Insurance
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IUA report highlights insurance implications of GDPR
The International Underwriting Association (IUA) has issued a report highlighting a number of factors that may drive up both the…
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China’s securities regulator approves PICC IPO
Xinhua News Agency has reported that the China Securities Regulatory Commission has approved an application for an initial public offering…
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Hong Kong insurance market continues growth in first quarter
The Hong Kong insurance industry saw an 8.6% increase in total gross premiums to $132.5bn for the first quarter of…
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Pool Re hails ‘landmark’ government move to extend terror coverage to non-damage BI
Pool Re has welcomed a move this week by the UK Government to begin law changes that would allow the…
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GDP at risk from geopolitical and security threats in leading cities up 16%
Annual GDP under threat from geopolitical and security risks to the world’s largest cities rose by 16% in the past…
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German insurtech effort picks up pace as market gathers in Cologne and Coya raises further $30m
The drive by Germany to lead the insurtech revolution gained further momentum this week as more than 500 representatives of…
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Schinnerer Group rebrands as Victor
The Schinnerer Group, the world’s largest managing general underwriter, currently servicing greater than $1bn in premium, is to rebrand as…
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Hanover Insurance Group forms new alternative markets unit
The Hanover Insurance Group has formed a new business unit within its domestic specialty group, focusing on specialty programmes, excess…
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African cities weak in terms of resilience
African cities need to build resilience if they are to thrive and cope with a series of risks that could…
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London, Moscow and Paris most exposed European cities to risk
London, Moscow and Paris are the most exposed European cities to a set of 22 risks, with a combined $24.6bn…
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Carillion highlights D&O insolvency culpability, with claims on the way
The collapse of Carillion earlier this year has shed light on how directors are increasingly being found culpable when a…
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Igrea gives insurers chance to explain their claims strategies at Madrid event
The Spanish large corporate risk and insurance sector meets in Madrid today at the latest Risk Frontiers conference, organised by…
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XL shareholders approve AXA’s $15.3bn offer
XL’s shareholders have approved the $15.3bn all-cash offer from AXA to buy the Bermudian firm. The deal is now expected…
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Man-made risks outstrip nat cat as Lloyd’s research shows $546.5bn annual GDP under threat in leading cities
An estimated $546.5bn of GDP is at risk each year from 22 perils across leading cities, with man-made threats posing…
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Risk managers have key role in rise of the robots
Very few professions have been left unchallenged by the rise of new technology, in particular the prevalence of automation and…
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MS Amlin gets go-ahead for Brussels Brexit plan
MS Amlin will redomicile its European operations from London to Brussels after receiving regulatory approval, with the new base fully…
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Howden Broking Group appoints new CEO
José Manuel González has been appointed as CEO of Howden Broking Group. He will take up the role on 1…
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RSA gets green light for Luxembourg move
RSA has received regulatory approval for its new Luxembourg insurance subsidiary, which is being set up to deal with Brexit.…
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Aon first broker to sign UN’s sustainable insurance framework
Aon has signed up to the UN’s Principles for Sustainable Insurance (PSI), making it the first insurance broker to commit…
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XL Catlin appoints new president of global excess casualty
XL Catlin has appointed Donnacha Smyth as president of global excess casualty insurance, in a move that sees him return…