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As UK’s Prime Minister Theresa May signs the letter that will formally begin the UK's departure from the European Union, the insurance industry is expected to accelerate its plans to adapt their business and move operations in order to be able to service their clients within the European Union. 29 March 2017
News
Pool Re, a mutual reinsurer that provides terrorism cover for commercial property in the UK, has appointed Andrew Sean Donaldson as deputy head of risk analysis. 28 March 2017
Insurance
Suncorp, one of Australia’s largest insurers, said that it is well protected against the financial impact of Cyclone Debbie through reinsurance protection. 27 March 2017
News
Acappella Syndicate 2014 has promoted Jim Quinn to the new role of head of the reinsurance division, and Matthew Bellamy to the position of head of property reinsurance. 27 March 2017
Insurance
For European insurers, 2017 could be pivotal as the way they will respond to ultra-low interest rates, difficult economic conditions in certain regions, and political uncertainties could have a long-term effect on risk profiles and overall creditworthiness, according to S&P Global Ratings. 27 March 2017
Insurance
Hiscox's head of marine and energy, Simon Williams, has left the company, according to a spokesperson. 27 March 2017
Insurance
Lloyd’s of London suggested that insurers should work with stakeholders to make cities’ infrastructure to catastrophic events more resilient. 27 March 2017
Insurance
Property/casualty insurer Chubb has introduced its online platform for brokers and their small and medium sized (SME) and middle market clients in the UK and Ireland. 27 March 2017
Insurance
New Zealand-based credit and financial risk re/insurer CBL Corporation is set to acquire US insurer Affirmative Direct Insurance Company for $5.7 million. 27 March 2017
Insurance
Broker Willis Towers Watson has completed the acquisition of Russell Investments’ Australian actuarial practice. The transaction was first announced on February 16. 27 March 2017
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