U.K.-EU Brexit ‘Working Group’ Tasked with Fate of Insurance Policies May 2, 2018 By John Glover, Alexander Weber and Piotr Skolimowski The European Central Bank and the Bank of England have been drafted in to study the threats that Brexit poses...
Pioneer Underwriters Names Gaffney Chief Operating Officer May 2, 2018 Pioneer Underwriters has appointed Simon Gaffney as group chief operating officer, He will report to Dane Douetil, group chief executive...
CFO Parry to Leave Lloyd’s After 17 Years May 1, 2018 Lloyd’s of London announced today that Chief Financial Officer John Parry has decided to leave the corporation after 17 years....
Acquisition of Novae Boosts Q1 Results for AXIS Capital May 1, 2018 AXIS Capital Holdings saw its first-quarter net income and premium volume jump considerably, year-over-year, gains driven largely from its $611.5...
UN Official: Tech Industry Must Address Cybersecurity, Job Effects from Its Innovations May 1, 2018 By Dina Bass Technology companies have an obligation to address the unintended consequences of advances like artificial intelligence and innovations that enable damaging...
Guy Carpenter Promotes Fletcher to Bermuda Chairman; Hires Aon’s Morris May 1, 2018 Reinsurance specialist Guy Carpenter & Co. announced the promotion of John Fletcher to chairman of the firm’s Bermuda operations. The...
Beazley, Lloyd’s Broker, Bitfury Creating Blockchain Registry for Crisis Coverages May 1, 2018 By Suzanne Barlyn Insurer Beazley has partnered with three companies to build a blockchain-based registry that will manage insurance for crisis situations such...
Facebook Wants to Block Top EU Court from Getting Key Privacy Case May 1, 2018 By Conor Humphries Facebook bid on Monday to block referral of a landmark privacy case to Europe’s top court by requesting a last-ditch...
Tokio Marine Kiln Names McNamara as Group Chief Operating Officer April 30, 2018 London-based global specialty insurer Tokio Marine Kiln (TMK) has appointed Anna McNamara as group chief operating officer. As COO, she...
China’s Baidu Selling Majority Stake in Fintechs; May Enter Insurance April 30, 2018 By Julie Zhu and Sijia Jiang China’s Baidu Inc. said it will sell a majority stake in its financial services business for about $1.9 billion to...