Re/Insurers Must Respond to Evolving Terrorist Risk with Relevant Products: JLT March 25, 2016 By L.S. Howard The re/insurance industry is failing to respond to the growing global terrorist threat with products that meet the needs of...
Ageas UK Appoints Cardinus Risk Management to Provide Risk Surveys & Platform March 25, 2016 Ageas UK has hired Cardinus Risk Management to provide both risk management survey software and on-site survey services to support...
Chubb’s Overseas General Appoints Puleo as Head of Custom Industry Solutions March 25, 2016 Chubb announced that Bill Puleo has been appointed senior vice president, head of Custom Industry Solutions for Overseas General Insurance,...
PERILS Raises Insured Property Loss Estimate for UK Storms Eva & Frank to £578M March 24, 2016 Property insurance market losses from flooding brought by UK storms Eva and Frank have risen to £578 million ($818.9 million),...
PartnerRe Appoints EXOR’s Elkann as Chairman; Clarke Named CEO March 24, 2016 By Sonali Basak EXOR SpA Chief Executive Officer John Elkann was named chairman of PartnerRe, the reinsurer that his investing firm acquired for...
Strong Reinsurer Results Hide Difficult Business Conditions: S&P, Fitch Reports March 24, 2016 By L.S. Howard Weak business conditions in the reinsurance industry are being masked by a low level of catastrophes and a high level...
Fidelis Insurance Promotes Savill to Group Chief Underwriting Officer March 24, 2016 Fidelis Insurance announced that Ben Savill has been promoted to group chief underwriting officer, subject to approval from the Bermuda...
Update: Lloyd’s Underwriter Marketform Sells UK Med Mal Businesses to Beazley March 24, 2016 Specialist Lloyd’s underwriter Marketform announced it has sold its UK Open Market Medical Malpractice and UK / International Delegated Authority...
AIR Says Brussels Attacks Have Limited Insurer Impact; FERMA Issues Comment March 24, 2016 The deadly coordinated attacks in Brussels on March 22, which killed 33 people and wounded 260. are expected to have...
London-Based Chubb Global Markets Announces Lineup of Management Team March 23, 2016 Chubb Global Markets, the London-based wholesale insurance division of Chubb, has announced the lineup of its management team. All appointments...