Reinsurance
China Re Reportedly Explores Establishing U.S. Arm
China Reinsurance Group Corp said on Wednesday it will carefully consider its plan to set up a business entity in the United States, based on its global strategy and the implementation of Sino-U.S. ...
April Reinsurance Renewals Went ‘Smoothly’ Even as Underwriters Worked From Home
Reinsurers were able to complete the April renewals smoothly, despite being forced to move to the new working-from-home model after the COVID-19 outbreak, according to Willis Re. "The global ...
Munich Re Withdraws Profit Guidance, Pauses Share Buybacks Due to Coronavirus Strain
Munich Re said its property/casualty reinsurance segment is facing considerable strain due to the coronavirus pandemic, largely because of losses connected to widespread cancellation and postponement ...
P/C Insurance Industry Supports New Government Fund to Help Businesses, Workers Harmed by Coronavirus Crisis
The property/casualty insurance industry has joined a broad business coalition in supporting and crafting a new federal relief fund for businesses and workers affected by the quarantine and ...
Executives On The Move at AGCS and Willis Re
Allianz Global Corporate & Specialty named its first-ever Chief Data Officer. A Willis Re executive is taking on a new job for the company in North America. *** Ali Shahkarami is the new Chief ...
From Free Coverage to Masks, P/C Insurers Try to Alleviate Coronavirus Pressures
While the property/casualty insurance industry is fighting attempts to force it to pay for the huge business income losses that it says most policies were never intended to cover, some individual ...
Lloyd’s Underwriters Say Hello to Working at Home
Thousands of London's underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won't need them. Working at home due to the coronavirus ...
New Argo Group CEO Rehnberg Aims for Transparency and Straight Shooting
Argo Group had been under fire for months over allegations that its board spent excessively on executive compensation when Kevin Rehnberg became interim CEO in November 2019. Three months later, ...