Articles
Insurance
When she took the reins in January 2014, Lloyd’s CEO Inga Beale became the first woman to head the 330-year old market for specialist insurance in London. She is stepping down while the modernisation process is very much a work in progress – a decision she has called tough – though most market participants credit her with having moved the market forward in a positive direction. 29 June 2018
Insurance
Support services provider Advent Insurance Management has established a nationwide US presence through a joint venture with claims adjuster AmeriClaim. 20 August 2015
Insurance
Re/insurer Allied World has appointed Michael Garrison as senior vice president of Asia-Pacific for Allied World global markets. 22 July 2015
Insurance
Insurance assets for sale in the UK due to Solvency II and demand for acquisitions in Asia Pacific (APAC) are set to drive M&A activity in 2017, according to accounting and advisory firm KPMG. 17 March 2017
Insurance
New York-based property/casualty insurer AmTrust Financial Services has delayed its 2016 consolidated financial statements (10-K) and said that the company's 2014 and 2015 financial reports will be restated and should no longer be relied upon. 17 March 2017
Insurance
A major global cyber-attack has the potential to trigger $53 billion of economic losses, roughly the equivalent to a catastrophic natural disaster like 2012’s Superstorm Sandy, according to a scenario described in new research by Lloyd’s and cyber risk analytics modelling firm Cyence. 17 July 2017
Insurance
Zurich Insurance Group enjoyed a 20 percent rise in net profits on the back of a small rise in revenues in the first quarter of 2014 as it started to implement a strategic programme designed to streamline the business. 15 May 2014
Insurance
Sompo Canopius Re, the reinsurer formed last year to manage reinsurance business previously written separately by Canopius and Sompo Japan Nipponkoa Insurance, has revealed plans to enter new business lines. 14 September 2016
News
More awareness must be raised around the benefits of the microinsurance industry, according to Kurt Karl, chief economist, Swiss Re, speaking at a press conference in Monte Carlo at which they unveiled the company’s latest sigma report, and reinsurers should be involved in growing this market. 14 September 2015
Insurance
The director and chairman of Lancashire Holdings has decided to step down. 18 February 2016
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