S&P Probes If Reinsurers Are Ready for Another Year of Active Natural Disasters August 1, 2018 By L.S. Howard After global insured natural catastrophe losses hit record highs in 2017, will reinsurers be able to withstand another year of...
Lloyd’s Conducts Business Review in Wake of 2017’s $2.6 Billion Loss: Sources July 31, 2018 By Carolyn Cohn and Jonathan Saul Lloyd’s of London is reviewing all aspects of its business, including its centuries-old structure, to ensure it is cost-competitive and...
Broker Ed Appoints Jordan from Lloyd & Partners as Divisional Director, Marine July 31, 2018 Ed, the global reinsurance, wholesale and specialty broker, today announced the appointment of Patrick Jordan as divisional director, Marine. Based...
India Weighs Comprehensive Data Privacy Bill, Similar to EU’s GDPR July 31, 2018 By Saritha Rai A draft of a sweeping data privacy bill has been submitted to India’s government that, if enacted, will restrict the...
Hong Kong Insurer FWD Group Eyes Singapore Listing July 31, 2018 By Joyce Koh, Andrea Tan and Manuel Baigorri Hong Kong billionaire Richard Li’s FWD Group is considering listing in Singapore with a dual-class structure, as the insurer moves...
AXIS Launches AXIS Digital Ventures to Accelerate Innovation via Insurtech Partners July 31, 2018 AXIS Capital Holdings Ltd. announced the launch of AXIS Digital Ventures, a new unit that will lead enterprise-wide efforts to...
UK Retailer Dixons Carphone Reveals 2017 Cyber Attack Hit 10 Million Data Records July 31, 2018 British electricals and mobile phone retailer Dixons Carphone said on Tuesday that about 10 million records containing personal data of...
AGCS Taps AIG’s Davì-Greer as Regional Head of Financial Lines July 30, 2018 Allianz Global Corporate & Specialty (AGCS) has appointed Stefania Davì-Greer to head of Financial Lines for Regional Unit London (RUL)....
Malaysia Airlines Flight 370 Was Likely Steered Off Course Deliberately: Report July 30, 2018 By Angus Whitley and Chong Pooi Koon Malaysia Airlines Flight 370, missing since 2014, was probably steered off course deliberately and flown to the southern Indian Ocean,...
Strong Earthquake Hits Indonesia’s Lombok Island, Killing at Least 14 People July 30, 2018 By Niniek Karmini and Ali Kotarumalos A strong and shallow earthquake early Sunday killed at least 14 people and injured more than 160 on Indonesia’s Lombok...