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Property/casualty insurer Chubb has appointed Tim Stapleton and Helen Troman as the heads of its information technology industry practice for overseas general insurance, effective immediately. 3 April 2017
Insurance
Bernstein analysts expect US nat cat prices to increase by an average of 10 percent and US commercial property to go up by on average 5 percent as a result of insured losses caused by Hurricane Irma, Harvey and Maria. 4 October 2017
News
The reinsurance industry emerged relatively unscathed from the heavy catastrophe losses of 2017 with its shareholders’ equity increasing and its combined ratio nowhere near as bad as in 2005 and 2011 – two most recent years severely hit by cat losses. 23 April 2018
Insurance
Marine insurance provider Skuld has appointed Simone Ingeberg as the new head of Skuld Oslo 1, the larger of its two Oslo business units. 5 July 2017
Insurance
Mutual insurance association The Standard Club has partnered with Hydor, an Oslo-based managing general agent (MGA), to create an MGA joint venture that will provide marine and energy cover across Nordic markets. 24 October 2016
Insurance
Global players are facing competition from regional reinsurers in Latin America, said S&P Global Ratings analyst Pedro Breviglieri. 14 November 2017
Insurance
Blockchain has the potential to be a catalyst for innovation in many industries, including the re/insurance industry, and taking advantage of new technology is exactly what re/insurers need to do, according to Giacomo Ganz, client manager of the Americas at Allianz SE. 14 November 2017
Insurance
Insurers are struggling under the weight of the ever-evolving regulatory landscape, according to Karen Sinden, head of business development at insurtech startup CoVi Analytics. 2 October 2017
Insurance
Broker Willis Towers Watson has appointed Mei-Chee Shum as Greater China life sales and practice leader in its insurance consulting and software business. 4 July 2017
Insurance
In the absence of regulatory or rating pressure, the decision to buy reinsurance “boils down to the price and not security” in Latin America. 13 November 2017
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