A.M. Best Warns on Hurricane Maria Impact on Caribbean/Puerto Rican Insurers September 20, 2017 Many insurers and reinsurers in the Caribbean and in Puerto Rico will be tested as they brace for Hurricane Maria,...
Papadopoulo to Succeed McElroy as CEO of Arch Worldwide Group; Rajeh Moves to CEO Worldwide Reinsurance September 20, 2017 Arch Capital Group Ltd. announced that Nicolas Papadopoulo will become chairman and CEO of Arch Worldwide Insurance Group and chief...
XL Group Picks Dublin for Post-Brexit EU Headquarters September 20, 2017 By Mark Hollmer XL Group is the latest property/casualty insurer to make plans to move its European insurance company headquarters from the United...
Search for Survivors Underway after Mexico Earthquake; Hundreds Killed September 20, 2017 By Eric Martin, Michelle F. Davis, Nacha Cattan and Carlos Manuel Rodriguez Mexican search and rescue teams worked through the night after an earthquake rocked one of the world’s largest urban centers,...
EU Seeks More Control Over Insurers and Financial Sector September 20, 2017 The European Commission proposed on Wednesday transferring some powers to oversee the financial sector from national capitals in a move...
Ed Names Jani Chief Executive for Middle East, North America, India September 19, 2017 Ed, the global reinsurance, wholesale and specialty broker, has announced the appointment of Minesh Jani as chief executive of Middle...
Qatar Insurance Closes UAE Branch as Diplomatic Crisis Continues September 19, 2017 By Saeed Azhar and Tom Arnold A Qatari insurance company is closing its branch in Abu Dhabi because authorities there have not renewed its license, a...
Insurers Hope Insurtech Will ‘Nudge’ Customers to Less Risky Behaviors September 19, 2017 By Jemima Kelly and Carolyn Cohn Insurers are counting on real-time technology to help them cut back payouts, from a system warning ships of nearby pirates...
Chinese Insurer ZhongAn Initiates $1.5 Billion Hong Kong IPO September 18, 2017 By Crystal Tse ZhongAn Online P&C Insurance Co., China’s largest online insurer, started taking orders for a Hong Kong initial public offering that...
Category 5 Hurricane Maria Slams Dominica on Way to Virgin Islands, Puerto Rico September 18, 2017 By Alvin Baez Hurricane Maria caused “mind boggling damage,” ripping off roofs across the small island of Dominica before pushing on toward the...