Intelligent Insurer News

Subscribe to Intelligent Insurer News feed
The latest news from www.intelligentinsurer.com
Updated: 1 hour 11 min ago

Reinsurance to cover Cyclone Debbie cost for Australian Suncorp

27 March, 2017 - 15:49
Suncorp, one of Australia’s largest insurers, said that it is well protected against the financial impact of Cyclone Debbie through reinsurance protection.

Lloyd’s Acappella Syndicate appoints head of reinsurance

27 March, 2017 - 15:37
Acappella Syndicate 2014 has promoted Jim Quinn to the new role of head of the reinsurance division, and Matthew Bellamy to the position of head of property reinsurance.

Challenging conditions in Europe test insurers’ creditworthiness: S&P

27 March, 2017 - 13:09
For European insurers, 2017 could be pivotal as the way they will respond to ultra-low interest rates, difficult economic conditions in certain regions, and political uncertainties could have a long-term effect on risk profiles and overall creditworthiness, according to S&P Global Ratings.

Hiscox head of marine and energy leaves

27 March, 2017 - 11:56
Hiscox's head of marine and energy, Simon Williams, has left the company, according to a spokesperson.

Lloyd’s calls on insurers to improve cities' resilience to catastrophes

27 March, 2017 - 10:48
Lloyd’s of London suggested that insurers should work with stakeholders to make cities’ infrastructure to catastrophic events more resilient.

Chubb launches digital platform for brokers, SMEs in UK and Ireland

27 March, 2017 - 10:47
Property/casualty insurer Chubb has introduced its online platform for brokers and their small and medium sized (SME) and middle market clients in the UK and Ireland.

New-Zealand's CBL expands to US through Affirmative acquisition

27 March, 2017 - 09:50
New Zealand-based credit and financial risk re/insurer CBL Corporation is set to acquire US insurer Affirmative Direct Insurance Company for $5.7 million.

Willis completes Russell Investments' Australian deal

27 March, 2017 - 09:45
Broker Willis Towers Watson has completed the acquisition of Russell Investments’ Australian actuarial practice. The transaction was first announced on February 16.

CNA Hardy and THB partner to offer new cyber security product

27 March, 2017 - 09:39
Specialist commercial insurer CNA Hardy, re/insurance broker THB, and cybersecurity specialist Waterfall Security Solutions have entered into a partnership to provide a new cyber security protection package for industrial businesses globally.

Life insurance loses appeal in France

27 March, 2017 - 09:03
In recent months, life insurance has lost some of its appeal as demand for bank deposit savings surpassed traditional life insurance, AM Best said in a report.

UK insurers and brokers invest heavily in IT

27 March, 2017 - 05:00
UK life insurers, general insurers and brokers intend to invest heavily in IT, including blockchain and emerging technologies, according to the latest CBI/ PwC Financial Services Survey.

Cost of volcanic eruption risk for large cities up to $30bn: Swiss Re

24 March, 2017 - 12:52
Assessing risk of over 500 active volcanoes, Swiss Re’s global volcano model calculated that large cities face total economic losses of as much as $30 billion.

Novae casualty head leaves; replacement named

24 March, 2017 - 10:59
Specialist Lloyd's insurer Novae's divisional head of casualty Bob Patten is leaving the company after two years.

Endurance promotes executive to lead cyber unit

24 March, 2017 - 10:35
Bermuda-based specialty re/insurer Endurance Specialty Holdings has appointed Brad Gow to the new role of global cyber product leader.

Chubb’s ESIS appoints PwC insurance director as senior vice president

24 March, 2017 - 10:30
ESIS, the risk management solutions division of property/casualty insurer Chubb, has appointed Todd DeStefano as senior vice president to lead its professional liability business ESIS ProClaim.

WR Berkley North Pacific names new president following transition

24 March, 2017 - 10:26
US insurer WR Berkley Corporation has appointed Christopher Rourke as president of its North Pacific business, succeeding Jeffrey Dehn who will retire following a management transition.

Re/insurers struggle to attract necessary tech-savvy talent

24 March, 2017 - 10:17
Not only is the re/insurance industry facing a shortage of talent, it is facing a shortage of the particular skills that will be required as the industry progresses into more technology-driven, forward-looking and innovative business models.

AXA reveals two key appointments in the US

24 March, 2017 - 10:16
AXA has promoted two executives, Josh Braverman and Steven Joenk, to assume new responsibilities in the company.

Chubb boosts reinsurance purchase from partially owned ABR Re in 2016

24 March, 2017 - 09:30
Zurich-based property/casualty insurer Chubb Group has bought more than twice as much reinsurance protection from ABR Re in 2016 than in the previous year.

Securing re/insurance talent for the future

24 March, 2017 - 09:06
Re/insurance roles are changing and the industry will require a more diverse and tech-savvy set of skills and new talent to tackle the challenges of this evolving landscape, but a shortage of candidates has raised concerns around how to fill the approaching gap. Intelligent Insurer investigates.

Pages

Go to top