Industry Blockchain Initiative B3i Gets Ready to Go Live for January Renewals September 12, 2018 By L.S. Howard The industry’s Blockchain Insurance Industry Initiative (B3i) announced a year ago it had developed a reinsurance blockchain prototype for a...
Lancashire Promotes Irvine to Chief Underwriter, Readdy to Group Chief Actuary September 12, 2018 James Irvine has been named chief underwriting officer for Lancashire Insurance Co. Ltd. (LICL) in Bermuda. Lanchashire Holdings Ltd. (LHL)...
Brexit Knocks London Off Its Top Financial Center Perch; New York Benefits September 12, 2018 By Jon Menon New York has replaced London as the world’s top financial center as Brexit saps the confidence of U.K. industry professionals,...
EU Lawmakers Agree on Internet Copyright Reforms in Blow to Tech Giants September 12, 2018 By Natalia Drozdiak Tech platforms and internet activists protested the outcome of a European Parliament vote Wednesday to back copyright rules that would...
German Consumer Agency to Seek Damages Against Volkswagen Over Diesel Tests September 12, 2018 Volkswagen will face another class action lawsuit over its rigging of diesel emissions tests, this time at home when Germany...
Allianz Chief Economist El-Erian Q&A on Trump Trade Battles, Emerging Markets, Brexit September 12, 2018 By Divya Chowdhury The trade battles being pursued by U.S. President Donald Trump’s administration are likely to lead to fairer but still free...
AXIS Names 3 to New AXIS Re Strategic Partners September 11, 2018 AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited, has launched AXIS Re Strategic Partners with the appointment...
J&J in India Agrees to Work on Compensation Plan for Hip Implant Patients September 11, 2018 By Aditya Kalra Johnson & Johnson (J&J) said it would work with the Indian government to compensate patients who had suffered from hip...
XL Catlin’s Duffy to Join AIG as Bermuda Manager September 11, 2018 American International Group, Inc. announced that Catherine Duffy will join the company’s General Insurance business as Country Manager of Bermuda,...
GC Genesis, Guy Carpenter’s Insurer-Insurtech Matchmaker, Aims to Prevent Bad Relationships September 11, 2018 By L.S. Howard Insurtech is often touted as the cure that will solve the insurance industry’s inefficient and antiquated processes – from distribution,...