JLT Re (North America) Inc. (JLT Re), part of the Jardine Lloyd Thompson Group plc, the global provider of reinsurance broking and consultancy, has appointed Tony Sammur as executive vice president in Stamford, Conn. In this role, Sammur will focus …
China’s top cyber authority said on Wednesday it is not targeting foreign firms with a controversial national cyber law set to come into effect on Thursday. More than 50 overseas companies and business groups have lobbied against the law, which …
A full 50 percent of U.S. firms do not have cyber risk insurance and 27 percent of U.S. executives say their firms have no plans to take out cyber insurance, even though 61 percent of them expect cyber breaches to …
XL Catlin has opened its first Political Risk, Credit and Bond (PRCB) insurance practice in Canada and has appointed Marvin Azzopardi as senior underwriter. Based in Toronto, Azzopardi, will join XL Catlin on June 1 and will report to Richard …
I am writing this to announce that we have completed our report on the State of Learning in Insurance. I’m excited about this for a number of reasons, not the least of which is that it’s the first big thing …
U.S. commercial property insurer FM Global has been approved to run a European hub in Luxembourg, a move allowing it to issue policies in the European Union and other countries following Britain’s decision to leave the bloc, the company said …
The Greek government wants to persuade shipowners and shipping-insurance companies based in London to move their European Union headquarters to Greece as the U.K. prepares to exit the bloc. “We’re in contact with five large ship-insurance brokers who are considering …
Valuations of insurance agencies are as high as they have ever been and there does not appear to be any lessening of interest among suitors, according to an industry mergers-and-acquisitions (M&A) consultant. John Wepler, chairman and CEO of MarshBerrry, described …
It had been expected by many that, after seven years of arduous work, the American Law Institute’s “Restatement of the Law, Liability Insurance” would be approved last Tuesday at the Institute’s annual meeting at the Ritz-Carlton Hotel in Washington. But, …
BlackRock Inc. expects $300 billion in new money from insurers to flood into the already booming bond exchange-traded fund sector over the next five years, a spokeswoman said on Tuesday, following a move by regulators to adjust some requirements on …
