Global Insurers Face Hefty Claims If Coronavirus Forces Olympics Cancellation February 28, 2020 By Noor Zainab Hussain and Carolyn Cohn Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates...
UK Threatens to Walk Away from EU Trade Talks if Quick Progress Isn’t Made February 28, 2020 By Jill Lawless Britain published its opening demands for trade talks with the European Union on Thursday, delivering a blunt threat to walk...
Catastrophe Bond Prices Signal Coronavirus Nearing Pandemic Status February 28, 2020 By Tasos Vossos The World Health Organization says the coronavirus isn’t yet a global pandemic. Bonds that insure against just such a catastrophe...
Former Neon Exec Conway Joins TigerRisk’s Bermuda Reinsurance, Retro Teams February 28, 2020 TigerRisk Partners LLC, the Stamford, Conn.-based re/insurance broker, announced it has appointed Christopher Conway to a newly created senior role...
Nationwide, Generali Form Joint Venture N2G to Sell Multinational Commercial Lines February 27, 2020 Trieste, Italy meet Columbus, Ohio. Ciao! Hello! Two large insurers — Ohio’s Nationwide and Italy’s Generali — are teaming up...
AIG Taps Hancock from Lloyd’s as CEO of International General Insurance February 27, 2020 American International Group Inc. announced that Jon Hancock has been appointed chief executive officer, International General Insurance. In this role,...
AM Best Downgrades Argo’s Credit Ratings After a Disappointing Q4 February 27, 2020 By Mark Hollmer Argo Group International Holdings, already reeling from a tough 2019 fourth quarter and year, now must deal with downgraded credit...
HDI Group Takes Stake in German Cyber-Security Start-Up Enginsight February 27, 2020 HDI Group, the Hannover, Germany-based subsidiary of Talanx Group, has taken a stake in the cyber-security start-up Enginsight in Jena,...
UK Financial Services Sector Could Take a Back Seat to Fishing in EU Trade Talks February 27, 2020 By Huw Jones and Carolyn Cohn Britain will likely secure only temporary access to the European Union financial market under a broader trade deal in which...
QBE Promotes Postlewhite to Managing Director of QBE Re February 27, 2020 QBE has appointed Stephen Postlewhite as managing director, QBE Re. He will start the new role from April 1, taking...