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The expectation that interest rates are likely to be lower for longer has caused some analysts to cut their earnings forecasts for the industry. 13 September 2019
Insurance
Specialty lines insurer HDI Global Specialty SE has hired David Palmer as head of crisis management. 10 September 2019
Insurance
Bermuda-based Aspen Insurance Holdings has appointed Mary Kotch as its chief information officer (CIO) with immediate effect. She will also join the Aspen Group executive committee. 10 September 2019
Insurance
As of January 2020 American International Group (AIG) will begin to affirmatively cover or exclude physical and non-physical cyber exposures for virtually all of its commercial property and casualty insurance policies, in an effort to address market concerns around silent cyber risks. 9 September 2019
Insurance
Mergers and acquisitions (M&A) activity will continue for 2019, and into 2020, particularly in light of interest rates and abundant capital in the market, Parimah Hassouri, partner at Drinker Biddle and Reath, told Monte Carlo Today. 9 September 2019
Insurance
QBE’s reinsurance business had a “pleasing” first half year, especially with the cat exposure, according to Jonathan Parry, chief underwriting officer of reinsurance at the firm. 8 September 2019
Insurance
As Hurricane Dorian continues to threaten the southeast US coast, a credit ratings firm has identified the primary insurers that could be most affected. 6 September 2019
Insurance
Specialist reinsurance broker Capsicum Re has made four key appointments for its cyber team in London, following the recent launch of a new holistic cyber reinsurance solution, Decrypt, co-created with Swiss Re. 6 September 2019
Insurance
Global reinsurer SCOR has committed €250 million investment to its new three-year strategic plan that includes goals to enhance shareholder value, make greater use of new technologies, and generate 4-7 percent growth per year. 4 September 2019
Insurance
Motor premium revenue could fall as much as 60 percent if drivers switched to autonomous cars, which are designed to cut the number of accidents. 4 September 2019
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