Reinsurance
UK Supreme Court Appeal Over COVID-19 Case Now Likely
Britain's markets regulator said on Wednesday it had failed to strike a deal with major insurers over prompt payouts to small businesses battered by the coronavirus pandemic, dashing hopes that a ...
Florida Attorney Driving Thousands of Insurer Lawsuits Violated 14 Bar Rules: Judge
Embattled Florida attorney Scot Strems, who, with his firm, has filed thousands of assignment of benefit and first party lawsuits against Florida property insurers over the last several years, has ...
The Digital Normal and the Future of Work in Reinsurance
It's been said that necessity is the mother of invention. That proverb was illustrated perfectly during the insurance industry's successful scramble to conduct its business digitally at the onset of ...
Overshadowed by COVID-19; Insurance Industry M&A Takes a Pause
Insurance industry M&A activity is on a temporary break due to uncertainties created by the COVID-19 pandemic, according to a new Deloitte report. "COVID-19 has forced many insurance carriers to ...
UK Regulator Makes Wednesday Deadline for Business Insurance Claims Agreement
Britain's financial regulator said on Tuesday it had filed for an expedited appeal in a business interruption test case against insurers, but was seeking an agreement by Wednesday to avoid the ...
What the Pandemic Can Teach Us
While the pandemic has provided an entirely unwelcome education, if we choose to, we will profit from its lessons. After all, no crisis should be wasted. The first of many lessons can be attributed ...
Ascot Group Hires Former Marsh, Nationwide Executives
Ascot Group, a Bermuda-based global specialty insurer and reinsurer – hired former executives from Marsh and Nationwide in leadership roles. Marsh veteran Andy Stirk is Ascot's new Chief Commercial ...
Executives On The Move at Munich Re and Guy Carpenter
A Munich Re subsidiary has a new chief executive officer. Guy Carpenter & Co. hired an executive to fill a leadership position involving property/casualty products and services in the ...