All News articles – Page 107
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NewsCommission cuts are too hard to absorb for UAE’s insurance brokers
This might be good for the insured person and beneficiaries, but could force most brokers to go out of business.
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People & OpinionChubb appoints Jeremiah Konz as Chief Reinsurance Officer
Chubb today announced that Jeremiah Konz has been appointed Chief Reinsurance Officer. Currently, Mr. Konz is Executive Vice President, Reinsurance Officer for Chubb Overseas General, the company’s international general insurance business. In his new role, Mr. Konz will have management responsibility for the design and purchase of ...
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People & OpinionAscot appoints Matthew C. Kramer CEO, US Insurance
Based in the company’s New York City office, Matt will lead all facets of Ascot’s US insurance operations, with direct responsibility for underwriting performance, new product development, and oversight of the further strategic development and growth of the US platform.
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People & OpinionSenior Appointments Announced at Hamilton’s Lloyd’s Operations
Hamilton Insurance Group today announced two senior appointments in its Lloyd’s operations, Hamilton Managing Agency Limited: Trevor Ormes as Deputy Active Underwriter of Syndicate 4000 and Head of Professional Lines, and Florence Mognetti as Head of Political Risk.
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NewsCanopius Re gains Class 4 Licence
anopius Re’s status as a Class 4 company will considerably add to Canopius’s Bermuda operations
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NewsTech investors eye Africa's education and financial sectors
Governments on the continent should instead be offering incentives for tech start-ups, Abass said, due to their potential to drive up traditional businesses like insurance.
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NewsAon launches fuel price insurance product for shipping and aviation industries
Aon has announced the launch of its new fuel insurance solution, designed to help companies protect against rising fuel costs.
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NewsAon to invest $30 Million and create 10,000 apprenticeships nationwide by 2030 [US]
Aon launched its apprenticeship programme in 2012 in the UK and in 2017 in the United States, training more than 290 apprentices globally.
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News2020 warmest year on record for Europe
The Northern Hemisphere experienced above average temperatures and an unusually active wildfire season
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NewsPen Underwriting extends 30 year partnership with Zurich in new specialist fleet capacity deal
Pen Underwriting and Zurich Insurance UK have announced a new long-term UK capacity deal in the highly specialist area of hazardous industries and tanker transportation.
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People & OpinionNick Foden-Pattinson named president of Price Forbes Bermuda
Insurance executive Nick Foden-Pattinson has been appointed to a dual role by Ardonagh Specialty, part of the UK insurance intermediary Ardonagh Group.
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NewsNassau Financial Group announces $100 Million strategic investment from Wilton Re and Stone Point Credit
Nassau intends to use the new capital to execute on its organic growth plans across its insurance and asset management businesses as well as to support strategic acquisitions.
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NewsQatar insurance sector stands to gain from tourism, realty boost: S&P
’The restoration of ties between Qatar and the four Arab countries previously boycotting the country will improve political and economic co-operation within the GCC region,” the credit rating agency said.
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NewsQBE hikes catastrophe allowance by 24% after extreme weather
Premiums could rise after insurer QBE increased its allowance for catastrophic weather claims by almost a quarter following a year of unprecedented weather events in Australia and the United States.
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NewsNorway Landslide Insurance Bill Tops $100 Million
Insurance companies face costs of at least 900 million Norwegian kroner ($107 million) following the tragic landslide in Eastern Norway that is believed to have claimed ten lives.
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NewsIndonesia says divers closing in on black boxes from crashed jet
The Boeing 737-500 jet was headed on a domestic flight to Pontianak on Borneo island, about 740 km (460 miles) from Jakarta, before it disappeared from radar screens four minutes after take-off and crashed into the Java sea.
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NewsTravel insurance sector set to face more upheaval in 2021 warns IPP boss
The uncertainty that has accompanied the Covid-19 pandemic has put the travel industry into a huge amount of debt, and it could get a lot worse
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