News
Insurance
Two-thirds of US property/casualty insurers currently use predictive models for underwriting and risk selection, an increase of over 10 percentage points compared to last year, according to a survey by Willis Towers Watson 19 April 2017
Insurance
Geopolitical instability and workforce management issues are the biggest challenges facing construction sector executives, according to research released by Willis Towers Watson. 19 April 2017
Insurance
Amid concerns that artificial intelligence could result in job losses across the industry, re/insurers speaking at an Intelligent Insurer roundtable in London aimed to suppress some of those fears by highlighting the value of AI with tried and tested examples. 13 April 2017
Insurance
Flood Re as appointed Andy Bord, currently interim CEO at Flood Re, to the position permanently, subject to regulatory approval. 13 April 2017
Insurance
If hedge fund manager John Paulson leaves the board of AIG as suggested by a media report, this would remove one of the leading advocates of splitting up the insurer, CreditSights analysts wrote in an April 12 note. 12 April 2017
News
AXIS Re, a subsidiary of Bermuda-based AXIS Capital Holdings, has appointed Michael Leahey as vice president and deputy head of catastrophe underwriting for Europe, Middle East and North Africa (MENA), and Israel to further expand its business in these regions. 12 April 2017
Insurance
The number of people in the UK covered by group risk policies increased significantly in 2016, adding 520,000 newly covered members, according to Swiss Re's latest annual Group Watch report. 12 April 2017
Insurance
The UK’s Prudential Regulatory Authority (PRA) has sent a request to the country’s largest general insurers to provide information about the impact of a range of stress tests on their projected Own Funds, as well as providing additional information on their sectoral exposures to the UK economy. 12 April 2017
Insurance
Industrial insurance company HDI Global has strengthened its US engineering lines and construction division with several hires from Generali US, AIG, Starr Companies. 12 April 2017
Insurance
XL Catlin's insurance operation has appointed Nancy Bewlay as global chief underwriting officer (CUO) of casualty with effect from April 17. 11 April 2017
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