Articles

Insurance

RSA's Turner succeeds Berg as IUMI president

Richard Turner, European director of Global Risk Solutions at RSA Insurance Group, has been elected president of the International Union of Marine Insurance (IUMI).   20 September 2018

Insurance

Tokio Marine Kiln hires Novae CFO as Dover departs

Tokio Marine Kiln (TMK) has appointed Reeken Patel as chief financial officer (CFO), replacing James Dover who is leaving the business after 12 years in the position.   18 September 2018

Insurance

Chubb appoints new reinsurance officer

Insurer Chubb has named Jeremiah Konz as executive vice president, reinsurance officer for its international general insurance business Chubb Overseas General.   18 September 2018

Insurance

Lloyd's report examines unanswered questions about AI risk liability

While artificial intelligence (AI) and robotics have helped insurers improve their operations and increase efficiency, it has also introduced new risks relating to trust, ethics, security and safety, a new Lloyd's report has suggested.   29 April 2019

Insurance

Canopy partners with 360Globalnet to streamline deposit insurance claims experience

‘Our partnership demonstrates our commitment to transparency and efficiency.’   12 November 2019

Insurance

Rapidly growing ILS market hits $93bn in 2018

The ILS market grew to $93bn of outstanding non-life capital in 2018, suggesting the market is in good health despite a quieter final quarter, according to the latest report from Willis Re.   29 January 2019

Insurance

Wilmington Trust adds to insurance collateral solutions team

Wilmington Trust has appointed Michael Ramsey as a client development officer for its insurance collateral solutions team, part of the company’s global capital markets division.   1 June 2018

Insurance

Willis Towers Watson makes leadership promotions in US

Broker Willis Towers Watson has appointed Scot Housh as regional lead for its corporate risk and broking (CRB) business in the Midwest, and Mark Vila to lead CRB for the greater Chicago market.   20 February 2017

Insurance

AIG expands pension risk business

American International Group (AIG) has expanded its presence in the pension risk transfer market after reaching agreements on the two largest plan termination transactions of 2017.   29 May 2018

News

Swiss Re in talks to sell minority stake

Zurich-based reinsurance giant Swiss Re is in talks with Japanese conglomerate SoftBank Group regarding a potential minority investment in the reinsurer, according to a Feb. 7 statement.   8 February 2018

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