News
Competition Consumers Deserve: PCI Opinion
Consider the scenario: A family of three suffers an accident and needs to replace several parts on their car. It's an expensive ordeal. And in our current system drivers are forced to rely largely on ...
Insurers in Chile Should be Able to Handle Quake Claims: Fitch Ratings
Chile continues to assess the damage of an 8.3 magnitude earthquake that killed more than 10 people on Sept. 17 and led to the evacuation of over 1 million people around the coast, according to media ...
China Re Gains Hong Kong Stock Exchange Approval to Launch $2B IPO
China Reinsurance Group Corp., the nation's biggest reinsurer, received Hong Kong stock exchange approval for an initial public offering, people with knowledge of the matter said. The Beijing-based ...
Cyber Attacks Bring Insurers and Other New Clients to Defense Firms
A broadening wave of cyber attacks is drumming up new clients for defense companies as anxiety about the loss of sensitive data spreads from military chiefs to company bosses. Banks, utilities and ...
Executives On The Move At XL Catlin, Hiscox, BHSI and More
We have executive appointments and promotions to tell you about at XL Catlin, Hiscox, ACORD, Measure and Berkshire Hathaway Specialty Insurance: *** XL Catlin has appointed its post-merger specialty ...
Allstate CEO Wilson Pledges Rebound for Auto Insurance Combined Ratio
Allstate Corp. Chairman and CEO Thomas Wilson assured investors this week that the insurer is working hard to improve its automobile combined ratio, which spiked six points to 101.4 in the 2015 ...
Insurance Execs Struggle to Kindle the Innovation Spark: KPMG Survey
While insurance executives overwhelmingly know that innovation will drive future competitive advantage and growth, most seem to be struggling to kindle the spark within their organization, finds a ...
Hiscox’s ILS Assets Surpass $600 Million With Cardinal Re Launch
Kiskadee Investment Managers, Hiscox Re's insurance linked securities (ILS) operation, has launched Cardinal Re Ltd., a Bermuda-domiciled special purpose insurer designed to transform collateralized ...