Insurance
-
Cyber risks and the supply chain
Supply chain risk is a growing problem for companies, but one area that can sometimes be overlooked is the issue…
-
Starr launches drone coverage for building industry
Starr Companies has launched primary and excess liability coverage for drones in the US construction industry. As a joint initiative…
-
Allianz appoints travel and assistance manager
Allianz Global Assistance has appointed Sharon Molotlegi as travel and assistance manager. Based in Johannesburg, Ms Molotlegi brings significant experience…
-
PwC survey: Insurance CEOs optimistic over growth but concerned by regulation
Insurance CEOs are optimistic about their own companies’ prospects, although the cost and disruption of regulation continues to be industry…
-
Markel International starts surety business in the UK
Markel International has launched a surety offering, appointing Damian Manning to head up its new team, with David Chandler as…
-
EIOPA report highlights greater supervisory cooperation
The European Insurance and Occupational Pensions Authority (EIOPA) has said it will be looking for greater supervisory cooperation in information…
-
AXA launches global parametric insurance unit
AXA has launched a unit dedicated to parametric insurance products, called AXA Global Parametrics. Parametric insurance is so called because…
-
Peter Hancock resigns from AIG
Peter Hancock, president and CEO of AIG, has resigned after reporting a series of big losses and dealing with intense…
-
Novae underwriting result hit by Ogden revision
Profits for 2016 at Novae Group plc have been hit by the recent revision to the UK's Ogden discount rate.…
-
Commercial lines pricing up in MENA region survey finds
Commercial lines pricing has increased in the MENA (Middle East and north Africa) region, according to the latest MENA Insurance…
-
Integro UK founders to leave firm
International specialty insurance broker and risk management firm Integro Insurance Brokers has announced the departure of John Sutton and Toby…
-
Barbican Protect hires Martin Eyres as underwriting director
Barbican Protect, the UK insurance arm of Barbican Insurance Group, has appointed Martin Eyres as underwriting director. Based in London,…
-
Allied World launches three PI products in Australia
Allied World Assurance Company Holdings has launched three new professional liability products in Australia: Directors and Officers liability insurance, Architects…
-
London market issues Brexit recommendations to government as £8bn of EU premium at risk
European risk managers are already seeking to reduce their exposure to the London insurance market because of uncertainty over how…
-
Ogden rate cut costs Aviva £475m, but investors shrug it off
The UK government’s decision to significantly reduce the assumed rate of return on investments for personal injury claimants and thus…
-
Human rights risks mount with supply chain due diligence not fit for purpose: Maplecroft
Human rights risks are surfacing closer to home for western companies at the very time that legislation to clamp down…
-
Buffett claims BHSI ‘destined’ to be leading global P&C player
Warren Buffett has told investors that Berkshire Hathaway Specialty Insurance (BHSI) increased its premium income by an impressive 40% last…
-
ICMIF to launch mutual microinsurance scheme with India’s DHAN foundation
The International Cooperative and Mutual Insurance Federation (ICMIF) has announced that it will work with the Development of Humane Action…
-
Hong Kong looks to establish itself as reinsurance and captive hub
The Hong Kong Financial Services Development Council (FSDC) has released a report which calls for action to be taken to…
-
Lloyd’s syndicates keen to tap Indian opportunity, says local lawyer
Lloyd’s syndicates are not wasting their time as they prepare to enter the Indian insurance market following regulatory approval given…