All Global Reinsurance articles in Online – Page 141
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People & Opinion
Markel hires Adriana Belli as Managing Director, Property, Marine and Select Risk Claims Division
Markel Corporation announced today that Adriana Belli has joined the company as Managing Director, Property, Marine and Select Risk (PMSR) Claims Division. In this role, she will oversee all aspects of the PMSR Claims Division, managing a team of more than 80 claims professionals throughout the United States. “We’re excited ...
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People & Opinion
President of Chubb Canada Announces Retirement; Company Names Successor
Current President of Chubb Canada, Ellen Moore, has announced her retirement which will take effect at the end of the year. John Alfieri, Chubb’s current Executive Vice President, North America Major Accounts Field Operations, has been named President, Chubb Canada, effective immediately, subject to regulatory approvals. Ms. Moore ...
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People & Opinion
Aviva announces the appointment of Mohit Joshi and Jim McConville as Independent Non-Executive Directors of the Company with effect from 1 December 2020
Jim and Mohit bring significant experience in retail financial services and operational and IT transformation to the Board. Jim was previously Group Finance Director of Phoenix Group, where he was responsible for all aspects of the Group’s financial strategy and management and during which he led the transition programme bringing ...
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News
Claims processing start-up wins Zurich Innovation Championship 2020
Innovative work in the field of claims processing has earned ClaimFlo the Gold award in the Zurich Innovation Championship 2020
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People & Opinion
Peak Re Appoints Clarence Wong as Chief Economist
Peak Re has appointed Mr. Clarence Wong as Chief Economist effective from 16 Nov 2020, highlighting Peak Re’s commitment to strengthen its service in Asia and around the globe.
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News
Insurance solutions can help to restore mangroves as natural coastal defences
Insurance could cost-effectively help protect and restore mangrove forests, which can offer increased resilience and protect against coastal flooding, according to a report published today by The Nature Conservancy and University of California, Santa Cruz, and supported by AXA XL.The report, Reducing Caribbean Risk: Opportunities for Cost-Effective Mangrove Restoration and ...
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News
Willis Towers Watson to launch new partnership with the Wharton School’s Mack Institute
Willis Towers Watson today announced it is joining the Mack Institute for Innovation Management at the Wharton School, University of Pennsylvania, as a corporate partner.
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People & Opinion
Hiscox appoints Kathleen Reardon as CEO of Hiscox Re & ILS
Hiscox Ltd (LSE:HSX), the international specialist insurer, is pleased to announce the appointment of Kathleen Reardon as CEO of Hiscox Re & ILS, subject to regulatory approval. Kathleen will succeed Mike Krefta, who as we announced in August will be stepping down in early 2021. Most recently Chief Executive Officer ...
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News
Tesla’s release of new ‘self-driving’ software closely watched by U.S. regulator
The U.S. auto safety regulator said on Thursday it was closely watching Tesla Inc’s release of a software version intended to allow its cars to drive themselves, saying it stood ready to protect the public against safety risks.
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News
UK plans for self-driving cars threaten safety - insurance group
British government plans that could allow self-driving cars on motorways as soon as 2021 would put lives at risk because the available automated technology falls well short of human driving capabilities, UK insurance group Thatcham Research said on Friday.
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News
Political violence cover sees uptick in demand following Covid-19 pandemic – Talbot Underwriting
Businesses may be left under-prepared and under-insured as the lines are blurred for what constitutes a riot, protect, political violence or war
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News
Airmic welcomes insurer’s decision to drop appeal
“Market turns are cyclical, and underwriters should keep squarely in mind their relationships with their insurance buyers for the future”, says Julia Graham
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Analysis
Briefing: A bright future, or momentary relief for the motor market?
The impact of the nationwide lockdown earlier in the year is expected to help the UK motor market return to profit once again in 2021, but with underlying problems still dogging the market, this is only anticipated to offer temporary respite for motor insurers By insight editor Matt Scott
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News
Moneysupermarket shares down 6% amid insurance difficulties
Aggregator hit by Covid impact, with travel significantly impacted
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News
Six insurers drop High Court appeal against BI ruling for some policies
The insurers are however still contesting the ruling on some policy types
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Analysis
Briefing: Five important ways revenue-hit aggregators could react to FCA price crackdown
Aggregators are likely to take a revenue hit from FCA reforms. Here are five ways they could react and its impact on insurers and brokers.
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News
‘Nothing stopping’ resilience policy insurers paying out amid FCA test case ruling, says law firm
RSA has decided not to appeal the FCA test case ruling for its RSA4 resilience policies
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News
New reinsurer Rosh Re to set up with $600m of capital
Michael Jacobs, chief executive officer of Rosh Capital Management LP, was quoted by risk transfer website Artemis.bm as saying: “I’m delighted to have the support and backing of Ajay and his team. We are ideally positioned to create exceptional shareholder value with modest risk and volatility while diligently managing risk ...
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People & Opinion
Liberty Specialty Markets appoints new Chief Digital Transformation Officer
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Mandy Macqueen to the newly created role of Chief Digital Transformation Officer. She joins with immediate effect and is based at LSM’s London Office.
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News
AM Best assigns preliminary credit assessment to Vantage Risk
AM Best has assigned a Preliminary Credit Assessment (PCA) to Vantage Risk Ltd. (Vantage) (Bermuda) with a Financial Strength Assessment of A- pca (Excellent) and a Long-Term Issuer Credit Assessment of “a-” pca. The outlook assigned to these PCAs is stable. The PCAs reflect Vantage’s balance sheet strength, which AM ...