London Re/Insurance Market Will Weather Brexit Storm: Execs July 1, 2016 By L.S. Howard Brexit has created great uncertainty for the UK, the European Union and perhaps the world. Pretty much everyone agrees on...
Global Insurance Premiums up 3.8% in 2015, Despite Trade Slowdown: Swiss Re June 29, 2016 By L.S. Howard Despite a challenging business environment and global trade slowdown in 2015, global direct premiums written grew by 3.8 percent in...
QBE Weighs Brexit-Effect; Marsh Considers Some Brexit Scenarios June 28, 2016 By L.S. Howard QBE Insurance Group announced this week that it will be reviewing its UK-based operations in light of last week’s vote...
Re/Insurance Business Leaders Begin to Comment on Post-Brexit World June 24, 2016 By L.S. Howard The UK joined the European Union in January 1973, and yesterday, the UK public voted to leave. After 43 years...
UK’s Insurance Act May Lead to More Intense Rate Competition: Fitch Wire June 22, 2016 By L.S. Howard A new U.K. law, designed to make it harder for insurers to dispute commercial insurance claims, could lead to more...
How to Avoid D&O Policy Pitfalls – and Declined Claims: Marsh Report June 20, 2016 By L.S. Howard When a directors and officers (D&O) claim is declined, it can be catastrophic for an insured, forcing the company to...
Insurers Ignore FinTech Revolution at Their Long-Term Peril: PwC June 17, 2016 By L.S. Howard While 90 percent of insurers fear they will lose business to a FinTech start-up, only 43 percent say they have...
Persistent Soft Market Begins to Hit Reinsurer Stock Prices: A.M. Best June 15, 2016 By L.S. Howard While global reinsurers are continuing to withstand challenging market conditions, their stock prices, on average, are starting to take a...
Ongoing Soft Market Tops Reinsurers’ Concerns: Xuber Survey June 14, 2016 By L.S. Howard Soft market conditions continue to be the biggest concern for the industry, followed by regulation, competition from third party capital,...
CFOs Must View Their Companies ‘Holistically’: Hamilton’s CFO Reiss June 13, 2016 By L.S. Howard A successful chief financial officer needs to be collegial, cooperative, highly visible and a strategic thinker who has the ability...