While Ships in Persian Gulf Turn Off Transponders to Avoid Seizure, Collision Risks Rise August 2, 2019 By L.S. Howard Following weeks of mounting tensions in the Persian Gulf where vessels have been attacked and an oil tanker has been...
Markel Puts CATCo into Run-Off and Launches New Retrocessional ILS Platform July 26, 2019 By L.S. Howard Markel Corp. announced it is putting its Bermuda insurance linked securities unit, Markel CATCo, into run-off at the same time...
By Taming Big Data with AI, Cytora Aims to Transform Commercial Underwriting July 17, 2019 By L.S. Howard It is an insurtech startup operating an artificial intelligence-powered platform that aims to transform commercial insurance underwriting. While the goal...
Keep It Simple, Grow Trust for Future Success, Say UK Insurance Executives July 16, 2019 By L.S. Howard The insurance industry is facing a complicated cocktail of massive political and economic uncertainty, climate risks, huge shifts in technology...
New York-Based Broker NFP Buys Toronto’s McLean Hallmark Insurance Group July 12, 2019 By L.S. Howard New York City-based insurance broker and consultant NFP announced it has acquired Canadian broker McLean Hallmark Insurance Group Ltd. Financial...
Pushing and Pulling Lloyd’s Into the 21st Century July 10, 2019 By L.S. Howard Twenty-five years ago, the Lloyd’s of London marketplace was teetering on the brink of insolvency, reeling from billions of dollars...
Tokio Marine Puts UK Insurer into Run-Off, Now Focusing on Lloyd’s Business June 25, 2019 By L.S. Howard Tokio Marine Group is putting one of its UK insurance companies, Tokio Marine Kiln Insurance (TMKI), into run-off. Going forward,...
Lawsuit Filed for ‘Defective’ Products Linked to London’s Grenfell Tower Fire Disaster June 13, 2019 By L.S. Howard Three U.S. companies have been slapped with a wrongful death and products liability lawsuit for manufacturing products linked to London’s...
Storytelling Is Key Soft Influencing Skill, Says UK Consultant, Coach and Storyteller May 14, 2019 By L.S. Howard While everyone has a story to tell, many people fail to realize just how interesting they are. They simply need...
Swiss Re: Insurance Industry Must Wake Up to Costs of ‘Secondary’ Catastrophe Perils May 6, 2019 By L.S. Howard The insurance industry must wake up to the growing cost of “secondary” catastrophe perils, which amounted to more than 60...