EU Insurers Must Preserve Capital Positions as Coronavirus Crisis Escalates: Watchdog March 18, 2020 Insurance companies should take measures to preserve their capital position and be prudent about dividend and bonus payments as the...
AIR Worldwide Estimates COVID-19 Global Deaths Could Rise 10K-30K by End of March March 18, 2020 AIR Worldwide, the Boston-based catastrophe risk modeling firm, projected the number of severe cases of COVID-19 could range between 200,000...
Olympics Organizers Remain Committed to Holding Games, Despite Coronavirus March 18, 2020 By Wout Vergauwen The International Olympic Committee remains committed to holding the Tokyo Olympics this year and is confident steps taken around the...
Aspen Appoints Chidwick as Chief Financial Officer, Succeeding Kirk March 18, 2020 Aspen Insurance Holdings Ltd. announced that Kevin Chidwick has been appointed group chief financial officer, effective May 1, 2020. Chidwick,...
P/C Insurers Score Low for Innovation, While Reinsurers Do Better: AM Best March 18, 2020 By Susanne Sclafane In an initial test of its new innovation assessment scores, AM Best found that only 1 percent of rated property/casualty...
Lloyd’s Asks Market Insurers to Provide Estimates for Coronavirus Losses March 18, 2020 Lloyd’s of London has asked its member firms to provide estimates of their potential current and final losses from coronavirus,...
International General Insurance and Tiberius Acquisition Complete Merger March 17, 2020 International General Insurance Holdings Ltd. (IGI) and the special purpose acquisition company Tiberius Acquisition Corp. have completed their previously announced...
Willis Towers Watson Launches Business Aviation Community Group March 17, 2020 Willis Towers Watson announced the launch of “A Class,” a community group focused on delivering data, knowledge and solutions to...
Everest Re Restructures Risk Management Function, Naming Mango CRO, Chief Actuary March 17, 2020 Everest Re Group Ltd. announced the promotion of Don Mango to Everest Group chief risk officer and chief actuary, effective...
EU Regulators Ask Firms to Delay M&A Antitrust Filings Due to Coronavirus March 17, 2020 By Pamela Barbaglia European Union regulators have asked companies seeking to complete their desired mergers to delay submitting antitrust filings due to the...