News – Page 83
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NewsAXA XL Partners with Cambridge Centre for Risk Studies to Launch Online Disaster Recovery Hub
A new online Disaster Recovery Hub comprised of more than 100 major disaster case studies, and covering different events in different locations, has been launched by the Cambridge Centre for Risk Studies at Cambridge Judge Business School in partnership with AXA XL to help with such guidance.
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NewsAon Appoints Jillian Slyfield as Chief Innovation Officer
Aon today announced the appointment of Jillian Slyfield as the firm’s Chief Innovation Officer, effective Dec. 1, 2021. Slyfield, who is based in San Francisco, will report to Aon CEO Greg Case and join the Aon Executive Committee, which is responsible for executing on the firm’s Aon United Blueprint.
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NewsSwiss Re and Chinese tech giant Baidu partner to advance the ecosystem of autonomous driving
Russell Higginbotham, CEO Reinsurance Asia & Regional President Asia, said: “Our partnership with Baidu is a milestone in Swiss Re’s efforts to access new risk pools and close the protection gap through Swiss Re’s risk management expertise and innovation capabilities.
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NewsGenerali enters exclusive talks to buy Credit Agricole Unit
Generali and Crédit Agricole Assurances today announced that they have entered into exclusive negotiations for the acquisition of La Médicale, Crédit Agricole Assurances’ insurance subsidiary for healthcare professionals.
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NewsAviva’s head of cyber insurance set to join Lloyd’s
Insurer Aviva’s current head of cyber insurance Neil Arklie has announced that he will be leaving the business to join Lloyd’s of London, effective January 2022.
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NewsGlobal supply chains tested "like never before"
COVID-19, cyber risk and port backlogs are among six key facets of current global supply chain strain - FM Global
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NewsGaps remain in SME risk management
UK firms continue to worry about Brexit and identify COVID-19 or a new pandemic as top critical external risk, finds Marsh
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NewsThe great geopolitical repositioning
In 2022, the world will start to spin differently thanks to a new global geopolitical order
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NewsCMA halts investigation into Gallagher’s purchase of WTW’s treaty reinsurance broking business
The UK’s competition watchdog, the Competition and Markets Authority (CMA), has today (22 November 2021) approved Arthur J Gallagher’s planned acquisition of Willis Towers Watson’s (WTW) treaty reinsurance business.
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NewsMarsh McLennan conducts executive committee reshuffle
Professional services firm Marsh McLennan has reshuffled its executive committee, confirming that John Doyle – the firm’s current president and chief executive of Marsh – has been promoted to group president and chief operating officer of Marsh McLennan.
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NewsAviva gearing up to launch Lloyd’s syndicate
The insurer has been undertaking a restructuring exercise at a group level, dismantling parts of its international operations under the leadership of group chief executive Amanda Blanc.
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NewsBloomberg: AIG, underwriters lean on reinsurance with prices poised to jump
AIG and other insurers avoided steep losses from a spate of extreme weather this year thanks in part to the reinsurance industry. But increased reliance on those policies probably means price hikes are coming.
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NewsSwiss Re: World insurance market set to exceed USD 7 trillion in premiums for the first time
Swiss Re Institute’s latest sigma study forecasts the global insurance industry to reach a new record in global premiums by mid-2022, exceeding USD 7 trillion.
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NewsSIRC2021: Insurance industry is ‘an important partner’ for Asia’s economies – Singapore finance minister
The insurance industry is an important partner for Asia when it comes to the transition to a low carbon economy, according to Laurence Wong, minister of finance at the Monetary Authority of Singapore, the country’s central bank and financial regulatory authority.
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NewsBrexit continues to be a major concern for businesses – Aviva
Its latest Risk Insight Report 2021, published this week, found that 25% of businesses believe Brexit is one of the largest risks they face - company leaders ranked it as the fourth biggest risk on their agenda.
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People & OpinionGallagher appoints new managing director for Rentguard
Gallagher has appointed Adam Finch as managing director of landlord and property specialist broker Rentguard.
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NewsIncoming Hiscox chief exec plans to build on broker relationships and boost digitisation
Hiscox group chief financial officer Aki Hussain is set to take the leadership reins from current chief executive Bronek Masojada on 1 January 2022.
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People & OpinionWTW appoints new global head of broking from Aon
Willis Towers Watson (WTW) has appointed Hugo Wegbrans as global head of broking and broking strategy within its risk and broking business segment.
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NewsDIFC Insurance community expands with Gen Re establishing Middle East presence in the centre
Second insurer owned by Berkshire Hathaway Inc. to expand its presence in the region; strengthens DIFC’s position as a centre of excellence for insurance and reinsurance locally and globally
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NewsInsurers to increase technology spend post-Covid – BlackRock
Nearly two-thirds of insurers are looking to increase their spend on technology over the next two years following accelerated digital transformation driven largely by the Covid-19 pandemic, according to research by investment management firm BlackRock.
