As Re/Insurers’ Results Are Hit, ‘Substantial’ Rate Hikes Expected: Swiss Re November 22, 2017 Non-life re/insurers’ full-year underwriting results are likely to be severely impacted from the second half’s three hurricanes and earthquakes in...
Starr Cos. Forms Agreement with SMARTT MGA for General Aviation Business November 22, 2017 Starr Cos. announced an agreement with SMARTT MGA to act as agents for Starr International (Europe) Ltd. to provide automated...
BHSI Introduces Contractors Plant & Equipment Cover in Australia November 22, 2017 Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has introduced a new Contractors Plant & Equipment (CP&E) policy for customers...
Airbus Aims to Develop Single Pilot, Autonomous Aircraft to Cut Crew Needs November 22, 2017 By Kyunghee Park Airbus SE is looking to develop autonomous aircraft and technologies that will allow a single pilot to operate commercial jetliners,...
UK Accounting Regulator Urged to Slap Larger Fines on ‘Big Four’ Firms November 22, 2017 By Huw Jones Misdeeds by the world’s “Big Four” accounting firms should be punished with much bigger fines, Britain’s accounting watchdog was advised...
Everest Re CEO Addesso Contract Is Extended Through 2019 November 21, 2017 Dominic Addesso, president and CEO of Bermuda-based Everest Re Group Ltd., has gotten a contract extension. The Bermuda-based reinsurer and...
Global Regulators’ Rethinking of Risk Assessment Welcomed by Large Insurers November 21, 2017 By Huw Jones Global regulators are rethinking how to assess risks in big insurance companies, marking a shift that could make life easier...
UK P&I Insurer Chooses Dublin as EU Headquarters After Brexit November 21, 2017 By Carolyn Cohn and Jonathan Saul British ship insurer Standard Club is setting up a new European Union subsidiary in Dublin in case Britain loses access...
Factbox: Growing List of Insurers Decide on Post-Brexit EU Headquarters November 21, 2017 Sompo International Holdings, a Bermuda-based unit of Japanese insurer Sompo, said it will set up a subsidiary in Luxembourg, in...
China’s Ping An Is World’s 2nd Largest Insurer by Market Value After Berkshire November 21, 2017 By Bloomberg News A surge in Ping An Insurance (Group) Co.’s shares this year has made it the world’s second-largest insurer by market...