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Insurance
Following the acquisition of Bermuda-based Endurance, Sompo Japan Nipponkoa Insurance has launched a fully integrated global commercial insurance and reinsurance platform based in Bermuda, which has been named Sompo International. The new corporation will have its own board, led by John Charman as chairman and CEO, reporting to the Sompo CEO Kengo Sakurada. 29 March 2017
Insurance
Cyclone Debbie roared ashore in Queensland as the most powerful storm to strike Australia since Cyclone Yasi destroyed Queensland resorts, homes, and crops in 2011, according to catastrophe risk modelling provider AIR Worldwide. 29 March 2017
Insurance
The pressure and risks faced by insurers in Europe are increasing further in 2017, pressuring profitability and return on capital, according to China-based credit rating agency. 29 March 2017
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Liberty Mutual Insurance has appointed Susan Kostro as chief underwriting officer of its public entity division. 18 December 2015
Insurance
European mutual insurers have reached a point where they must embrace change or face possible irrelevance in the market, claims AM Best in a new report. 14 July 2016
Insurance
There have been several interesting transactions in the past six months as a number of serial consolidators have looked to take advantage of a growing desire on the part of insurers to move certain blocks of business off their books 10 May 2017
Insurance
Explaining what big data is, how it can be used and its benefits to regulators is an important issue for the property/casualty industry—not least to dispel the notion that insurers use such information to their own ends and not to benefit customers, Kurt Bock, the incoming chair of the PCI’s board, told PCI Today. 16 October 2017
Insurance
UK insurer RSA has expanded its partnership with the Africa-based insurance network Globus to five more territories in the region. 21 February 2017
Insurance
The annual MultaQa Qatar, a conference that covers the re/insurance industry in the Middle East and Northern Africa (MENA), celebrates its 10th anniversary this week in Doha, Qatar. 14 March 2016
Insurance
The Insurance Council of Australia (ICA) has declared an insurance catastrophe for severe storms that hit the east coast of Queensland and New South Wales over the weekend. 6 June 2016
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