International
Executives On The Move at Allianz, CNA, SCOR and More
Allianz Global Corporate & Specialty promoted two executives. CNA appointed someone to lead efforts involving Commercial Underwriting for Errors & Omissions, Cyber and Media. SCOR made four ...
Davos Report Calls for Businesses to ‘Unlock’ $12 Trillion in Opportunities
Companies could unlock at least $12 trillion in market opportunities by 2030 and create up to 380 million jobs by implementing a few key development goals, according to a study by a group including ...
When MGAs manage a high volume of insurance submissions, underwriting speed often depends on what happens before an underwriter ever...
Lloyd’s Considering 5 Locations for New Post-Brexit EU Subsidiary
Lloyd's of London will make an announcement on its new European subsidiary by the middle of April at the latest, its Chairman John Nelson said on Tuesday, as it prepares for Britain's exit from the ...
Britain to Make Clean Break with EU Market Under May’s ‘Hard Brexit’
Britain will quit the EU single market when it leaves the European Union, Prime Minister Theresa May said on Tuesday in a decisive speech that set a course for a clean break with the world's largest ...
Berkshire Hathaway Wins Reinsurance License in Malaysia
Berkshire Hathaway Specialty Insurance announced that it has received a license to provide non-life reinsurance in Malaysia and has established a new office in Kuala Lumpur. "After putting down roots ...
Zurich to Cut Spending on Large Tech Projects as Part of Cost-Saving Plan
Zurich Insurance Group AG, Switzerland's biggest insurer, plans to cut spending on large technology projects as it seeks to reduce costs, according to Chief Risk Officer Cecilia Reyes. "Managing, ...
Unintended Problems From the Internet of Things and More 2017 Predictions: Marsh
Insurers and customers alike are increasingly embracing the Internet of Things for underwriting purposes and general, daily life. The thing is, greater reliance on this type of technology could ...
A ‘Hard Brexit’ Appears Increasingly Likely
Prime Minister Theresa May will call on Britons to reject the acrimony of the Brexit referendum in a speech this week that some newspapers have billed as setting the stage for a "hard" exit from the ...