Emerging Markets
Insurers Face Major Exposure to Climate Change Risks: Bank of England Governor
Bank of England Governor Mark Carney said UK insurers face potentially "huge" exposure to shifts in climate-change policy and Group of 20 nations need to do more to combat associated financial ...
CEO of Willis Great Britain Calls for More Industry Diversity
Willis Great Britain CEO Nicolas Aubert issued a call to the insurance/reinsurance industry to embrace diversity. Challenging the status-quo, he said the industry needs to employ a truly meritocratic ...
ACE’s Andrade to Run Post-Chubb Merger International Non-Life Business
ACE Ltd., in the final months of concluding its $28.3 billion acquisition of The Chubb Corp., has appointed one of its own to lead the company's combined international non-life insurance operations. ...
NSA Chief Questions Viability of Cyber-Weapons Treaty
Achieving a multinational arms-control treaty governing the use of cyber-weapons may be impossible because groups unaffiliated with governments wouldn't honor it, Admiral Michael Rogers, the director ...
Sub-Saharan Africa Drawing Growing Insurer/Reinsurer Interest Despite Uncertainties: A.M. Best
Sub-Saharan Africa continues to attract interest from insurers and reinsurers despite uncertainty about whether regional countries there can sustain robust levels of growth, A.M. Best concluded in a ...
Insurers Stand to Win by Marketing to Women Globally: AXA and IFC
Women will become a vital customer base for insurers in the coming years as they play an increasing role in economic growth within emerging and other global markets. That's what the French insurer ...
Beazley, Aspen and Brit Unveil Joint Cyber Consortium at Lloyd’s
Beazley has joined forces with Lloyd's syndicates managed by Aspen and Brit Global Specialty to launch the International Cyber Consortium. The consortium will focus on providing robust data breach ...
Chile Quake Caused $600M-$900M in Insured Losses: AIR Worldwide
The magnitude 8.3 earthquake that struck Chile's central coast on Sept. 16 caused between $600 million and $900 million in insured losses, AIR Worldwide said in an estimate of the destruction's ...