Articles

Insurance

QBE replaces CFO after 7 months amidst management shake-up

Australia-based QBE Insurance Group is replacing its group chief financial officer (CFO) Michael Ford who has assumed the role only in September 2017.   11 April 2018

Insurance

Tackling cyber in advancing technologies requires collaboration

The push towards digitisation and the advent of newer technologies such as driverless cars and artificial intelligence is leaving businesses more exposed to a cyber attack.   15 June 2017

Insurance

Record-breaking ILS market ripe for significant innovation

Non-life insurance-linked securities (ILS) issuance reached a record breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year. ILS assets under management (AUM) also continue to grow alongside fierce competition from investors.   1 August 2017

Insurance

Hurricane Irma to test newer participants in Florida insurance market

New companies have formed in recent years to take property/casualty risk in Florida from state-formed Citizens in a soft market and Hurricane Irma will be the first test for them, said ratings agency AM Best in a Sept. 14 report.   15 September 2017

Insurance

Aon Risk Solutions appoints new UK CEO as Tunnicliffe steps down

Aon Risk Solutions (ARS), the global risk management business of Aon, has appointed Julie Page as the chief executive officer (CEO) in the UK with effect from April 1.   7 March 2017

Insurance

Anbang Insurance Group chairman steps aside, purportedly detained

Anbang Insurance Group said on June 14 that its chairman Wu Xiaohui is stepping aside with a media outlet claiming that he has been detained.   14 June 2017

News

Target Group hires new chief financial officer

Target Group, the financial services outsourcing and software provider, has appointed Iestyn Evans as the group’s new chief financial officer (CFO).   14 June 2017

Insurance

Data breaches increase in Q1 2017: Beazley

Specialist insurer Beazley has managed an increased number of data breaches on behalf of clients in the first quarter of 2017, driven by phishing techniques.   25 April 2017

Alternative Risk Transfer

Christchurch City Council looks to ILS to boost cover; Mayor Dalziel visits EC3

Christchurch City Council is considering insurance-linked securities (ILS) to increase its insurance cover for underground assets such as water and waste pipes.   8 July 2019

Alternative Risk Transfer

Bermuda leads in ILS innovation

2017 was a record-breaking year for ILS—and Bermuda again led from the front in terms of being both the domicile of choice for the special purpose vehicles issuing ILS and a hub of innovation for new structures and risks.   28 March 2018

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