News
Execs Handicap Changes Ahead of Presidential Inauguration
Graphic Insight: Where Disruption Is Coming From; How Will Carriers Respond
Startups and fast-moving insurers adopting digital technologies are disrupting the industry, executives agree. When Willis Towers Watson and Mergermarket surveyed 200 senior level executives in the ...
Executives On The Move at CNA and Chubb
CNA created a new executive position focused on integrating technology and operations, and hired an Axis Capital veteran to fill the job. Over at Chubb, the insurer hired a former Allied World senior ...
2017 Cat Bond Issuance Could Approach Record Levels: Aon Report
Total catastrophe bond issuance for calendar year 2016 reached $5.8 billion – a decrease from US$6.9 billion in 2015 – principally due to ongoing competitive re/insurance market conditions, ...
W.R. Berkley Suspends London-Based Marine Underwriting
W.R. Berkley has put under review and is suspending underwriting for its London marine book until it can determine the direction of this business going forward. W/R/B Underwriting, the company's ...
Germany Reportedly Plans Brexit Move Talks With 20 Banks
German regulators will meet more than 20 foreign banks on Monday to spell out requirements for moving some operations to Frankfurt, people familiar with the matter said, as the city accelerates plans ...
AIG Risk Transfer Deal Could Jeopardize Berkshire Hathaway’s Win Streak: Credit Suisse
Berkshire Hathaway Inc.'s record risk-transfer agreement with American International Group Inc. is so big that Warren Buffett's company risks posting its first annual underwriting loss since 2002 at ...
MAPFRE’s Castelo Takes Over as CEO for North America Operations
Spanish insurer MAPFRE Group has a new CEO for its North America arm, eight months after the changing of the guard was first announced. Alfredo Castelo is now president and CEO of MAPFRE U.S.A. Corp. ...