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“Already a few things about Irma are self-evident, and that’s without knowing if it will hit Tampa,” Tad Walker, CEO property/casualty at PartnerRe, told Monte Carlo Today. One of these, he said, is that it could cause some hardening of US property rates. 12 September 2017
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Insurtech, new risks and the growing involvement of the capital markets are all making the re/insurance industry more attractive to young people—and they look increasingly important to its future. Intelligent Insurer interviews and profiles a number of young executives who are tipped by their employers for success within the sector. 15 June 2021
Insurance
UK life insurers are feeling more optimistic than they did three months ago, reporting strong volumes of business in the three months to September, according to the latest CBI/PwC financial services survey. 25 September 2017
Insurance
US-based Ryan Specialty Group (RSG) has formed its first specialty financial lines managing general underwriter (MGU) focused on Latin America, and has hired Pascal Alvarez and David Gonzalez to lead the operation. 11 July 2017
Insurance
American International Group (AIG) has appointed Tata Group's Shane Fitzsimons to join the company as global head of shared services, a newly created role that establishes a single point of accountability for key operational and financial capabilities provided by businesses and functions across the organisation. 28 June 2019
Insurance
The General Data Protection Regulation (GDPR), which is set to come into effect in the UK on May 25, 2018, is driving good reporting behaviour as businesses become increasingly digitised and the reporting of data breaches becomes mandatory. 14 June 2017
Insurance
Wang Yincheng, former president of the state-owned People's Insurance Company of China (PICC), has pleaded guilty in a trial on the charge of accepting bribes, according to an April 16 report by the country’s official press agency Xinhua. 19 April 2018
Insurance
PIB Insurance Brokers has entered into an agreement to acquire Carmichael & Partners, an Aberdeen-based general insurance broker specialising in in the delivery of bespoke professional services to businesses in Aberdeen and North of Scotland. 1 November 2016
Insurance
London insurance market based consultancy r10 Consulting has entered into a strategic partnership with Alchemy Technology Services, a Northern Ireland-based insurance technology provider. 8 November 2018
Insurance
AmTrust E&S Insurance Services, a wholly-owned subsidiary of AmTrust Financial Services, has launched a new excess casualty underwriting division based in Los Angeles. It will be led by Jeff Lynn, who joins from Everest Re. 24 September 2019
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