Insurers Provide Cover for German Banks Stashing Billions of Euros June 14, 2016 By Jonathan Gould Europe’s top insurers are selling protection to German banks that hoard billions of euros of cash in vaults to avoid...
AXA’s CEO de Castries Predicts ‘Extremely High’ Probability of ‘Brexit’ June 14, 2016 By Fabio Benedetti-Valentini There is an “extremely high” probability that the U.K. will vote to leave the European Union and investors will face...
Ongoing Soft Market Tops Reinsurers’ Concerns: Xuber Survey June 14, 2016 By L.S. Howard Soft market conditions continue to be the biggest concern for the industry, followed by regulation, competition from third party capital,...
Run-Off Specialist Compre to Buy Allianz IARD’s Pool Legacy Business June 14, 2016 Compre, the independent insurance and reinsurance legacy specialist, has agreed to acquire Allianz IARD’s Ridgwell Fox & Partners (RFP) pool...
Canada Health Startup Uses App to Connect Employees with Services June 14, 2016 By Gerrit De Vynck League Inc., a Canadian health-insurance startup, is raising $25 million in a funding round backed by Omers Ventures, Royal Bank...
XL Catlin Names Haynes as Senior U/W, International Casualty, Asia June 13, 2016 XL Catlin has appointed Lloyd Haynes as senior underwriter, International Casualty, covering the Asia Pacific market, based in Singapore. Haynes...
Winners of 1st Innovation in Insurance Awards Are ‘Change Leaders’ June 13, 2016 The winners of the first annual Innovation in Insurance awards include Allianz, AXA, Europ Assistance, MS&AD Insurance, and USAA. The...
Marketform Rebrands as ‘Neon’ After Completing Strategic Review June 13, 2016 Marketform, the specialist Lloyd’s insurer, announced that the group has today re-launched as “Neon.” The re-launch coincides with the completion...
Women Are 30 Years From Attaining 30% of Seats on Boards: Report June 13, 2016 By Anjuli Davies It will take 30 years at the current pace of change for women to attain just 30 percent of the...
CFOs Must View Their Companies ‘Holistically’: Hamilton’s CFO Reiss June 13, 2016 By L.S. Howard A successful chief financial officer needs to be collegial, cooperative, highly visible and a strategic thinker who has the ability...