brexit contingency measures and inform customers how the UK’s exit from the…
-
Beale to step down as Lloyd’s CEO as market faces up to big challenges
Lloyd’s CEO Dame Inga Beale will step down next year after a five-year period in charge...
-
Hurricane mitigation delivers $105 upside for every $1 spent, finds FM global research
Businesses that invest in hurricane protection measures reduce their loss exposure by $105 for every $1 spent, according to research…
-
B2B payments in the Americas delayed further during 2018, warns Atradius
Companies in the Americas have taken an average 63 days to pay bills to suppliers and other businesses this year,…
-
Insurers see value of Solvency II but concerns still exist – Insurance Europe
The majority of EU insurers have seen a positive effect from the EU’s 2016 Solvency II regulation, but there are…
-
Chubb Overseas General appoints global energy senior executive
Matthew Hardy has been appointed as executive vice-president, global energy, Chubb Overseas General. He will report to Timothy O'Donnell, the…
-
AIG appoints North America property chief underwriting officer
Jamie Miller has joined American International Group (AIG) from Swiss Re to become AIG’s North America property chief underwriting officer,…
-
Ferma set to publish cyber insurance guide
Ferma has teamed up with insurer federation Insurance Europe to produce a guide on purchasing cyber insurance that intends to…
-
Total cost of risk in US falls again despite nat cats and emerging risks – RIMS
The average total cost of risk (TCOR) in the US has fallen for the fourth year in a row, according…
-
Willis Towers Watson ready for new acquisitions
Willis Towers Watson is ready to make another acquisition just three years after the merger of Willis and Towers Watson,…
-
Sompo expands weather risk offering to real estate and hospitality sectors
Sompo International has launched a new suite of weather-driven risk management products tailored for the real estate and hospitality sectors.
-
French insurers book €430m loss from May and June storms
French insurers have logged losses of more than €430m and 214,000 claims from policyholders affected by recent storms and flooding…
-
Kenyan economy set to stabilise, says ratings agency
Fitch Ratings has welcomed Kenya's new budget, saying it is consistent with its view that debt as a proportion of…
-
‘Fiercely competitive’ MENA insurance markets to outgrow GDP
The Middle East and Northern African (MENA) insurance markets are expected to continue outgrowing the region’s GDP during the next…
-
Cambridge University developing corporate risk management tools to tackle undervalued threats
The Centre for Risk Studies at the University of Cambridge Judge Business School believes corporates are undervaluing risks, and is…
-
Persistent low-yield environment remains main risk for EU insurance sector
The European Insurance and Occupational Pensions Authority (EIOPA) has warned that the persistent low-yield environment remains the main risk for…
-
Marsh acquires US broker Wortham Insurance
Marsh has reached an agreement to acquire US broker Wortham Insurance, which has offices in Austin, Dallas, Fort Worth, Houston…
-
Aon launches updated Thai flood model to help protect growing economy
Aon has launched an updated Thailand flood catastrophe model that uses the latest scientific advances in hydrological, hydraulic and statistical…