News – Page 207
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Steve Hearn joins Brokerslink Board of Directors
The CGSC chief executive will replace Shaun Hooper
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AM Best: Italy’s quake insured losses, around 10%
Earthquake insurance penetration rates across Italy, very low at about 1 or 2%
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Qatar Re: growth and improved profitability
The company’s H1 results for 2016, strong in spite of tough conditions in reinsurance markets
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IGI: earnings rise to $19.8m for H1 2016
Net underwriting profits showed a 39% growth, as compared to the previous period
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Two new appointments for PartnerRe Board
Bilge Ogut and Nikhil Srinivasan will join the seven director Board
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6.2M earthquake hits central Italy, death toll raises to 247
70% of Italian households not prepared to face such an event
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Bermuda: Willis Re appoints new chief executive
Chris McDowell will pick up from Michael Harden, who is moving to the Asia Pacific region
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Beazley expands its environmental risk capacity
Beazley Elements consortium at Lloyd’s, behind the increased amount
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Autonomous cars: cyber as an opportunity
For the industry, driverless cars present both challenges and opportunities
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Man-made catastrophes: A perpetual emerging risk
It is impossible to anticipate every potential type of clash event, points out Aspen group chief risk officer and head of strategy Richard Thornton, but a dynamic process of scenario generation, quantification and mitigation provides a strong foundation for managing these complex exposures.
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Human-Induced seismicity, an increasing risk
Seven million people in the US, at risk from this peril
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AIR: record rainfall & flooding in Southern Louisiana
Significant property damage has affected homes, farmland, highways and commercial and industrial property
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Aspen: supply chain cyber risk
Aspen insurance global head of cyber risk Oliver Brew writes about how, with supply chains becoming more global, complex and integrated, the liability landscape is also changing
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A spotlight on the natural catastrophe protection gap
Asia Capital Reinsurance Group head of natural catastrophe underwriting Anne-Claire Serres shares her views on the topic
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Lloyd’s market, ready to deal with Insurance Act
Briefings and guides were among the measures taken to ensure full preparation