Brexit Cost Implications to Weigh on UK Re/Insurers: A.M. Best Report January 20, 2017 By L.S. Howard The cost implications of the loss of passporting rights after the UK exits the European Union will weigh on re/insurers,...
Soft Market Is Main Factor Limiting Growth of UK MGAs: Survey January 20, 2017 Soft market conditions have replaced regulation and compliance as the main factor affecting growth for UK managing general agents (MGA)...
Platt Named COO of Aon Risk Solutions; Moran Is CEO of Aon Inpoint January 20, 2017 Aon plc announced the appointment of James Platt as chief operating officer of Aon Risk Solutions and Michael Moran as...
Lloyd’s to Open India Branch Ahead of April Renewals January 20, 2017 Lloyd’s, the specialist insurance and reinsurance market, announced plans to open a reinsurance branch in India, in time for the...
Zurich to Cut 240 UK Jobs as Life, General Insurance Arms Combine January 20, 2017 Zurich Insurance Group AG plans to slash about 240 jobs in the UK as part of broader efforts to bring...
Aon in Talks to Sell Benefits Outsourcing Division: Reuters January 19, 2017 By Greg Roumeliotis Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier...
Skuld Purchases SMA/Gerling Norway, Now Renamed Skuld Marine Agency January 19, 2017 Skuld announced that on Jan. 12, 2017 it has completed its acquisition of SMA/Gerling Norway, which has been renamed Skuld...
Canada’s Energy Firms at Risk from Cyber, Bomb Attacks: Security Service January 19, 2017 By Ethan Lou Canada’s main spy agency last year warned energy companies about an increasing risk of cyber espionage and attacks on pipelines,...
Allianz & Standard Chartered Form Bancassurance Partnership in Asia January 19, 2017 Standard Chartered Bank and Allianz have formed a 15-year bancassurance partnership for the distribution of Allianz’s general insurance products, including...
Global Temperatures Hit Record High for 3rd Year in Row in 2016 January 19, 2017 By Alister Doyle World temperatures hit a record high for the third year in a row in 2016, creeping closer to a ceiling...