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Amid concerns that artificial intelligence could result in job losses across the industry, re/insurers speaking at an Intelligent Insurer roundtable in London aimed to suppress some of those fears by highlighting the value of AI with tried and tested examples. 13 April 2017
Insurance
Neon's Syndicate 2468 has said that the strategic actions it has taken including reserve strengthening and exiting from medical malpractice and general liability classes of business will allow it to draw a line under the past after it posted more heavy losses for 2016 and its combined ratio soared. 12 April 2017
Insurance
Re/insurance broker Miller has hired Richard Boughton in a business production and broking role to further strengthen and grow its North American MGA business. 11 April 2017
Insurance
Ascent Underwriting, a specialist managing general agent (MGA) underwriting on behalf of a number of Lloyd’s Syndicates, has appointed Mark Bowers as claims director with immediate effect. 10 April 2017
Insurance
Risk modelling and analytics firm RMS has expanded its range of cyber models to include scenarios where cyber-attacks can cause physical damage to property. 6 April 2017
Insurance
Re/insurance broker Aon has appointed John Bruno to the position of chief operations officer (COO) with immediate effect. 6 April 2017
Insurance
Specialist commercial insurer CNA Hardy has appointed David Legassick as head of life sciences, technology and cyber, responsible for all international business across the company and Lloyd’s platforms. 6 April 2017
Insurance
A radiological ‘dirty bomb’ poses a major threat to the West due the accessibility of materials needed to craft it, as well as its potential multibillion-dollar economic impact, according to specialists from both UK mutual reinsurer Pool Re and Washington-based Nuclear Threat Initiative (NTI). 6 April 2017
Insurance
Chemical, biological, radiological and nuclear (CBRN) attacks represent a huge threat to large populated cities and the material is readily available to terrorists, according to Pool Re. Speaking ahead of a joint conference in London, Pool Re and the Washington-based non-profit organisation Nuclear Threat Initiative (NTI) explain to Intelligent Insurer why they are now focusing on this particular risk. 6 April 2017
Insurance
Broker Willis Towers Watson has appointed Thorsten Querfurt as the company’s new global industry leader for natural resources. 5 April 2017
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