International
Qatar Re Surges Along With Soaring Middle East/North Africa Reinsurance Market: A.M. Best
Qatar Re tops A.M. Best's tally of the biggest Middle East and North Africa reinsurers in 2015, capping major growth for the carrier that has run in tandem with a significant expansion of the larger ...
European Aviation Industry Urges Stricter Drone Regulations
Aviation associations representing airlines, pilots and airports across Europe called on Monday for mandatory registration and training of drone users following a number of near-misses between the ...
The Hidden Cost of Standing Still: Legacy Platforms Slow Growth and Halt the Shift to AI-Enabled Insurance Business
Presented by Majesco
There is a hidden disease that is killing insurers — the disease of legacy technology. The problem is a matter...
AXA Restructuring: Execs May Slash 600 Insurance Jobs in Belgium
Axa SA is considering cutting 650 jobs in Belgium over the next two years, as Europe's second-largest insurer overhauls its range of products sold in the country. Axa Belgium has presented the plan ...
Negative Reinsurance Sector Outlook Not Changing Anytime Soon: A.M. Best
A.M. Best said its outlook for the reinsurance sector remains negative due to a multitude of factors, and it will likely stay that way for quite some time. "Our rating outlook remains longer-term ...
Post-Brexit Warning: Lloyd’s Chairman Says UK Risks Losing Insurers
Lloyd's of London and other insurers will be forced to move part of their businesses to the European Union if they fail to access the single market following Britain's decision in June to leave the ...
Battery Combustion Risk Forces Recall of Samsung Galaxy 7 Smartphones
Samsung Electronics Co. recalled its Galaxy Note 7 smartphones because of a faulty battery and announced a global replacement program, days before archrival Apple Inc. is set to unveil its newest ...
H1 Catastrophe Losses Are High, and Texas Endured Many of Them
Weather catastrophe activity slammed into 39 states during the 2016 first half. But in a six-month period where insured losses rose well above typical levels, Texas was by far the worst hit, ...
EU Passporting Could Be Crucial for Lloyd’s Market Position in Post-Brexit World
The UK's exit from the European Union, or "Brexit," could lead to a loss of business for Lloyd's of London unless the UK government is able to negotiate passporting arrangements to maintain access to ...