The global economy is expected to strengthen moderately next year, which will support insurance premium growth in most regions, according to Swiss Re’s latest publication titled “Global insurance review 2015 and outlook 2016/17.” Demand for non-life insurance is expected to …
XL Group’s global Insurance operation announced the appointment of Tim Pitt to the newly created role of Head of Data, Analytics and Pricing to help drive XL Group’s data, analytics and pricing strategies and best practices across its global insurance …
The American International Group, Inc. (AIG) insurers have launched a new line of multinational commercial property products and services, including expanded coverage, loss prevention engineering, and risk management solutions, for mid-sized businesses confronting global risk exposures. AIG’s Property Performance Series …
Aon Risk Solutions, the global risk management business of Aon plc, has released its latest London Short Excess Liability Follow form policy (London Short #2) to provide clients with more contract certainty, clarity and consistency of coverage. The previous version …
Willis Group Holdings has launched a new liability insurance policy to cover the costs associated with repatriating stranded seafarers. The Maritime Labor Convention, 2006 (MLC) which came into force on August 20, states that flag states are responsible for repatriating …
Ninety-two percent of companies believe that reputational risk is the most challenging category of risk to manage, according to a major new study from ACE Group conducted across 15 countries within its EMEA (Europe, Middle East and Africa) region. ACE’s …
The U.S. government has increasingly used laws and regulations that impose economic sanctions on others as an instrument to advance foreign policy and national security goals, with some of the most recent efforts aimed at putting additional pressure on Iran …
XL Group plc announced the appointment of Chris Dougherty as Chief Financial Officer – Insurance. He will be responsible for overseeing financial reporting and planning, accounting, budgeting and financial analysis for XL Group’s global insurance operations. According to Greg Hendrick, …
The American Insurance Association has submitted comments in response to the International Association of Insurance Supervisors’ (IAIS) July 2, 2012 Public Consultation Document entitled “Working Draft of the Common Framework for the Supervision of Internationally Active Insurance Groups” referred to …
The Navigators Group, Inc.’s Navigators Pro division has introduced Side A Global InNAVation, a directors and officers (D&O) liability policy to address emerging global risks. This new policy offers dedicated excess coverage for individual directors and officers for specific non-indemnifiable …
