QBE Weighs Brexit-Effect; Marsh Considers Some Brexit Scenarios June 28, 2016 By L.S. Howard QBE Insurance Group announced this week that it will be reviewing its UK-based operations in light of last week’s vote...
Britain’s Vote to Leave EU Hikes Concerns over UK Insurers’ Capital Strength June 28, 2016 By Carolyn Cohn Market falls triggered by Britain’s vote to leave the European Union will hit British insurers’ capital, raising concerns over their...
China Close to Adopting Controversial Cyber Security Rules June 27, 2016 China moved closer on Monday to adopting a controversial cyber security law, after parliament held a second reading of the...
Data Theft by Employees Affects 69% of Businesses: Accenture Survey June 27, 2016 As businesses spend billions of dollars a year trying to protect their data from hacking that’s costing trillions, they face...
RMS Updates Cat Models for Terrorism, Europe Windstorm & US Flood June 27, 2016 Global catastrophe risk management firm RMS has released version 16.0 of its catastrophe modeling platform, which includes updates to both...
A.M. Best Removes Ironshore from ‘Under Review’ Status June 27, 2016 A.M. Best has changed its mind about Ironshore, removing the Bermuda-based specialty insurer from its status as “under review with...
French & German Floods to Hit Insurers’ Earnings but Not Ratings: A.M. Best June 27, 2016 The earnings of French and German insurers during the first half of 2016 will be dampened by flood claims following...
Brexit or ‘Regrexit’? That Is Still the Question… June 27, 2016 By Guy Faulconbridge To leave, or not to leave: that is the question. Still. After Britain’s historic vote to leave the European Union,...
Chubb Names P/C Insurance Risk Engineering Leaders for Europe June 24, 2016 Chubb announced the leadership of its property & casualty (P/C) risk engineering team in Europe, all effective immediately. Paul Brooke,...
XL Group’s Shareholders Approve Move to Bermuda from Ireland June 24, 2016 XL Group plc announced that its ordinary shareholders have approved a scheme of arrangement that will change the place of...