Reinsurance
Hamilton Re’s Lefebvre Is Departing, Will Help Consult During Transition
Claude Lefebvre, a founding member of Hamilton Re, is leaving his job. Lefebvre, chief underwriting officer, partnerships & casualty reinsurance, is departing the Bermuda platform for Hamilton ...
Insurers, Banks to Get Brexit Update From Bank of England
The Bank of England said it would update banks and insurers next week on its approach to Brexit given that Britain and the European Union have now adopted a transition deal. "The Bank of England ...
Attritional and Catastrophe Losses Hammered Lloyd’s 2017 Results
The Lloyd's market's pre-tax loss of $2.8 billion in 2017 was partly due to hurricanes and wildfires in the third and fourth quarters. But these losses were exacerbated by the continued deterioration ...
Lloyd’s CEO Beale Urges Brexit Fix for European Insurance Contracts
Lloyd's of London Chief Executive Officer Inga Beale said insurance contracts across Europe will remain at risk unless there's an agreement on how they should be treated in post-Brexit Europe. ...
For Many Carriers, IoT Remains an Untapped Data-Gathering Tool
Most insurance carriers lack a strategy to capitalize on data generated by the Internet of Things (IoT), even as they realize the importance of having one. Making matters worse, a majority lack ...
Executives On The Move at PartnerRe and JLT Specialty USA
PartnerRe tapped a former W.R. Berkley Corp. executive to be its new head of Structured Risk for its North America P&C arm. JLT Specialty USA appointed a new senior vice president who will focus ...
The Institutes, International Insurance Society Form Strategic Affiliation
The Institutes is forming a strategic affiliation with the International Insurance Society, both industry groups have announced. IIS, an association for executives and experts in the global insurance ...
Another Day, Another Disruptive Storm to Hammer the Northeast
The fourth nor'easter in three weeks is about to hit the U.S. Northeast, potentially dropping as much as a foot of snow on New York and Boston and shutting down government offices in Washington. Snow ...