Reinsurance
Executives On The Move at Chubb and AXA XL
Chubb made two senior appoints to its United Kingdom & Ireland Casualty team. AXA XL named a new senior underwriter,Political Risk, Credit & Bond in the UK & Lloyd's market. *** Chubb has ...
‘Sunny Day’ Floods Becoming Increasingly Common With Rising Sea Levels: NOAA
Record high-tide flooding washed over U.S. coasts in the past year, and rising sea levels are expected to send the deluges into streets, homes and businesses even more frequently over the next ...
P/C Insurers Plan to Boost Their Use of Actuarial Automation: Willis Towers Watson
Property/casualty insurers plan to accelerate their use of automation for actuarial work, a new Willis Towers Watson survey found. What's more, COVID-19 has been a major factor in the trend. The ...
AXIS Re Promotes Three Executives in Bid to Beef Up Product Leadership Efforts
AXIS Re promoted three executives - two to newly-created positions – as part of an effort to strengthen product leadership within the company. Simon Stirnemann has been promoted to AXIS Re Head of ...
Climate Change Financial ‘Stress Tests’ Need Better Data and Modeling: Global Oversight Body
Climate change financial 'stress tests' will need to be improved with better data and modeling, a new paper by a global oversight body has recommended, but potential losses at individual banks or ...
Travelers Makes ‘Strategic Minority Investment’ in Fidelis Insurance Holdings
The Travelers Companies said it has made a "strategic minority investment" in Fidelis Insurance Holdings, a privately-owned global specialty insurer and reinsurer. Neither side disclosed financial ...
Executives On The Move at Chubb and AXIS
Chubb's Westchester division promoted an executive to a new role. AXIS Re appointed an executive to a leadership role within its AXIS Re Strategic Partners division. *** Thomas McLaughlin has been ...
Europe, U.S. and Canada Slammed by Record Weather Catastrophes in June: Aon
June 2021 left Europe with its costliest severe storm period on record. Meanwhile, over in the U.S. in Canada, record-setting heatwaves caused significant damage, according to Aon's latest natural ...