Industry Needs to ‘Question and Call Out’ Rogue MGAs, Says Chilton of Gallagher July 17, 2018 By L.S. Howard While there’s a bright future for managing general agents that “get it right,” Grahame Chilton, CEO of Gallagher UK, warns...
China’s Anbang Weighs Sale of Hexie Health Insurance: Sources July 16, 2018 By Manuel Baigorri and Vinicy Chan Anbang Insurance Group Co. is weighing a sale of its Hexie Health Insurance Co. unit as the troubled Chinese firm...
Did Big Data Enable Lloyd’s to Predict France’s World Cup Win? Well, Maybe… July 16, 2018 By L.S. Howard Ahead of the recent World Cup in Russia, Lloyd’s of London predicted that France would be victorious. And victorious they...
UK PM’s Brexit Plans Threatened by Euroskeptics; Others Support 2nd Referendum July 16, 2018 By Stuart Biggs and Robert Hutton Theresa May’s long-running battle with her divided Conservative Party took a potentially more dangerous turn, as one of her former...
NTT DATA UK to Provide Robotics Services for TMK’s Marine Transactions July 16, 2018 NTT DATA UK, a Tokyo-based consulting and IT services provider, announced it has entered into a partnership to provide robotics...
UK Retailer Debenhams Denies Cash Crunch From Cut in Suppliers’ Credit Insurance July 16, 2018 British department store retailer Debenhams said it had a healthy cash position after a media report on Sunday saying insurers...
Sustainable Re/Insurance Industry Vital in Uncertain World: Swiss Re’s Ojeisekhoba July 16, 2018 By Moses Ojeisekhoba Following Hurricane Katrina in 2005, former U.S. Vice President Al Gore described it as “the first taste of a bitter...
U.S. Sanctions Likely to Ban Use of Lloyd’s IT Platform for Processing Iran Insurance July 16, 2018 By Carolyn Cohn and Jonathan Saul New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance,...
Trump Apologizes to UK Prime Minister for ‘Fake News’ Criticisms of Brexit Plan July 14, 2018 By Jeff Mason President Donald Trump said on Friday the United States and Britain could secure a “great” post-Brexit trade deal, lavishing praise...
Canadian Health Insurers Reluctant to Provide Cover for Medical Marijuana July 13, 2018 By Nichola Saminather Sun Life Financial, Canada’s No. 2 insurer, recently started covering medical marijuana in its Canadian health insurance plan – more...