Articles

Insurance

CII launches initiative to develop UAE insurance industry

The Chartered Insurance Institute (CII) has partnered with the insurance authority of United Arab Emirates to establish an education programme in Abu Dhabi to boost professionalism in the UAE insurance sector.   13 March 2017

Insurance

BMA revokes licence of broker Intrepidus after ‘serious’ breaches

Intrepidus Insurance Services, a Bermuda insurance broker, has had its registration to operate revoked by the Bermuda Monetary Authority (BMA) following an investigation triggered by a complaint against the company.   4 July 2018

Insurance

Barbican appoints underwriting director from Mitsui Sumitomo

Barbican Protect, the UK insurance arm of Barbican Insurance Group, has appointed Martin Eyres as underwriting director.   8 March 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

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

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

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

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