News – Page 115
-
NewsAXIS Capital Q4 catastrophe and weather-related losses $198 mn combined ratio 109.6%
AXIS Capital Holdings today announced financial results for the fourth quarter ended December 31, 2020.
-
NewsAon and Willis Towers Watson announce the future leadership team
“Aon and Willis Towers Watson have a unique opportunity to create a combined firm that will make an even greater difference in the global economy and provide unparalleled experiences for our clients and colleagues,” said Greg Case, Aon CEO.
-
NewsMental health: The next crisis
Tackling mental health is not just the right thing to do, but an essential exercise in risk management, according to International SOS’ Dr Rodrigo Rodriguez-Fernandez.
-
NewsPPPs needed to insure systemic risk
Future climate and systemic risks remain a key challenge - Insurance Development Forum
-
NewsSompo International announces partnership with Flock
This partnership supports the future of unmanned aviation by increasing the availability of critical insurance needed for emerging use-cases, like drone cargo deliveries, flying taxi passenger flights and drone swarm shows.
-
NewsReuters: Aviva sets Feb deadlines for $6.6 billion disposals in France, Poland - sources
The London-based insurer, led by boss Amanda Blanc, is expected to sell its French business for about 3.5 billion euros while the Polish operations are valued at roughly 2 billion euros, the sources said.
-
NewsInsurers complicit in ransomware rise - warning
Insurers are inadvertently funding organised crime by covering ransom payments, says former NCSC chief
-
NewsCovid-19 impact on insurance recruitment revealed
Recruitment stats confirm economic impact of pandemic past year, but more optimistic picture painted for 2021
-
NewsFloodFlash pays Storm Christoph catastrophe claim in 9 hours 44 minutes
It means that policyholders can be paid their claim on the same day
-
NewsLloyd’s offers AI-enabled reputational risk cover
A group of Lloyd’s insurers are providing artificial intelligence-enabled tools to help policyholders control their corporate brand and reputation more effectively.
-
NewsBank of England told to stop buying ‘high carbon’ bonds
A group of British members of parliament said on Monday that the Bank of England should stop buying bonds from businesses whose activities accelerate global warming.
-
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.
