‘Brexit’ Would Risk Economy & Jobs, Caution 200 Executives in Open Letter February 23, 2016 The bosses of a third of Britain’s biggest companies warned on Tuesday that an exit from the European Union would...
Hiscox Launches E-Trading System for U.K. Commercial Brokers February 22, 2016 After a successful pilot, Hiscox has launched Hiscox Trader, a new e-trading solution for U.K. commercial insurance brokers in partnership...
British Corporate Leaders Will Likely Vote to Remain in EU: UK Business Groups February 22, 2016 By Jill Ward British corporate leaders will likely vote for the U.K. to remain a part of the European Union, according to lobby...
Everest Appoints Downey as Deputy Chief Underwriting Officer February 22, 2016 Bermuda-based Everest Re Group Ltd. announced that Christopher Downey has been named deputy chief underwriting officer. Downey joins Everest from...
Risk Accumulation Aggravated Zurich’s Tianjin Port Explosion Losses: Chairman February 22, 2016 By Katherine Chiglinsky and Lily Katz Zurich Insurance Group AG is fixing how it detects risks after miscommunication among units aggravated losses from a port explosion...
Fiji’s Strongest-Ever Cyclone Flattens Entire Villages; Death Toll Rises February 22, 2016 By Emma O'Brien The death toll from the strongest tropical cyclone ever to hit Fiji climbed to at least 20 as aerial surveillance...
Capital Adequacy Is Key Strength of Reinsurers in Difficult Market: S&P February 22, 2016 By L.S. Howard Strength of capital and good enterprise risk management are two of the main reasons the global reinsurance industry will be...
UK’s Aviva Beefs Up Fraud Screening in Commercial Motor Business February 19, 2016 Aviva detected fraud in almost 2,200 commercial motor policies in 2015, using various anti-fraud tools, the London-based insurer revealed. But...
What Will ‘Brexit’ Mean for London’s Financial Center? Some Questions Answered February 19, 2016 By Liam Vaughan and John Glover The U.K.’s looming in/out referendum on European Union membership, which may come as early as June, has sparked jitters, with...
Allianz, AXA & Sompo to Distribute Products Across Asia via CIMB Bank Branches February 19, 2016 By Jonathan Browning, Joyce Koh and Komaki Ito Allianz SE, AXA SA and Sompo Japan Nipponkoa Holdings Inc. made final bids for the rights to distribute their general...