All News articles – Page 212
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NewsAllianz to acquire Sri Lanka-based Janashakthi General Insurance
The firms expect the deal to complete in first quarter of 2018
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NewsWillis Re reports record-breaking insurtech investment year for (re)insurers
Reports show 2017 to be highest on record for technology investments
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NewsTransformative tech is outrunning risk awareness, EY study warns
Forensic data analytics and AI tech bring risks as well as transformation, a new report from consulting firm EY cautions
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NewsChubb announces Borja as new Iberia boss
The insurer’s new country president for Spain and Portugal joins from Allianz Colombia
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NewsUK cyber security chief warns that a major attack is inevitable
The head of the UK’s National Cyber Security Centre says Britain is “fortunate” to have avoided a major attack already
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NewsBerkshire Hathaway, Amazon and JP Morgan Chase join forces to launch healthcare company
The trio will offer services to their US employees
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NewsFailure of a top cloud-service provider could cost US economy $15bn
According to a Lloyd’s and AIR Worldwide report, businesses in the US could lose $15bn if a leading cloud service provider was to experience three days of downtime
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NewsIFRS 17 could prove as costly as S2 for global insurers
The new global accounting reporting standard for insurance contracts are set to have large-scale financial impact
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NewsAon Benfield: 2017 costliest year on record for weather disasters
Hurricanes Harvey, Irma and Maria played significant part in tipping the scales
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NewsTackle cyber risk now, and IoT next - Trevor Maynard
The Lloyd’s head of innovation dubbed the Internet of Things the emerging risk to watch
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NewsTsunami warning for US west coast amid federal shutdown disruption
Despite the lifting of the shutdown, vital federal functions still closed
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NewsAIG to buy Validus Holdings for $5.56bn
The deal is the first with Brian Duperreault at the helm
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NewsMunich Re drone partnership in line with tech aspirations
With ’executives in nearly all global innovation hubs’, Munich Re demonstrates its intentionst to harness insurtech
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NewsRenaissanceRe acquires minority shareholding in Catalina
The transaction between the two Bermudian firms will close alongside majority acquisition of Catalina by Apollo Global Management
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NewsReinsurance market shows resilience against 2017 losses, Guy Carpenter reports
Capital growth was noted by Guy Carpenter in year-end estimates
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NewsAmazon hits back over Lemonade claims it is trying to “poach” staff
Amazon denies claims by US insurance start-up Lemonade, which is an Amazon Web Services user, that it is trying to “poach” its staff
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NewsJLT Re appoints new Asia Pacific chief executive
New JLT Re Asis Pacific CEO to start in February
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NewsInsurers urged to act amid new EU tech rules threatening huge disruption
Companies can now get hold of customers’ financial information and build products
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NewsCNA Hardy hires Luxembourg head
New Luxembourg chief executive will build CNA Hardy Europe operation
