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Across Europe, insurers spend billions of dollars every year in just claim processing costs, and they need help changing this, according to Lex Tan, founder of insurtech startup MotionsCloud. 29 September 2017
Insurance
Bermuda-based property/casualty re/insurer XL Group said on Sept. 19 that it decided to move its principal European Union insurance company, XL Insurance Company, from the UK to Ireland in 2018 in response to Brexit. 19 September 2017
Insurance
AM Best has placed under review with negative implications the financial strength rating of B- (Fair) of Standard Insurance Company, JSC (Standard) (Kazakhstan), provider of life and health, motor vehicle, fire, and liability insurance products. 1 February 2016
Insurance
India remains a land of opportunity for reinsurers—but those that collaborate and innovate will benefit the most, says Devesh Srivastava, general manager of GIC Re. 29 October 2018
Insurance
Blockchain has the potential to become a game-changing technology for the insurance industry over the long term, but there are also risks, according to Fitch Ratings. 25 April 2018
Insurance
US-based CNA, a commercial insurance provider, has announced that its executive vice president, general counsel and secretary Jonathan Kantor is set to retire after 23 years at the company. 6 April 2017
Insurance
JLT Specialty, a US subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Gavin Shiels as senior vice president. 6 April 2017
Insurance
Rating agency AM Best is holding its 2018 outlook for the global reinsurance sector at negative, citing the considerable uncertainty surrounding the level and sustainability of any market improvement. 19 December 2017
Insurance
As insurance-linked securities (ILS) become increasingly attractive to investors, there is an opportunity to support both emerging and existing lines of business if the right product is in place, Michael Krefta, CEO of Hiscox Re & ILS, told Monte Carlo Today. 13 September 2017
Insurance
The London Market Group (LMG) has reappointment Nicolas Aubert, head of Great Britain for Willis Towers Watson, as its chairman for another term. 28 April 2017
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