Weather Events in U.S., Australia Cost Insurers $1B+ in February: Aon March 9, 2017 Insurers face claims of more than US$1.0 billion as a result of severe weather events in the U.S. and Australia...
Africa’s Disaster Resilience Is Focus of New African Risk Capacity Partnership March 9, 2017 The African Risk Capacity (ARC) has teamed up with the African Development Bank (AfDB) to help African nations strengthen their...
Markel International Launches Surety Business; Team Leaders Appointed March 9, 2017 Markel International, the London-based specialist insurer and Markel Corp. subsidiary, has launched a surety offering, following the appointment Damian Manning...
UK Government Plans to Trigger Brexit Negotiations in Late March: Sources March 9, 2017 By Ian Wishart and Tim Ross Prime Minister Theresa May’s team increasingly expect the U.K. to trigger the start of Brexit talks in late March, according...
Hiscox Appoints RMS’ Khare as Group Head of Catastrophe Research March 9, 2017 Specialist insurer Hiscox has appointed Shree Khare as group head of Catastrophe Research. Khare will lead the research that directly...
AIG Plans to Launch Luxembourg-Based Insurer in 2019 in Preparation for Brexit March 8, 2017 American International Group Inc. plans to locate an insurance company in Luxembourg to ensure continued smooth operation of its business...
Willis Towers Watson Launches New Edition of Pricing Software, Radar 3.0 March 8, 2017 Willis Towers Watson has launched Radar 3.0, the latest edition of its pricing software, which includes machine learning approaches for...
Australia Consumer Watchdog Sues VW’s Audi Unit over Emissions Scandal March 8, 2017 The Australian consumer watchdog said on Wednesday it was suing the local Audi unit of Volkswagen AG for intentionally selling...
Thai Authorities Begin Crackdown on Ride-Hailing Firms Uber, Grab March 8, 2017 By Panarat Thepgumpanat and Patpicha Tanakasempipat Thailand’s transport authorities have begun a crackdown on drivers for ride-hailing services Uber and Grab and want the military government...
Integro Announces Change in UK Operation’s Leadership March 8, 2017 International insurance broker and risk management firm Integro Insurance Brokers announced the departures of John Sutton and Toby Humphreys, who...