Industry News
Argo Group Completes $235M Ariel Re Acquisition
Argo Group's $235 million acquisition of Ariel Re is now complete, and the acquired company's former CEO has a job with the combined company. Ryan Mather, Ariel Re's former chief executive officer, ...
Executives On The Move at Chubb and AXIS Capital Holdings Ltd.
Chubb promoted a key executive to handle claims operations for Europe and Eurasia & Africa. AXIS Capital Holdings hired two new executives – veterans of Swiss Re and Ascent Underwriting – to ...
A Large Swath of Businesses Remain Ill-Prepared for Cyber Attacks: Hiscox
A study of 3,000 companies in the UK, U.S. and Germany, reveals that more than half (53 percent) of businesses in the three countries are ill-prepared to deal with cyber attacks. Fewer than one-third ...
Travelers, Allied World, AIG Vets Tapped to Help BHSI Expand From New London Office
Berkshire Hathaway Specialty Insurance Company is tapping veteran executives from Allied World, Travelers and AIG to help oversee expanded operations in the United Kingdom and Southern Europe. A new ...
Guts, People, Regulatory Education Needed to Innovate Insurance
At an industry conference last month, two insurance executives welcomed news of potential flexibility coming from state regulators as they pursue individual paths to digital and data-driven futures, ...
Only 5 Percent of Large UK Firms Have Board-Level Cyber Expertise: Deloitte
Only 5 percent of large U.K. companies say their boards include directors with expertise in information technology or cyber security, even though the vast majority identify hacking and other digital ...
Blockchain Insurance Industry Initiative B3i Grows to 15 Members
The Blockchain Insurance Industry Initiative B3i, which was launched in October 2016 to explore the potential use of distributed ledger technology, has grown to 15 members from its original five. ...
CNA CEO Robusto ‘Back in the Game,’ Though 2017 Has Room for Improvement
CNA reported fourth-quarter and full-year 2016 results, with its new CEO indicating that while there is a strong foundation at the insurer, the company has work to do in improving underwriting ...