International
Post-Audit, AmTrust Names Strategy/M&A Exec Karkowsky as New CFO
AmTrust named one of its executives focused on M&A as its new chief financial officer, capping a busy spring for the specialty property/casualty insurer involving a multi-year audit and efforts ...
Guidewire’s Q3 Net Losses Spiked, But Revenue Soars as Acquisitions Absorbed
Guidewire Software Inc. grew revenue and concluded a major acquisition in its 2017 fiscal third quarter, but losses spiked. The California-based insurance software operation booked more than $1.8 ...
Effective compliance management in insurance relies on well-organized information and digital processes that accurately reflect producer relationships across multiple interconnected...
Reinsurance Rates Continue Their Tumble at June 1 Renewals
Reinsurance rates fell for the sixth consecutive year at the June 1, 2017 renewals, according to a market commentary published by JLT Re. JLT Re cited its Risk-Adjusted Florida Property-Catastrophe ...
Sompo International (Formerly Endurance) Will Grab Novae’s Financial Institutions’ Renewal Rights
Sompo International said its London market insurance platform will acquire Novae Syndicate Ltd.'s financial institutions renewal rights. Neither side is disclosing a specific purchase price. Through ...
New Consumer Tech Drives Opportunities for Novel Personal Insurance Products: Conning
Innovation often opens the door to new products that would never have been possible. Conning asserts in a new report that this is happening with personal lines insurance, thanks to consumers' ...
Cyber Attacks From Governments or Criminals Are Hard to Distinguish
Veteran espionage researcher Jon DiMaggio was hot on the trail three months ago of what on the face of it looked like a menacing new industrial espionage attack by Russian cyber spies. All the ...
Berkshire Hathaway’s Gen Re Helps Launch Innovation/Technology Collaborative in Germany
Berkshire Hathaway's Gen Re is among insurers who recently helped found InsurLab Germany, a collaborative designed to foster new technologies and innovation in the industry. The initiative formally ...
Greenlight Capital Re Brings on Ex-SAC Re CEO Burton as New Leader
Greenlight Capital Re tapped a veteran Bermuda reinsurance executive as its new chief executive officer. Simon Burton is slated to become CEO of the hedge fund/specialist reinsurer as of July 1, 2017 ...