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In an interview with Reinsurance News, William Ho, Chief Executive Officer of MS Amlin for Asia Pacific, affirmed that although reinsurance market dynamics in Asia have shifted in 2024, discipline is expected to persist as the company continues to...
Posted: Nov 28, 2024
Specialist insurance provider, CFC has announced the launch of a new comprehensive insurance solution which will provide coverage for technology and cyber risks faced by tech businesses with revenues exceeding $250 million. This new product, desig...
Posted: Nov 28, 2024
S&P Global Ratings, a provider of credit ratings, research, and analytics, maintains a stable outlook on the global cyber insurance and reinsurance industry, supported by solid underwriting profitability in 2023 and 2024, with expectations for...
Posted: Nov 28, 2024
Neil Clutterbuck has been appointed as the Chair of Pen Underwriting and an Independent Non-Executive Director of Arthur J Gallagher Holdings (UK) Limited, subject to regulatory approval. Clutterbuck brings a wealth of experience to his new positi...
Posted: Nov 28, 2024
Australian insurer QBE has appointed Jamie Kelly as its Group Chief Compliance Officer, following Ed Rainsford’s recent transition to the role of Chief Risk Officer, AUSPAC. In the new role, Kelly reports to Fiona Larnach, the Group’s Chief...
Posted: Nov 28, 2024
Independent specialist re/insurance broker Miller, has appointed Guy Pierpoint to its Marine team in a leadership role which will see him focus on business development. Pierpoint joined the broker at the beginning of the month, bringing almost fou...
Posted: Nov 28, 2024
Direct Line has unanimously rejected Aviva’s £3.28 billion ($4.16 billion) 100% acquisition proposal, stating that it does not adequately reflect the firm’s standalone value, describing the offer as “highly opportunistic” a...
Posted: Nov 28, 2024
Root, an end-to-end digital insurance platform, has announced the launch of a certified developer community programme that aims to enhance scalability, efficiency, and cost-effectiveness. The programme has been designed to support in-house develop...
Posted: Nov 28, 2024
The UK P&I Club, a provider of protection and indemnity insurance to the global shipping industry, has announced the appointment of Richard Offord as Chief Executive of its Singapore Branch, effective 1 December 2024. Offord succeeds Yiah Soon...
Posted: Nov 28, 2024
Global credit ratings agency AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Fed Re Ltd. (Fed Re) (Bermuda), with a stable outlook. According to AM Best, the ratings re...
Posted: Nov 28, 2024
This post is part of a series sponsored by Darkhorse Insurance. Having to start an agency is an exciting and rewarding venture, but it’s crucial to plan for the financial commitments involved. From initial setup costs to ongoing expenses, under...
Posted: Nov 28, 2024
With a tenure of over 25 years within the Allianz Group, Buttstedt was most recently CFO at Allianz Italy.
Posted: Nov 27, 2024
A worker activist has sued the Department of Labor (DOL) to force the release of records surrounding the deaths of three workers at New Jersey Amazon workplaces in 2022. The lawsuit says DOL’s Occupational Safety and Health Administration (OSHA...
Posted: Nov 27, 2024
Insurance Business Magazine - US
Posted: Nov 27, 2024
Modernizing Life & Annuities for Millennials Life & Health ClareCarroll1
Posted: Nov 27, 2024
The Future of CX: Synchronizing AI, Human Interaction Customer Experience ClareCarroll1...
Posted: Nov 27, 2024
Rising Car Thefts, VIN Cloning Top Concerns: CARFAX Canada Canada's rising car theft problem sho...
Posted: Nov 27, 2024
More Than Half of Workers Are Satisfied With Their Job: Survey Worker concerns about well-being are trending dow...
Posted: Nov 27, 2024
Cyberattacks cost UK businesses approximately £44 billion (US$55.3 billion) in lost revenue over the past five years, according to research published by Howden, the London-based insurance intermediary group. Half of those businesses (52%), or 1.3 mil...
Posted: Nov 27, 2024
Goldman Sachs, a global investment banking, securities, and investment management firm, has analysed the current pricing trends across the UK’s property and casualty (P&C) insurance sector, suggesting that profitable growth opportunities...
Posted: Nov 27, 2024
NEW ORLEANS (AP) — Louisiana Gov. Jeff Landry raised serious objections Thursday to a $3 billion project long hailed as key to restoring the state’s eroding coastline, decrying the growing cost and predicting dire harm to a coastal culture depe...
Posted: Nov 27, 2024
A Wisconsin man has been charged with defrauding the Federal Crop Insurance Program, the U.S. Attorney’s Office for the Western District of Wisconsin announced. Lance G. Meier, 52, Ogema, is charged with defrauding the federal crop insurance pr...
Posted: Nov 27, 2024
Near Space Labs, an aerial imagery provider for insurance applications among others, has announced the deployment of stratospheric robots across the United States, which will contribute to delivering improved aerial imagery throughout the country....
Posted: Nov 27, 2024
BRIGHTON Mich. (AP) — A tank containing byproducts from oil drilling operations exploded and caught fire Tuesday near the General Motors Proving Ground in southeastern Michigan, damaging two nearby homes but causing no injuries, a fire chief said. Fi...
Posted: Nov 27, 2024
AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Rating to “aa-” (Superior) from “a+” (Excellent) of Texas Mutual Insurance Company (Texas Mutual) based in...
Posted: Nov 27, 2024
Florida’s chief financial officer, Jimmy Patronis, whose office oversees insurance agent and adjuster licensing, along with insurance fraud investigations, plans to step down and run for Congress next year. News outlets reported that Patronis,...
Posted: Nov 27, 2024
Destructive flooding recently caused by hurricane Helene highlights an increasing flood risk for local economies and tax bases, notably across the Eastern and Southern United States, says Moody’s Ratings. However, according to analysts, as c...
Posted: Nov 27, 2024
Insurance Business Magazine - US
Posted: Nov 27, 2024
Insurance Business Magazine - US
Posted: Nov 27, 2024
Insurance Business Magazine - US
Posted: Nov 27, 2024
Arrests Made in Ring Suspected of Stealing $1M in Lululemon Clothes A Connecticut couple has been charg...
Posted: Nov 27, 2024
What Are Agentic AI Agents? Agentic AI Agents are more than just sophisticated algorithms; they are goal-oriented digital systems capable of: Autonomy, Adaptability, Goal Orientation, Context Awareness, Multi-Modal Interaction
Posted: Nov 27, 2024
Travel lines might fall under P&C. Or maybe it’s a limited line. State variations make producer licensing across states a real challenge.
Posted: Nov 27, 2024
This edition of International People Moves details appointments at the MGA Coalition and Hamilton Re. A summary of these new hires follows here. Coalition Taps Munich Re’s Foster as Head of London Markets Coalition, the San Francisco-based cybe...
Posted: Nov 27, 2024