Insurers, Tech Firms ‘Must Work Together’ to Tackle Emerging Technology Risks October 12, 2017 The World Economic Forum is bringing insurers, tech firms and governments together to find ways to tackle risks from new...
Lloyd’s Signs Deal with Artificial Intelligence Specialist, Expert System October 9, 2017 Lloyd’s of London wants to infuse artificial intelligence (AI) technology into the daily business it does with its customers. The...
Growing List of Re/Insurers Make Decisions on Post-Brexit EU Headquarters October 3, 2017 Everest Re Group Ltd. has said its Dublin-based unit has received approval from the Central Bank of Ireland to become...
UPDATE 2: Global Re/Insurers Estimate Price Tag of Q3 Hurricanes & Quakes October 3, 2017 Losses from Hurricane Maria and other recent 2017 natural catastrophes, including Hurricanes Irma and Harvey, the Mexico City earthquakes and...
Beazley Estimates $150M Earnings Hit From Hurricanes, Earthquakes September 29, 2017 By Noor Zainab Hussain Lloyd’s of London insurer Beazley said on Friday it reckoned that its losses from hurricanes Harvey, Irma and Maria in...
Update: Lloyd’s of London Reports 16% Drop in H1 2017 Profit to $1.6B September 28, 2017 By Emma Rumney and Carolyn Cohn Lloyd’s of London expects net losses of $4.5 billion from hurricanes Harvey and Irma, which analysts said would eat into...
Berkshire Hathaway’s Gen Re Plans to Expand in Indian Market September 28, 2017 By Bhuma Shrivastava General Re, a unit of Warren Buffett’s Berkshire Hathaway Inc. which won a license to open an Indian office in...
EU Regulator Warns UK Insurers to Avoid ‘Fronting’ in Post-Brexit EU HQs September 28, 2017 By Huw Jones and Carolyn Cohn London-based insurers applying for licenses to operate in the European Union after Brexit will be scrutinized for any attempts to...
Pioneer Underwriters & Lloyd’s MGA Asta Get Initial Nod to Set Up Lloyd’s Syndicate September 26, 2017 Pioneer Underwriters and Asta, the third party managing agent at Lloyd’s, announced they have received “in principle” approval from Lloyd’s...
Lloyd’s Appoints SCOR’s Mitchell-Wallace as Head of Risk Aggregation September 26, 2017 Lloyd’s, the specialist insurance and reinsurance market, announced Dr. Kirsten Mitchell-Wallace has been appointed as the head of Risk Aggregation....