Lloyd’s Sees Political Risk Insurance Opportunity in Trump, Brexit February 15, 2017 By Jonathan Levin Lloyd’s of London Chief Executive Officer Inga Beale said Donald Trump’s presidency and the U.K.’s planned exit from the European...
Colombia’s Insurance Regulator Approves Use of AIR’s Earthquake Model February 15, 2017 Catastrophe modeling firm AIR Worldwide (AIR) announced that its earthquake model for Colombia has been approved by the country’s insurance...
Insurer & Investor Group Urges G20 to Scrap Fossil Fuel Subsidies by 2020 February 15, 2017 Investors and insurers with more than $2.8 trillion in assets under management on Wednesday called on the Group of 20...
Nichols Resigns as AXIS Re’s CEO; Ekberg Named Interim Head of Reinsurance February 14, 2017 Bermuda-based AXIS Capital Holdings Ltd. announced that John “Jay” Nichols has resigned from his position as chief executive officer of...
Miller Hires Richards (from Guy Carpenter) for Its Facultative Property Team February 14, 2017 Miller Insurance Services has expanded its facultative property team with the appointment of experienced broker and producer Damian Richards. Richards...
NSW Bushfires to Cost Insurers at Least US$15.3M: Insurance Council February 14, 2017 The Insurance Council of Australia (ICA) has declared an insurance catastrophe for bushfires that have destroyed homes, stock and other...
Insurance CEOs More Concerned Than Others About Disrupters: PwC February 14, 2017 By L.S. Howard Insurance CEOs are more concerned than leaders in other industries about combined disruptive threats to their revenue growth prospects, according...
Intesa Consults Investors Ahead of Possible Generali Deal: Sources February 14, 2017 By Sonia Sirletti , Tommaso Ebhardt and Manuel Baigorri Intesa Sanpaolo SpA is sounding out investors about a possible combination with Assicurazioni Generali SpA and weighing which of the...
U.K. Tech Startups Weigh Moving HQs to Continent on Brexit Worries February 14, 2017 By Edward Robinson British technology startups are beginning to stress out over Brexit. Initially confident their industry wouldn’t be harmed by Britain’s break...
Neon Names AlphaCat’s Pritchard as Head of Property Reinsurance February 13, 2017 Neon has appointed Nick Pritchard as head of Property Reinsurance. Pritchard initially will be based in Neon’s Bermuda office and...