Specialty Lines Insurance: Innovating at the Edges of Society and the Economy September 17, 2019 By L.S. Howard Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding...
Electronic Marketplace AkinovA Donates Data Assets to ACORD for Industry Standards September 16, 2019 AkinovA, the independent electronic marketplace for the transfer and trading of re/insurance risk, has donated key insurance linked security (ILS)...
RSA Ireland Names Thompson from Insurance Ireland as CEO September 16, 2019 Kevin Thompson has been appointed chief executive of RSA Ireland after being approved by the regulator Central Bank of Ireland....
VIBE Syndicate Mgmt Closes Accident & Health, Property Direct & Facultative Units September 16, 2019 VIBE Syndicate Management (VIBE), announced the closure of its Accident & Health and Property Direct & Facultative (D&F) business units...
Insured Losses for Typhoon Faxai Estimated at US$3B-US$7B: AIR Worldwide September 16, 2019 Industry insured losses from Typhoon Faxai, which made landfall in Japan on Sept. 9, will be between 340 billion Japanese...
JBA Risk Management Launches Probabilistic Global Flood Model September 16, 2019 The global leader in flood risk management, JBA Risk Management, launched the first probabilistic global flood model, which allows re/insurers...
Humberto Strengthens into 3rd Atlantic Hurricane of 2019, Heading to Bermuda September 16, 2019 By L.S. Howard Tropical storm Humberto has now intensified into the third Atlantic hurricane of 2019 with top sustained winds of 75 mph,...
Reith to Step Down as Group CEO of Neon September 16, 2019 American Financial Group Inc. announced that Martin Reith intends to resign his executive roles with Neon, including stepping down as...
U.K. Police Drop Probe Into Pro-Brexit Group Leave.EU, Co-Founded by Insurance Exec September 13, 2019 By Franz Wild U.K. police dropped an investigation into whether Brexit supporting campaign Leave.EU breached electoral law, saying there was insufficient evidence to...
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...