International & Reinsurance News

Legacy Specialist Compre to Acquire Irish Captive Insurer Equinox CA Europe

Compre, the independent insurance and reinsurance legacy specialist, today announces it has agreed to acquire Equinox CA Europe, a captive insurer of global engineering and construction conglomerate SNC-Lavalin. The Ireland-based captive insured the activities of SNC-Lavalin’s business in France from …

AXIS Insurance Taps Zurich’s Anzelc to Lead New Data and Analytics Unit

AXIS Insurance, a business segment of AXIS Capital Holdings Ltd., announced the appointment of Meghan Anzelc, Ph.D., as vice president, Data and Analytics. In this new role, Anzelc, a trained physicist and data scientist, is responsible for implementing a strategy …

UK, EU Insurers & Banks Need ‘New System’ for Their Post-Brexit Business

British and European Union banks need a new system to let them do business with each other after Brexit to avoid splitting markets, Britain’s finance minister Philip Hammond said on Tuesday. Britain, the EU’s biggest financial market, is leaving the …

7 Tips for Start-ups Partnering with Incumbent Insurers: Trōv Founder Walchek

Trōv is a tech start-up that’s introducing the world to a new way to insure their things: on-demand for any duration, entirely from a smartphone. We’ve had to reinvent the insurance value-chain — from customer engagement through claims — by …

Markel UK Launches Media, Creative Industry Coverage

Markel UK has launched a package policy for media and creative industries that provides a wide range of covers to a broad selection of businesses, as well as access to a free debt recovery helpline, provided by solicitors DWF. Markel’s …

Travelers Launches Online System in UK, Providing Quick Mgmt Liability Quotes

Travelers Insurance Co. Ltd. in the UK has launched a new online system that enables UK brokers to receive management liability quotes and bind coverage for their clients in a matter of minutes. Accessed through the My Travelers e-trade platform, …

Hackers Target Canada Miners, Casinos, Demanding Bitcoin Ransoms: FireEye

The same hacker targeting Canadian casinos and mining companies for extortion since 2013 is planning more attacks, researchers at cyber security company FireEye Inc said in a report on Friday. FireEye said it believes that a single hacker or hacking …

Arch Re’s Canada Branch Names Aon Benfield’s Dagneau as CEO

Arch Reinsurance Co. announced that François Dagneau will be appointed to the position of chief executive officer of the Arch Reinsurance Co. Canada Branch in June. Dagneau will replace Patrick McGuiness, who is retiring from Arch. Dagneau joins Arch Reinsurance …

‘Complicated’ Brexit Talks Begin with Questions Over What Britain Wants

Almost a year since Britons voted to leave the European Union, Brexit talks finally began on Monday amid confusion over what exactly the U.K. government wants from the divorce. What U.K. Brexit Secretary David Davis describes as the “most complicated …

Facebook Opens Up About How It Is Removing Terrorist Content

Facebook Inc. on Thursday offered new insight into its efforts to remove terrorism content, a response to political pressure in Europe to militant groups using the social network for propaganda and recruiting. Facebook has ramped up use of artificial intelligence …

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