News
Executives On The Move at ACE, Mt. Logan Re, Aon and More
We have executive promotions and appointments to tell you about at ACE Group, Mt. Logan Re Ltd (Everest Re), DUAL, and Aon plc: *** ACE Group promoted Stephen Crabb to the newly created role of head ...
Cyber Climbs the List as a Major Risk: PwC & CSFI Survey
Regulation is the top insurance industry concern for the third year in a row, but cyber has grabbed carriers' attention like never before, according to the Centre for the Study of Financial ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
Data-for-Doughnuts Vision Inspires Auto Insurers to Chase Google
The restaurants and doughnut shops you pass on your commute would love to predict when you'll be driving by. Your auto insurer may already know—and could be looking for a way to profit from that ...
Toronto Cab Drivers Sue to Halt Uber’s Advance
Toronto taxi drivers are launching a class-action lawsuit against ride-sharing company Uber Technologies Inc, seeking more than C$400 million ($307.27 million) in damages and an injunction to stop it ...
Beazley CEO Urges Lloyd’s of London to Revamp Data Systems
Beazley Plc Chief Executive Officer Andrew Horton called on Lloyd's of London to overhaul the way it manages trade information to make the world's oldest insurance market more efficient and globally ...
Chubb’s Q2 Profit Dips 1% Due to Weak Investments and ACE Merger Costs
Chubb Corp., the insurer that agreed this month to be bought by Ace Ltd., said second-quarter profit slipped 1 percent on weaker investment results and costs tied to the transaction. Net income ...
Executives On The Move at Allied World, JLT Re and Guy Carpenter
We have some executive promotions and hires to tell you about at Allied World, JLT Re and Guy Carpenter: *** Allied World Assurance Company Holdings has hired a Starr Companies executive to help with ...
Cat and Investment Losses Hamper Allied World’s Q2 Net Income
Allied World Assurance Company Holdings experienced big drops in net income during the 2015 second quarter, due in large part to catastrophe and investment losses. The Swiss insurer and reinsurer ...