Full-Fledged El Nino Increasingly Likely in Second Half 2017 May 5, 2017 By John Kemp El Nino conditions are developing across the Pacific with an increasing probability that a full-fledged El Nino episode will occur...
UK’s RSA Reports 14% Hike in Q1 NWP, Operating Profits Ahead of Plan May 4, 2017 London-listed insurer RSA reported a 14 percent rise in first-quarter net written premiums on Thursday and said operating profits were...
China’s Anbang Denies Accusation It Lied About Finances May 4, 2017 By Joe McDonald The Chinese insurer that bought New York City’s Waldorf Astoria Hotel is fighting an accusation by China’s leading business magazine...
Willis Towers Watson Names Bernstein as Head of Broking, Great Britain May 4, 2017 Clyde Bernstein has been appointed as the head of Broking – Great Britain (GB), for Willis Towers Watson’s Corporate Risk...
Aon Buys Provider of Talent Measurement & Psychometric Assessment May 4, 2017 Aon plc announced it has acquired Hamburg, Germany-based “cut-e”, a specialist in online talent assessments. Financial terms of the transaction...
Swiss Re Q1 Net Income Drops by 45% on Cyclone Debbie Claims May 4, 2017 By L.S. Howard Swiss Re reported net income of US$656 million during the first quarter of 2017, a 45 percent drop from $1.2...
Peugeot Partners with nuTonomy to Test Self-Driving Cars in Singapore May 4, 2017 French carmaker Peugeot is partnering with Boston, Massachusetts-based tech firm nuTonomy to test self-driving cars in Singapore. NuTonomy’s software, sensors...
Hiscox Taps Sompo’s Szakmary to Lead Bermuda Underwriting; Smith to Lead Specialty at Hiscox Re May 4, 2017 Specialist global insurer Hiscox has announced the appointment of Adam Szakmary as director of underwriting for Hiscox Insurance Company Bermuda,...
Campbell Appointed CFO of White Mountains May 3, 2017 Bermuda-based White Mountains Insurance Group Ltd. announced that Reid T. Campbell will become its chief financial officer on May 17,...
Liberty Specialty Markets Names AIG’s Sutherland to Lead Casualty Team May 3, 2017 Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Stuart Sutherland as its head of Casualty. Based...