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Global reinsurers have written to the European Commission (EC) to ask it to ensure mutual access between British and European Union reinsurance markets after the UK leaves the bloc due to worries about market disruption, according to extracts from a letter seen by Reuters. 26 June 2017
Insurance
US-based health insurer Anthem has agreed to settle litigation over hacking in 2015 that compromised about 79 million people's personal information for $115 million, which lawyers said would be the largest settlement ever for a data breach, Reuters reported on June 23. 26 June 2017
Insurance
Cooler waters and a weak El Niño could result in an average 2018 Atlantic hurricane season, according to a new report by rating agency Moody’s. 18 June 2018
Insurance
Specialty re/insurer Allied World Europe has appointed Darren Jacobs to the role of senior vice president, general casualty, to lead the company’s primary and excess casualty operation in London. 13 July 2016
Insurance
Barbican Insurance Group has established a new US specialty managing general agency (MGA) led by Colin Mayo, the former executive vice president and chief underwriting officer at Ariel Specialty. 16 November 2017
Insurance
The combination of continued competitive pressures, the effects of US tax reform and catastrophe losses in 2017 is leading to speculation of more mergers and acquisitions (M&A) among re/insurers in 2018, especially in the Bermuda market, says Fitch Ratings. 12 February 2018
Insurance
Sapiens International Corporation, a provider of software solutions for the insurance industry, has launched Sapiens Reinsurance at Royal and Sun Alliance (RSA) - the multi-national general insurance group. 7 March 2016
Insurance
Broker Aon has collaborated with property/casualty insurer Chubb and Lloyd’s to develop a standalone terrorism and political violence solution that addresses the demands of an increasingly regulated environment. 10 July 2018
Insurance
Insurance Australia Group (IAG) has revealed that its group general counsel and company secretary Chris Bertuch has decided to leave the company, effective Sept. 30. 10 July 2018
Insurance
Liberty Mutual Company unit Ironshore Insurance Services has formed an energy equipment facility offering property and inland marine insurance coverage for on-shore middle market classes of business in the US. 10 July 2018
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