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Insurance
The reinsurance program provides coverage up to $1.2 billion for earthquake events. 2 January 2020
Technology
Underwriting application programming interfaces (APIs) make it possible to close and remarket much more business than before, aiding customer retention and helping carriers and brokers triage and boost volumes together. This is never more important than in today’s hardening market. 17 May 2021
Insurance
In the absence of management actions, P&C (property/casualty) insurers' profits will fall on average by 10 percent to 20 percent in three years, which represents a cumulative decline of €3-5 billion, according to Moody’s. Life insurance profits will generally decline at a slower pace. 15 November 2016
Insurance
Liberty Mutual Insurance has appointed Debbie Michel as executive vice president (EVP) and general manager of its national insurance casualty unit, which provides general liability, commercial auto and workers compensation coverages and services. 7 October 2015
Insurance
The Insurance Development Forum (IDF), a partnership of the World Bank Group, the United Nations Development Programme, and global insurers, has appointed Denis Duverne as chair of its steering committee, succeeding Stephen Catlin. 26 September 2018
Insurance
Bermuda-based Aspen Insurance Holdings has hired Lloyd’s executive Joshua Brekenfeld as director of global corporate development. 19 June 2019
Insurance
Mitsui subsidiary MRS will develop an Asia-based global re/insurance broker. 2 January 2020
Insurance
Bermuda-based Everest Re CEO Dominic (Dom) Addesso has explained how the reinsurer miscalculated the cat losses from 2018 which made the company issue a profit warning for its second quarter 2018 results. 1 August 2018
Reinsurance
Re/insurers can start small but should think big to see real change in their organisations. A focus on specific areas to achieve real change needs to be combined with a willingness to question fundamental assumptions. 27 July 2022
Insurance
The solution can help speed up the resolution of personal injury claims. 15 November 2019
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