News – Page 118
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News
RenaissanceRe announces estimated net negative impact on Q4 2020
For the fourth quarter of 2020, the Company expects to report net income available to common shareholders; however, it expects to report an operating loss attributable to common shareholders.
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Control Risks: “Don’t miss the rebound”
Long COVID, patchy vaccine rollouts, emerging digital threats, climate change and the US China relationship are Top 5 risks for 2021
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Specialist Risk Group buys construction sector MGA
Chief executive Downey says ‘developing a market leading MGA capability is a central element of our strategy’ for 2021
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Howden to cement strategic partnership with Steadfast & with Australian retail broking launch
Howden in Australia will join Steadfast’s network - Australia’s largest general insurance platform - to leverage its scale, strength and access.
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Reuters: Zurich Insurance stresses compliance, declines comment on Nord Stream 2
Zurich Insurance Group emphasised its compliance standards on Wednesday while declining to comment specifically on the Russia-led Nord Stream 2 gas pipeline project.
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Service to measure cyber ‘human error’ risk
The Workforce Cyber Culture Assessment assesses people risk and the impact of business culture in a cyber context
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AXA XL appoints Central US Zonal Marine Product Leader
AXA XL’s US marine team announced the addition of Brett Musser as the Central US Zonal Marine Product Leader
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Allianz begins eight-year worldwide Olympic & Paralympic partnership
Allianz has officially begun its eight-year worldwide partnership with the Olympic & Paralympic Movements, building on a collaboration with the Paralympic Movement since 2006.
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Briefing: Bitcoin … rat poison squared or exciting for insurance?
Bitcoin has enjoyed huge returns, making many rich. But can insurance help in this daring new world of cyrptocurrencies
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Trust in travel insurers drops due to Covid-19 pandemic
Meanwhile motor claims reduced by 48% in Q2 2020
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New Dawn Risk’s UK division to serve ‘clear demand’ for big broker alternatives
During these challenging times, there has been a demand in the UK market for alternatives to big brokers that still have the expertise to help businesses
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Gallagher buys Bollington Wilson
International broking firm Gallagher has kicked off the first major M&A activity of the year
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Commission 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 & Opinion
Chubb 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 & Opinion
Ascot 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 & Opinion
Senior 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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Canopius 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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News
Tech 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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