All News articles – Page 100
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NewsAviva to sell entire Vietnam shareholding
The move adheres to Aviva’s strategy to focus on its UK, Ireland and Canada markets
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NewsFCA launches consultation to determine how to prove Covid-19 presence for BI claims
The regulator wishes to be prepared should the Supreme Court agree with the High Court’s judgment
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NewsRise in cryptojacking could potentially hit insurers’ bottom lines – Guidewire’s Matt Honea
Cryptojacking is on the rise but massively under-reported, Guidewire’s director of cyber security tells Insurance Times why insurers should be aware of this emerging risk
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NewsArcadia collapse alludes to danger of trade credit fallout – Nimbla
The insurance invoice firm says Arcadia is ’just the tip of the iceberg’ and that ’many more defaults can be expected in 2021’
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NewsBroker-led campaign urges government to underwrite a Covid-19 contingency insurance product
The ‘Let Live Thrive’ initiative is seeking an insurance solution to enable live events to take place again next year
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NewsReuters: French insurer Macif steps up efforts to buy Aviva’s French arm - sources
French insurer Groupe Macif has stepped up efforts to buy Aviva’s French arm in a deal worth about 3 billion euros after an Allianz-led consortium bowed out amid firm resistance from French unions and local partners, sources told Reuters.
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NewsAegon to sell non-core and more volatile operations, cut costs, reduce debt
Aegon shares have fallen 42% over the past 5 years as it struggled to maintain adequate solvency.
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NewsSwiss Re Institute - Power up: insurance-backed investment to fuel sustainable growth in Africa
Insurance will be a key facilitator for investments in renewable energy technologies to meet Africa’s power needs and kick-start growth after this year’s recession.
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NewsA dangerous new era of civil unrest is dawning in the United States and around the world
As socioeconomic fallout from COVID-19 mounts, we expect the ranks of global protesters to swell over the next two years and unrest to sweep across developed, emerging, and frontier markets alike.
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NewsTerrorism: West Africa a new hotspot
Increased instances of human rights violations by security forces pose a major reputational risk for some firms
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NewsAXA XL promotes Rose Hall to newly created role as Head of Construction Innovation
AXA XL’s North America Construction insurance business has promoted Rose Hall, P.E., formerly head Strategic Operations Manager for Construction Risk Engineering, to the newly created role as Vice President, Head of Construction Innovation, reporting to Gary Kaplan, president of AXA XL’s Construction insurance business. Commenting on the appointment, Mr. Kaplan ...
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NewsGlobal (re)insurance: capitalisation strong but low interest rates continue to weigh
Willis Re’s Strategic and Financial Analytics teams continue to monitor the financial impact on investment markets and global reinsurer capital positions.
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NewsSMEs are ‘most vulnerable’ to cyber attack
Cyber criminals consider SMEs a ‘sweet spot’ due to their lack of security controls and poor cyber hygiene
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NewsFrench insurers to freeze premiums for sectors hardest hit by virus
Under pressure from Le Maire, insurers faced the prospect of being hit by a 1.2 billion euro ($1.45 billion) tax if they did not offer to keep premiums steady next year.
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NewsVantage Announces Launch
Vantage has been formed following years of increased loss activity in the insurance industry and will utilize industry-leading talent and technology to underwrite business where existing capacity is shrinking.
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NewsAM Best Maintains Global Reinsurance Market Outlook at Stable
The COVID-19 pandemic has added more uncertainty to a segment that has experienced increased loss activity in recent years. As a result, reinsurers’ ability to rely on favorable prior-year reserve development has been diminishing steadily.
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NewsZurich and Plum Underwriting forge £150m capacity deal for non-standard home products
The insurer is replacing current capacity from Lloyd’s
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NewsMore than 50% of brokers have experienced a mental health issue in the last 12 months
Heavy workloads and dealing with regulation are flagged as two key causes of broker stress
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NewsAviva announces new chief executive of international position
Insurer Aviva has appointed Adam Winslow in the newly created role of chief executive of international, to oversee Aviva’s operations in continental Europe and Asia.
