Articles

Insurance

Montross of Gen Re elected RAA chair

The Reinsurance Association of America (RAA) has elected Tad Montross, president and chief executive officer, General Reinsurance, as chair of the board of directors.   1 May 2014

Insurance

Largest ever wildfire in California officially contained

The Mendocino Complex Fire, the largest wildfire in California's history, is now 100 percent contained, according to an official statement by California’s insurance commissioner Dave Jones.   20 September 2018

Insurance

California wildfire insurance losses rise to $11.4 billion

Insured losses from the November 2018 wildfires in California have been re-evaluated upwards to $11.4 billion, representing a 25 percent hike from initial figures reported by the US government’s Department of Insurance.   29 January 2019

Insurance

California Montecito mudslide claims top $421m

The Montecito mudslide in California in January 2018 has caused over 2,000 insurance claims totalling more than $421 million, according to insurance commissioner Dave Jones.   3 April 2018

Insurance

Qatar Re appoints Michael van der Straaten as new CEO

Bermuda-based Qatar Re, a subsidiary of Qatar Insurance Company (QIC), has confirmed the appointment of Michael van der Straaten as its chief executive officer (CEO).   26 April 2019

Insurance

AIG appoints Waldner as first chief sustainability officer to lead strategy

American International Group (AIG) has created a position of chief sustainability officer to lead the development and implementation of a company-wide sustainability strategy.   25 July 2019

Insurance

Aon partners with Pembroke at Lloyd’s for public protection policy

Broker Aon is collaborating with Pembroke Managing Agency at Lloyd’s to develop a Public Protection Policy (PPP) to support the victims of terrorist attacks.   27 September 2018

Insurance

Greenlight Re CEO Burton bemoans 'weak' 2018 performance as losses continue

Hedge fund-backed Greenlight Re's CEO Simon Burton admitted "weak" performance in 2018 as the reinsurer posted a loss in both its fourth quarter 2018 and full year results, but remains optimistic about the company's positioning and its value-investing strategy.   28 February 2019

Insurance

Munich Re picks insurtech CyberCube to boost cyber risk analytics

Reinsurer Munich Re has selected insurtech CyberCube's analytics platform to help quantify, model and control cyber accumulation risk.   28 February 2019

Insurance

Nail the technology basics, says conference panel

Getting the basics right is vitally important as insurance technology accelerates, according to a panel of industry experts at the Intelligent Automation in Insurance: unlocking the artificial intelligence revolution conference, taking place in London today.   26 April 2018

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