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Insurance
The Reinsurance Association of America (RAA) has reported an increase in the gross written premiums of the biggest reinsurers in the US on an aggregate basis in the second quarter of 2016 but their profits dropped in the period compared with the same period a year earlier. 24 August 2016
Insurance
The advent of artificial intelligence (AI), the Internet of Things, robotics and big data is transforming global economic systems and, in turn, revolutionising risk assessment and underwriting through the use of machine learning algorithms, Tim Yeates, managing director of Axco, told Monte Carlo Today. 13 September 2017
Insurance
Bermuda-based property/casualty re/insurer Sompo International has launched a new accident and health (A&H) insurance unit. 27 June 2017
Insurance
QBE North America, part of Australian re/insurance group QBE, has appointed Richard Friesenhahn as head of multinational for North America to promote the company's expansion of multinational services and offerings. 7 April 2017
Insurance
It might be a complex and difficult challenge for large, incumbent carriers to embrace new technology, but they must find a way to do it if they are to compete going forward, said Dylan Bourguignon, chief executive of so-sure, an insurtech company offering mobile insurance and which returns a percentage of the premium to customers if there is no claim. 24 October 2018
News
The Australian government has appointed Ian Carson and Karen Payne to the Australian Reinsurance Pool Corporation (ARPC). 19 June 2017
Insurance
Lloyd's managing agent Charles Taylor has appointed Tamer Ozmen as a non-executive director of the company. He will join the audit, remuneration and nominations committees. 19 June 2017
Insurance
JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group, has launched a new cyber insurance policy for the airline industry covering business interruption and data breach risks. 6 March 2018
Insurance
US-based provider of risk management solutions Assurant has appointed Carey Roberts to the role of executive vice president, chief legal officer and corporate secretary. 16 August 2017
Alternative Risk Transfer
Recent major loss events—Atlantic hurricanes Harvey, Irma and Maria, along with the Mexican earthquakes—represent the first big test for the alternative capital sector, Mike Van Slooten, head of market analytics at Aon Benfield, told Baden-Baden Today. 24 October 2017
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