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Insurance
Specialty insurance group Tokio Marine HCC has appointed Sharon Brock and Tom Weist as co-chief financial officers, replacing Brad Irick who has been named the next group chief executive officer of Tokio Marine Kiln (TMK). 10 October 2019
Insurance
American International Group (AIG) has appointed John Panagakis as chief executive officer (CEO) of its fixed income investment manager, First Principles Capital Management (FPCM). 10 October 2019
Insurance
San Francisco-based new life insurer Ethos, which uses predictive analytics and data technology to eliminate traditional barriers to life insurance, has expanded its executive team with the hiring of Old Mutual's Brett Wilson as the company’s first vice president of risk & actuarial. 10 October 2019
Alternative Risk Transfer
The nat cat loss experiences of 2017 and 2018 have shown the weaknesses of relying upon a standardised external model without internal enhancement through the application of expert judgement and actuarial technique. Dirk Lohmann of Schroders investigates the solutions. 9 October 2019
Insurance
Bermuda-based Argo Group International Holdings has confirmed that its independent directors are conducting a "review of governance and compensation matters" as part of its "board refreshment" process. 9 October 2019
Insurance
Bermuda-based James River Group Holdings has given notice of early cancellation of all insurance policies issued to Rasier - its largest customer and an affiliate of ridesharing company Uber Technologies. 9 October 2019
Insurance
German re/insurer Talanx, the parent company of Hannover Re and HDI, has entered into a strategic partnership with intelligent automation software WorkFusion to accelerate digitalisation in insurance claims process. 9 October 2019
Insurance
The Directors and Officers (D&O) market is losing insurers money and needs to be realigned after the number of carriers shot up over the last decade, said a leading industry player. 9 October 2019
Insurance
BMS Group has secured a long-term equity investment, which values the specialist re/insurance broker at £500 million, from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP). 9 October 2019
Insurance
US insurance brokerage and risk management firm Risk Strategies has appointed its president John Mina as new chief executive officer (CEO). 9 October 2019
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