All News articles – Page 104
-
NewsFitch: Bermudian re/insurers raise $7.7bn of new capital
Fitch added that there had been some disappointment among carriers at the extent of reinsurance rate rises during the January 1 renewal season.
-
NewsPay business insurance claims or face enforcement, UK watchdog says
Insurers face enforcement action if they don’t pay up as soon as possible on business insurance claims following a landmark court ruling, Britain’s Financial Conduct Authority said on Friday.
-
People & OpinionAXA XL appoints Ashok Krishnan as Chief Data and Analytics Officer
Mr. Krishnan will report to Matthieu Caillat, Chief Operating Officer, AXA XL and will be based in London.
-
NewsArch Capital announces catastrophe loss estimates
Included in this range of estimates is an update to the Company’s ongoing exposure to COVID-19 global pandemic claims which are essentially unchanged from the estimate previously disclosed by the Company in its Quarterly Report on Form 10-Q for the nine months ended Sept. 30, 2020.
-
NewsJapan stands firm on Tokyo Olympics schedule, denies report of cancellation
A government spokesman said there was “no truth” to a report in the Times newspaper that the government had privately concluded the Games would have to be cancelled because of the virus.
-
People & OpinionBMS further grows treaty reinsurance offering with senior hire
BMS Group today announces that Kevin Gordon has been appointed as Senior Vice President, Treaty Reinsurance, effective immediately. Gordon will join BMS’s Chicago office, reporting to Brad Nebel, Branch Manager. This appointment is part of BMS’s continued expansion in the US treaty reinsurance market. Gordon will focus on developing and ...
-
NewsZurich warns of ‘double disaster’ as Storm Christoph batters England and Wales amid pandemic
Storm Christoph has raged through England and Wales, adding further strain on the UK as it battles the ongoing coronavirus pandemic. Some insurance industry experts, however, have stepped in to offer support, advice and a solution
-
NewsOnslaught of Covid claims expected to hit CMCs as 70% see claims registered
Research by broker Gallagher also predicts the pandemic claims uptick will cause a 40% rise in litigation compared to previous years
-
NewsAviva commercial lines MD to join Lloyd’s in newly created role
Lloyd’s of London has appointed Patrick Tiernan, currently Aviva’s managing director of UK commercial lines and global corporate and speciality, as its chief of markets – a newly created role.
-
NewsUnique Digital Infrastructure creates new connectivity in Crop Insurance
This partnership goes far beyond automating acreage and production reporting. Agents and growers will also gain access to Smart Claim, a highly intelligent tool that layers field-centric weather and imagery data with artificial intelligence, to predict the possible strike of disaster across insured acres.
-
NewsTravelers’ profit beats estimates on investment gains, fewer claims
Travelers has reported a jump in quarterly profit that beat analysts’ estimates on Thursday, helped by an increase in returns from investments and lower catastrophe claims.
-
NewsPolice discover first cannabis farm in London financial district
The City of London Police said 826 cannabis plants were found in a building near the Bank of England.
-
NewsAkinovA becomes the first new regulated Insurance Marketplace for 150 Years
Bermuda has both the largest Insurance Linked Securities (ILS) and captive insurance sector globally and boasts one of the world’s largest reinsurance markets.
-
NewsBuilding resilience against winter storms
Ensure flood plans are up-to-date and any impact from COVID-19 (eg reduced staffing) is accounted for, urges FM Global
-
News72% of risk managers responsible for reputation
As a largely uninsurable risk, risk professionals are seeking metrics to better measure, monitor and manage reputational risk
-
NewsOnus is on insurance industry to improve transparency and reduce expectation gap - CII
Expert panel says there are clear business benefits in ‘taking this bull by the horns’
-
NewsUK startup Nayms nabs £1.5 million to develop insurance for cryptocurrency
The London-based company wants to insure digital assets “through a collaboration between regulated underwriters/brokers and capital markets,” says CTO Theodore Georgas.
-
People & OpinionHamilton hires Clay Rhoades to expand US MGA
He will focus on the further expansion of Hamilton’s US specialty insurance businesses written across its group platforms.
-
People & OpinionAon CEO Greg Case named number one on annual list that celebrates businesspeople who are driving inclusion in the workplace
This marks his sixth appearance on the annual list and the first time he has been recognised as the leading ally.
-
NewsClimate change to transform renewable risk landscape
Renewable Energy Market Review January 2021 - The energy transition: risks and challenges
