Content from L.S. Howard
Norsk Hydro Credited With Quick Response to Cyber Attack Despite Unrelated Upheaval: RMS
When Norsk Hydro, one of the world's largest aluminum producers, was hit by a major cyber attack in the early hours of March 19, it was already undergoing a major upheaval: just the day before the ...
UK Specialty MGA Nexus Buys an MGA and a Broker
UK specialty managing general agent Nexus Group lived up to its description as an "acquisitive insurance intermediary holding company," with the purchase this week of an MGA and an insurance broker. ...
AIG Will Depart Individual Personal Lines Business in Canada
American International Group has decided to stop underwriting new policies in its individual personal insurance lines of business in Canada, namely auto and homeowners. "We continually review our ...
Hannover Re Debuts Match-Making Service for InsurTechs and Insurers
Insurtech companies across the globe have created an abundance of innovative solutions and services that span the insurance value chain. However, the challenge for both insurers and insurtechs is how ...
Lloyd’s Comments on Reports of Rampant Sexual Harassment
In the era of #MeToo when the ills of sexual harassment are regularly in the news, a recent article published by Bloomberg Businessweek indicates that some men working in the London insurance market ...
AXA XL’s McGavick Looks Ahead to ‘The Golden Age of Insurance’
Mike McGavick's turnaround experiences have led him to think carefully about changes that are needed for the insurance industry. "First, cost has got to come down. It's absurd that approximately 60 ...
Thinking Past the Obvious: Former CEO of XL Group McGavick Looks Back
The former chief executive officer of XL Group, Mike McGavick, admits that frequently during his career he has taken on leadership roles that some of his contemporaries considered too hot to ...
QBE Rebounds in 2018 With $715 Million Cash Profit
QBE Insurance Group took another step in its quest to achieve strong results, consistently, by reporting a cash profit after tax of $715 million during 2018, a significant improvement on the cash ...