Reinsurance
UK Reportedly Set to Unleash Brexit Trigger Within Three Weeks
Prime Minister Theresa May intends to trigger Britain's withdrawal from the European Union as close as possible to the EU summit taking place on March 9 and March 10, according to two government ...
Solvency II Is Boosting Reinsurance Demand, 1/1 Renewals Show
The January renewals period show that Solvency II will increase demand for reinsurance products as European insurers attempt to strengthen their capital position through risk transfers, Fitch Ratings ...
Insurer/Investor Group Urges G20 Economies to Phase out Fossil Fuel Subsidies
Investors and insurers with more than $2.8 trillion in assets under management on Wednesday called on the Group of 20 economies to phase out fossil fuel subsidies by 2020 despite U.S. doubts about ...
Lloyd’s CEO Beale Sees Insurance Opportunities in Trump Trade Threats
Lloyd's of London Chief Executive Officer Inga Beale said Donald Trump's presidency and the U.K.'s planned exit from the European Union are creating opportunities to sell insurance guarding ...
Flood Risk Catastrophe Modeler Launches U.S. Office
JBA Risk Management, a provider of flood risk catastrophe modeling information in the UK, Canada and elsewhere, has launched a California-based U.S. office. "We are thrilled to be expanding our ...
AIR Worldwide’s New Colombia Earthquake Model Wins Regulatory Approval
AIR Worldwide's earthquake model for Colombia has gained insurance regulatory approval in the country. The catastrophe modeling firm said that the model can now be used by domestic insurance ...
Executives On The Move at RMS, Allied World, Arch Capital Group and More
RMS Named a former McKinsey & Co. executive as its president. Allied World beefed up its Onshore Construction arm in Australia with a new executive appointment. Arch Capital Group appointed a ...
AXIS Re CEO Nichols Resigns; Ekberg Will Succeed as Interim Head
Bermuda-based AXIS Capital Holdings Ltd. announced that John "Jay" Nichols has resigned from his position as chief executive officer of AXIS Re. Nichols has agreed to remain with the company in a ...