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Insurance
Terrorist attacks increased 14 percent worldwide in 2016, and are affecting an ever-wider set of businesses in more countries with more diversified tactics and intent to kill, broker Aon said in its 2017 Risk Maps for Political Risk, Terrorism and Political Violence. 6 April 2017
Insurance
Re/insurance broker Aon has appointed John Bruno to the position of chief operations officer (COO) with immediate effect. 6 April 2017
Insurance
Aon Benfield, the global reinsurance broker has announced that its executive chairman Michael O’Halleran is set to retire from the business after 37 years of service. 4 April 2017
Insurance
The Insurance Council of Australia (ICA) has estimated the insured losses from Tropical Cyclone Debbie at A$306 million (approximately $231.3 million) as of April 4, 9:00 AM local time. 4 April 2017
Insurance
Risk modelling company RMS has appointed Colin Kerley as senior vice president of platform solutions. 4 April 2017
Insurance
United Insurance Holdings (UPC), a property/casualty insurance holding company, has completed its merger with Florida-based American Coastal Insurance Company. 4 April 2017
Insurance
Insurance distributors are seeking acquisitions as this is the most viable way to grow the business, according to Conning, an investment management firm for the global insurance industry. 4 April 2017
Insurance
Artificial intelligence (AI) and the internet of things (IoT) accounted for almost half of total investment in insurtech startups globally in 2016, according to consultancy firm Accenture. 31 March 2017
Insurance
Lloyd’s of London reported underwriting losses in all classes in the accident year 2016, driving the management to take action to improve underwriting quality and expenses. 31 March 2017
Insurance
A California jury has dismissed the poaching claims made by re/insurance broker Aon, and ruled in favour of insurance brokerage firm Alliant Insurance Services. 31 March 2017
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