Specialty
Insurance Premiums Will Grow 3 Percent Despite Economic Slowdown: Swiss Re
Global insurance premiums will grow 3 percent on average over the next two years even with an emerging global economic slowdown, Swiss Re said in its latest sigma report. Rising loss costs will fuel ...
Executives On The Move at Chubb and AmTrust
Chubb promoted an executive to be division president for Chubb Global Markets. AmTrust Financial Services hired a new head of Litigation.***
Chubb appointed Jason ...
Lloyd’s Lab Initiative Spurs New Praedicat Peril Casualty Insurance Product
Praedicat Inc., a Los Angeles-based liability risk analytics software company, said it is developing a new insurance product to help global industrial companies secure coverage for innovative and ...
Some Argue Blockchain Enthusiasm Is Fading Quickly
For a technology that was supposed to transform and solve seemingly every problem in the world, the enthusiasm is fading pretty quickly. Blockchain, the underlying technology that powers ...
Sexual-Harassment Whistle-Blower Sues Lloyd’s Insurer Tokio Marine Kiln
A senior lawyer who blew the whistle on alleged sexual harassment and bullying at a top Lloyd's of London insurance company is suing his employer for what he called a campaign of harassment, racial ...
Executives On The Move at Guy Carpenter and Munich Re
Guy Carpenter made a number of executive appointments to strengthen its operations in Bermuda. Munich Reinsurance America chose a new chief financial officer.
Argo Group Hit With Ratings Agency Black Marks Over Governance Controversy
Standard & Poor's hit Argo Group International Holdings Lt. with a negative ratings outlook, due to an SEC subpoena about executive compensation and the abrupt "retirement" of longtime CEO Mark ...
Mexico’s State Oil Firm Hampered by Ransomware Attack
A ransomware attack hit computer servers and halted administrative work on Monday at Mexican state oil firm Pemex, according to employees and internal emails, in hackers' latest bid to wring ransom ...