Reinsurance
New EU Data Protection Law May Lead to Diminished Underwriting Quality: A.M. Best
Complying with the European Union's new General Data Protection Regulation is leading insurers and reinsurers to dilute the types of data they gather—something that could diminish underwriting ...
NAIC Panelist: Catastrophe Modeling Is in Demand, Well Beyond P/C Insurance
Catastrophe modeling is going mainstream, well beyond the world of property/casualty insurance underwriting. It is becoming a necessary tool as consumers and the municipalities in which they live ...
Progressive, Travelers, Chubb Among Insurers Pulling Back From Muni-Bond Market
Some of the biggest U.S. insurers reduced their holdings of state and local government bonds after the corporate tax cut took effect this year, marking a retreat by a key buyer in the $3.9 trillion ...
Executives On The Move at XL Catlin and Arch Capital Group
XL Catlin promoted two executives who will fuel expansion of its regional U.S. War, Terrorism & Political Violence Insurance team. Arch Capital Group's Arch Insurance Europe named an executive ...
Proactive Efforts Can Boost Levels of Female Insurance Executives More Quickly: NAIC Panel
The number of female executives in the insurance industry continues to rise slowly, but more should be done to quicken the pace, Lloyd's of London Chief Executive Officer Inga Beale said. "I am a ...
Brexit Still Places Millions of Insurance/Derivative Contracts at Risk: EU
There is no guarantee that Brexit won't disrupt millions of insurance and derivative contracts and it is still up to firms to take preventive measures, the European Union's financial services chief ...
Why Brussels Made Sense as a Post-Brexit Outpost for Lloyd’s of London
Lloyd's of London remains on schedule to have its post-Brexit outpost ready for business beginning in January 2019, CEO Inga Beale confirmed at the recent NAIC International Insurance Forum in ...
XL Group Execs Depart, Jobs Shift in Anticipation of AXA Acquisition
AXA SA's planned $15.3 billion cash acquisition of XL Group has spurred management change and departures at the soon-to-be-acquired company as integration plans progress. Announced in March, the ...