Reinsurance
NAIC President Nickel: Regulators Must Do Better Understanding Technology and Innovation
State regulators must better understand understanding technology and innovation trends increasingly driving the industry so they can do their jobs better, NAIC president Ted Nickel said. Nickel, who ...
Executives On The Move at Chubb, Tokio Millennium Re and PartnerRe
Chubb made a number of new executive appointments within its Global Casualty and Excess Casualty lines of business for its North America Major Accounts division. A Lloyd's veteran will become Tokio ...
Any Brexit Deal Must Protect Insurance Sector’s Benefits to UK Economy: ABI
The insurance and long-term savings sector is one of the UK's most productive industries, adding more than £40 billion (US$51.5 billion) a year to the economy and helping Britain thrive, according ...
Insurance Could Slash Billions From Poor Nations’ Natural Disaster Bills
New types of insurance could cut the costs of natural disasters for poorer countries and reduce the amount of humanitarian aid needed, according to a report commissioned by Britain's international ...
Pending EU Rules Should Spur International Cyber Insurance Market Growth: A.M. Best
The European Union's looming General Data Protection Regulation (GDPR) will require mandatory notification of serious data breaches and potentially massive fines for failure to comply. That's the bad ...
Munich Re, US Launches New Drone Insurance Product
Munich Reinsurance America, Inc. (Munich Re, US), announced the launch of a new commercial drone insurance endorsement last week, highlighting the impact of Federal Aviation Agency Rule 107, opening ...
Ed Appoints Tilman as Chief Actuary
Ed, the global reinsurance, wholesale and specialty broker, announced the appointment of Jonathan Tilman as chief actuary late last week. Tilman will take up his role in the final quarter of 2017. ...
Kent to Succeed Cavanagh as Willis Re CEO
Willis Re announced last Thursday that James Kent, the current deputy global CEO, will succeed John Cavanagh when he retires from his position as global CEO in December 2017. Kent joined Willis Re in ...