The Fine Art of Underwriting Through Soft & Slightly Harder Market Cycles January 3, 2018 By L.S. Howard Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had...
Top Insurance Journal International Stories of 2017 December 29, 2017 By L.S. Howard Blockchain, cyber, mergers and acquisitions and London’s devastating Grenfell Tower fire are just some of the topics that dominate the...
QBE Insurance Settles Shareholder Class Action in Australia for US$103.2M December 29, 2017 By L.S. Howard QBE Insurance Group Ltd. has agreed to pay A$132.5 million (US$103.2 million) to settle a shareholder class action in Australia....
Generali in Germany Launches Next Phase of Restructuring Program September 29, 2017 By L.S. Howard Generali Deutschland has launched the next phase of its program to reorganize in Germany, which is one of Generali’s core...
UK SMEs Face BI Coverage Gaps After Terrorist Events: Pool Re Report September 26, 2017 By L.S. Howard Many terrorism insurance policies are triggered when there is physical damage to a property. As a result, commercial insurance buyers...
After Months of Development, B3i’s Blockchain Prototype Is Ready for Testing September 14, 2017 By L.S. Howard The industry’s Blockchain Insurance Industry Initiative (B3i) has developed a reinsurance blockchain prototype for a property excess of loss contract—and...
QBE Group CEO Neal to Exit; Regan to Succeed Him in January September 13, 2017 By L.S. Howard and Andrew G. Simpson QBE Insurance Group today announced that John Neal, Group chief executive officer, will be stepping down after five years in...
Insurtech Firms Often Help, Not Disrupt, Traditional Reinsurers: JLT Re September 12, 2017 By L.S. Howard A wave of insurtech startups are entering the re/insurance market – but that’s not necessarily a disruptive trend, according to...
Japan’s Sompo Holdings to Sell Sompo Canopius for $952M to Centerbridge September 1, 2017 By L.S. Howard Japan’s Sompo Holdings Inc. announced it has agreed to sell Lloyd’s re/insurer Sompo Canopius AG to a private equity consortium...
Former Marsh Executive Bob Newhouse Dies on Aug. 26 August 31, 2017 By L.S. Howard Former insurance industry executive and innovator, Robert “Bob” J. Newhouse Jr. died on August 26, 2017, following a brief illness....