Pandemics and Climate Change Present Opportunity for Insurers June 9, 2016 By Don Jergler The shoe may eventually be placed on the other foot for the U.S. This nation has a long-standing tradition of...
UK’s Allianz Insurance Offers Free Cyber Risk Assessment Tool for SMEs June 9, 2016 Allianz Insurance plc, the U.K. subsidiary of Allianz SE, has partnered with global cyber security consultancy, IT Governance Ltd., to...
Miller Begins Succession Plans with New CEO Lined Up for 2017 June 9, 2016 Commencing its board succession plans, London-based Miller Insurance Services LLP announced that Greg Collins will be appointed deputy chief executive...
Global Disasters During May to Cost Insurers at Least $7B: Aon Report June 9, 2016 Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires,...
Delta Lloyd to Raise $226M with Sale of Stake in Van Lanschot June 9, 2016 By David de Jong Delta Lloyd NV may raise as much as 198.4 million euros ($226 million) through the sale of its stake in...
XL Catlin Launches Team to Focus on Alternative Risk Transfer Products June 9, 2016 XL Catlin’s insurance operations has launched a new team to focus on alternative risk transfer and non-traditional insurance globally. The...
U.S. Treasury Unit Reviews Fosun’s Acquisition of Ironshore June 8, 2016 By L.S. Howard U.S. authorities are conducting a review of China’s Fosun Group’s acquisition in November 2015 of Bermuda-based insurer Ironshore. The Committee...
Tornado Hits Hamburg – Latest in Europe’s Destructive Summer Storms June 8, 2016 By Nicholas Brautlecht A tornado tore through the northeast of Hamburg on Tuesday evening, blowing off the roofs of several buildings, uprooting dozens...
Chubb Offers Package Policy for UK & Ireland Middle Market Firms June 8, 2016 Chubb has launched a comprehensive single property and liability package insurance policy for middle market businesses in the UK and...
Insured Losses from Australia’s Storms Rise to $41.6M June 8, 2016 The Insurance Council of Australia (ICA) has expanded the footprint of the latest insurance catastrophe to include the east coast...