Zurich Prepared to ‘Walk Away From Some Risks’ to Improve Performance February 3, 2016 By Jan-Henrik Förster and Jeffrey Vögeli Zurich Insurance Group AG is “prepared to shrink” some of its businesses after being caught off guard by the scale...
Cobalt, Chaucer Offer 1st Lloyd’s Shariah Compliant Political Violence Cover February 2, 2016 Shariah compliant managing general agent Cobalt Underwriting has launched a new political violence product backed by Chaucer. Cobalt, the London...
Mitsui Sumitomo Insurance Completes Acquisition of ‘MS Amlin’ February 2, 2016 Lloyd’s of London insurer Amlin plc announced the completion of its acquisition by Mitsui Sumitomo Insurance Co. Ltd., a wholly...
Chubb Completes Senior Management Team for European Region February 2, 2016 Chubb has announced a group of appointments with immediate effect, which complete the line-up of its new European leadership team....
UK Firms ‘Can’t Afford to Ignore’ Cyber Risks, One of Top Business Threats: PwC February 2, 2016 UK companies and institutions remain vulnerable to cyber attacks despite the fact that many CEOs now rank cyber as one...
Marsh Appoints Powell as Claims Advocacy International Leader February 2, 2016 Marsh has appointed Rob Powell as Claims Advocacy International leader, effective immediately. Based in London, Powell will report to Michael...
Willis Re Joins with Tech Firm, Measure, to Raise Drone Usage for Insurers February 2, 2016 Willis Re, the reinsurance business of Willis Towers Watson, announced a strategic partnership with technology company Measure to advance the...
Hyperion Unit, RKH Specialty, Acquires UK Surety Broker, PMG February 1, 2016 Specialty lines broker, RKH Specialty, part of the Hyperion Insurance Group, has acquired the UK’s largest independent specialist Surety broker,...
Marsh Appoints Davies as Global CEO of Bowring Marsh February 1, 2016 Marsh announced with immediate effect the appointment of Tom Davies as global CEO of Bowring Marsh, Marsh’s international wholesale placement...
Asian, LatAm Financial Wage Rises Set to Outpace North America, Europe February 1, 2016 Financial services salaries are set to rise by 4.3 percent in both Asia and Latin America this year, almost double...