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Re/insurers should better manage results volatility caused by FX
Insurance
An increase in foreign exchange volatility in the second quarter of 2016, enhanced further by the surprising result of the UK’s EU referendum vote, has distorted the performance of re/insurance companies during the period. Making more use of hedging for foreign exchange risk could ease such distorting effects from companies’ profit and loss accounts, experts claim.   26 August 2016
Insurance
Gary Shaughnessy, Zurich Insurance Group’s CEO Europe, Middle East & Africa (EMEA) is stepping down from his role and as a member of Zurich’s executive committee in the fourth quarter of 2018.   5 April 2018
News
Hemispheric Reinsurance Group has secured the status of a Lloyd’s Coverholder underwriting general liability business under a binding authority led by Tokio Marine Kiln Syndicate 510.   23 October 2015
Insurance
SCOR Global P&C is consolidating its specialty insurance platform in the London Market as a single business platform.   9 July 2018
Insurance
Brokerage and risk management firm Integro Insurance Brokers has hired Carol Roberts to lead its global super yacht specialty offering, based in New York.   9 August 2017
Insurance
Thomas Miller P&I (protection and indemnity), a wholly owned subsidiary of Thomas Miller Holdings, has made a series of senior management changes including a new chief executive.   21 March 2018
Insurance
US-based Assurant, a provider of risk management solutions, will move closer to completing its acquisition of The Warranty Group, a provider of protection plans, for some $2.5 billion if it succeeds in completing a $900 million senior debt sale this week.   27 March 2018
Insurance
After General Electric (GE) revealed a $15 billion statutory long-term care (LTC) reserve charge over 7 years in January 2018, KBW analysts mull over potential read-throughs to the industry.   21 March 2018
Insurance
US-based LeaseLock, a new insurance technology product for the rental housing market, announced it has completed a $10 million Series A round of financing to enable expansion.   30 April 2018
Insurance
The Chartered Insurance Institute (CII) has analysed all 192 insurers, intermediaries, service providers, financial advisors and loss adjusters in the UK who have published pay gap data, and identified an average gender pay gap of 24 percent (measured as median hourly difference).   16 July 2018

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