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Climate change challenges the use of historical data for risk modelling
Insurance
The world’s changing climate calls into question the usefulness of historical data and raises the need for increasingly technological data solutions, Stephen Netherway, partner at Devonshires law firm told Monte Carlo Today.   11 September 2019
Aon, Munich Re Digital Partners join Insurtech UK alliance
Insurance
Insurtech UK, an alliance of insurtech startups joined by associate members of the insurance industry and service partners, has added broker Aon and Munich Re firm Digital Partners as associate members.   10 September 2019
Marsh appoints Smith to lead UK aviation and aerospace business
Insurance
Broker Marsh has appointed Andy Smith as chairman and CEO of its UK aviation practice within Marsh JLT Specialty.   10 September 2019
Insurance
Bermuda-based Aspen Insurance Holdings has appointed Mary Kotch as its chief information officer (CIO) with immediate effect. She will also join the Aspen Group executive committee.   10 September 2019
Insurance
Specialist re/insurance broker BMS Group has appointed Gregg Holtmeier as chief strategy officer of its US reinsurance operations, based in San Francisco.   10 September 2019
Insurance
The United States-Mexico-Canada Agreement (USMCA) deal will lead to the improvement of financial products and help make it possible for the under-insured population to gain access to the financial system.   10 September 2019
Insurance
“The whole market wants Lloyd’s to succeed and it is widely recognised that Lloyd’s unique attributes are more relevant than ever today. We are not underestimating the size of the challenge ahead of us,” Daniel Revilla, head of Latin America at Lloyd’s, told FIDES Today.   10 September 2019
Insurance
Reinsurers in Latin America face many challenges, but the best companies will turn these into opportunities and ultimately thrive, says Bruno Krenboeck of Axis Re.   10 September 2019
Insurance
As the reinsurance industry and the risks it manages become ever more complex, collaboration will be increasingly important to reinsurers’ success, Eric Schuh of Swiss Re told Monte Carlo Today.   10 September 2019
Insurance
Pro Global says it will manage at least 10 managing general agents (MGAs) by the end of the year, a 25 percent increase on the eight it currently manages.   10 September 2019

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