Euro Zone to Launch Public Cryptocurrency in Response to Threat of Facebook’s Libra September 13, 2019 By Francesco Guarascio Euro zone governments and central banks are working on a long-term plan to launch a public digital currency that they...
U.K. Telematics Insurer Finds Motorists 32% More Likely to Crash on Friday the 13th September 13, 2019 Analysis of almost five billion miles of driving data and associated claims in the U.K. shows that Friday is the...
Edwards Named CEO of Aspen Insurance UK and Aspen Managing Agency September 13, 2019 Aspen Insurance Holdings Ltd. announced that Clive Edwards has been appointed chief executive officer of Aspen Insurance UK Ltd. (AIUK)...
New Tropical Storm Threatens Bahamas and Could Set Sights on Eastern Florida September 13, 2019 By Brian K. Sullivan Tropical storm warnings have been declared for the Bahamas, which was just battered by Hurricane Dorian, evidence of strengthening in...
Tokio Marine Kiln Announces Leadership Changes, Including New CEO Irick September 13, 2019 Tokio Marine Kiln (TMK) announced that after 11 years as chief executive officer, Charles Franks is assuming new responsibilities within...
U.K. Prime Minister Warned that Parliament ‘Forcefully’ Will Try to Stop No-Deal Brexit September 13, 2019 By Tim Ross and Jessica Shankleman Boris Johnson’s Brexit troubles deepened as the Speaker of the House of Commons warned him Parliament will “forcefully” try to...
Liberty Specialty Markets Promotes Montoya to President of U.S., Bermuda and LatAm September 12, 2019 Liberty Specialty Markets (LSM) announced the appointment of Alexander Montoya as president of U.S., Bermuda and LatAm, effective immediately. LSM...
Markel Launches Bermuda Retrocessional ILS Platform, Lodgepine Capital Management September 12, 2019 Markel Corp. announced the launch of Lodgepine Capital Management Ltd., its new retrocessional Insurance Linked Securities (ILS) fund manager in...
Dorian Drowned People Taking Refuge in Attics with Its Storm-Surge of 20-25 Feet September 12, 2019 By Michael McDonald and Ezra Fieser Teams of dog handlers from the U.S., Canada and Belgium are uncovering more and more dead bodies among the debris...
Cyber Risk Modeling Company Kovrr Raises $5.5 Million September 12, 2019 Kovrr, a Tel Aviv-based predictive cyber risk modeling company, announced a $5.5 Million financing round. The funding round was led...