AXA Group’s chief risk and investment officer, Alban de Mailly Nesle is required to ponder myriad dangers to the Paris-based insurer and its 830 billion-euro ($995 billion) asset management arm. He says one of the greatest and most under-appreciated threats …
BRUSSELS – European Union diplomats said on Thursday they hoped a Brexit trade deal with Britain could be agreed by Friday or at the weekend, and EU officials said negotiators were likely to review progress in the next two days. …
BMS Group, the independent specialist re/insurance broker, announced the appointment of Aidan Pope as executive chairman of its Latin American and Caribbean business, effective on Jan. 1, 2021. Pope will focus on growing BMS’ operations in Latin America and the …
Prospero Re Ltd., a reinsurance company wholly owned by ILS Capital Management with $250 million in statutory capital, has received Bermuda Monetary Authority (BMA) approval of its amended business plan, allowing it to write traditional as well as collateralized reinsurance …
COLOMBO — The Burevi tropical cyclone is headed towards southern India, authorities said on Thursday, after it slammed Sri Lanka’s east coast earlier this week but caused little damage. The India Meteorological Department (IMD) issued a “red” warning to parts …
Inigo Ltd., the new London insurance group that has raised $800m in start-up capital from a group of blue chip global investors, announced that it has received approval in principle from the Corporation of Lloyd’s and will start underwriting for …
Core Assurance Partners, Inc. has hired Rob Huber to the firm as deputy managing director of Core Assurance Atlanta, LLC, a newly formed subsidiary. In this role, Huber will be responsible for strategic growth in the Southeast, building synergies with …
Huckleberry, a small business insurance purchasing platform, has launched a new offering designed for small businesses impacted by pandemic-related stressors and costs. The Pandemic Business Interruption plan will be available in early 2021. The coverage will be geared directly towards …
The National Labor Relations Board will file a complaint accusing Alphabet Inc.’s Google of unlawfully monitoring and questioning workers, who were fired for protesting against company policies and trying to organize a union, the former employees said in a statement …
Global insurer Chubb announced that John Keogh, executive vice chairman of Chubb Group and chief operating officer, has been appointed president and chief operating officer, effective immediately. Keogh will continue to report to Evan G. Greenberg, chairman and chief executive …
