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American International Group (AIG) has appointed Tom Parker as deputy chief information security officer, responsible for developing and leading the execution of AIG’s global cybersecurity risk management strategies. 15 July 2019
Insurance
Bermuda-based Everest Re Group, has appointed Joshila Tailor as the global head of fine art and specie for Everest Insurance International, which includes Everest Insurance Ireland and Lloyd’s Syndicate 2786. 15 July 2019
Insurance
UK insurers will be “hugely disappointed” as the injury damages rate, the Ogden discount rate, was set at minus 0.25 percent today to come into force on August 5, 2019. 15 July 2019
Insurance
AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has launched a Series B investment round to fuel its expansion plans. 15 July 2019
Insurance
Flooding hit Louisiana and parts of Mississippi on Sunday 14 July after Hurricane Barry came ashore on Saturday 13 July bringing intense rain. 15 July 2019
Insurance
Mercer, a wholly-owned subsidiary of Marsh & McLennan Companies, has entered into a five-year partnership with longevity analytics firm Club Vita. 15 July 2019
Alternative Risk Transfer
Corporate social responsibility has changed aspects of the risk transfer industry over time, but it is now becoming more important than ever for re/insurers to understand its wider consequences, Laurent Montador of CCR tells Intelligent Insurer. 15 July 2019
Insurance
Rating agency Moody's has withdrawn the Baa1 insurance financial strength rating of Genworth Financial Mortgage Insurance (Genworth Australia) due to "insufficient information". 15 July 2019
Insurance
Parametric insurance and smart contracts technology could help insurers increase efficiency and improve customer experience, finds new reports by insurance and reinsurance marketplace Lloyd’s of London. 15 July 2019
Insurance
Two in five insurance businesses in the life and non-life insurance sectors have emerged in less than a decade, since 2010, according to a study of Companies House data by digital home insurer Policy Expert. 12 July 2019
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