News
Insurance
Bermuda-based Everest Re Group has appointed Christopher McKeon to lead the commercial casualty unit within the risk management group of its subsidiary, targeting upper middle market clients within select industry segments. 29 March 2017
Insurance
TimesSquare Capital Management, an institutional asset management firm with a significant stake in RenaissanceRe Holdings is suggesting that the Bermuda-based reinsurer should explore a potential sale of the company. 2 October 2018
Insurance
New York-based AmTrust Financial Services said on Sept. 5 that it entered into a quota share reinsurance contract to reduce exposure to catastrophe and non-catastrophe events related to the business of its subsidiary Republic Companies effective August 1, 2017. 6 September 2017
Insurance
Large-scale ransomware attacks, such as the ‘WannaCry’ on May 13-15, are highlighting the vulnerabilities in companies’ IT systems, which is in turn likely to increase the demand for related insurance protection. But Fitch Ratings warns insurers against aggressive expansion. 17 May 2017
News
The Reinsurance Association of America (RAA) has appointed Nicole Austin as senior vice president, federal affairs. 25 April 2017
Insurance
Allied World Assurance Company Holdings has appointed Denis Burniston as senior vice president, general casualty for Allied World Europe to lead the company’s primary casualty operation in London. 22 November 2013
Insurance
Blockchain should be viewed as a “team sport” by the risk-transfer industry as opposed to a specific technology; more a way of connecting companies and people and gaining efficiencies. 18 October 2019
Insurance
Specialty re/insurer Canopius has appointed Laurie Davison as group chief operating officer (COO) and Nigel Meyer as group chief financial officer. 14 March 2018
Insurance
Headline-grabbing mergers and acquisitions (M&A) in the reinsurance sector may do little in themselves to help firms cope with the harsh reality of falling prices and low investment returns, increasing the risk that acquisitions will not generate the value investors anticipate long term, Fitch Ratings has warned. 13 September 2015
Insurance
The global pandemic has created a real imperative for modernising the claims process, argues Ashi Bagdadi, corporate vice president, insurance for WNS, ahead of a webinar on the issue. 30 September 2020
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