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A joint investigation by the California Department of Insurance and US Immigration and Customs Enforcement's Homeland Security Investigations has resulted in an alleged $1.9 million scam where the suspects submitted fraudulent life insurance applications to take advance commissions from insurance companies. 23 March 2018
Insurance
A few years ago there was plenty of talk about alternative capital being a major threat to the sector and something that was going to radically transform it. That view has changed, Robert DeRose, senior director, Global Reinsurance Ratings and Greg Carter, managing director, Analytics EMEA & AP, at AM Best, told Monte Carlo Today. 10 September 2019
Insurance
Gossmann & Cie, the company formed by former DARAG chief Arndt Gossmann to develop a new capital management tool for insurers, will form a carrier on Malta by the end of the year, which will utilise the domicile’s protected cell company (PCC) regime to assume liabilities for its first clients. 10 September 2019
Insurance
The insurance arm of XL has launched an insurance solution specifically designed for fine dining and family restaurants in the US. 4 April 2014
Insurance
Broker Price Forbes & Partners has hired Jonathan Gray, the former head of global property and executive director of Beazley. 12 November 2015
Insurance
US property/casualty insurer Travelers Companies' chief financial officer (CFO) Jay Benet, who has held the position since 2002, is stepping down and will be succeeded by Daniel Frey. 8 August 2018
Insurance
Credit insurer Coface has elected François Riahi, chief executive officer of Natixis, as the chairman of its board of directors. 18 June 2018
Insurance
Specialist insurer Markel Corporation has appointed AIG's Guenter Kryszon to the position of executive underwriting officer for global property. 3 May 2019
Reinsurance
With Florida’s re/insurance market potentially just one major storm away from collapse, an Intelligent Insurer panel hammers out what needs to happen to make a real difference and, spoiler alert, Citizens is not their final answer. 2 September 2022
Insurance
Global insurers expect insurtech growth to threaten their revenues, according to a PwC survey. 29 June 2017
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