International & Reinsurance News

According to the Computer, You’ll Be Dead in 5 Years

A computer’s ability to predict a patient’s lifespan simply by looking at images of their organs is a step closer to becoming a reality, thanks to new research led by the University of Adelaide. The research, now published in the …

CNA Canada Relocates Vancouver Branch

CNA Canada announced its Vancouver Branch has moved to a new location. The new address is 510 W. Georgia St., Suite 2250, Vancouver, BC V6B 0M3. The company said that its phone numbers will remain the same. “The new location …

Dale Underwriting Offers Contingency & Sports Personal Accident Cover; Syndicate Support Extended

Dale Underwriting Partners, managed by Lloyd’s third party managing agency Asta, announced the creation of a new contingency and sports personal accident business. The team will be led by Martin Lawson, who will be joined by Richard Appleton. Both are …

China, EU Re-Commit to Paris Climate Agreement – Even if U.S. Withdraws

Chinese Premier Li Keqiang said the world’s No. 1 polluter will stick to its pledges to tackle global warming, underscoring the risk of U.S. isolation if President Donald Trump pulls out of the Paris climate accord. Li made his comments …

Guy Carpenter Taps Gen Re’s van Oort as Managing Director, Benelux Operations

Guy Carpenter & Co. announced the appointment of Hans van Oort from General Reinsurance Co. as managing director, Guy Carpenter Benelux, effective Dec. 1, to further strengthen the regional team. He will be responsible for continuing to enhance Guy Carpenter’s …

Ironshore Names Hiscox’s Fisher as VP Political Risk & Trade Credit in London

Ironshore Inc. has appointed Russell Fisher as vice president of Political Risk and Trade Credit to underwrite European business lines, based in London. Fisher has more than 20 years’ experience as a specialist in trade credit and risk analysis for …

China Initiates Tough Cyber Law, Despite Resistance from Foreign Businesses

China ushered in a tough new cyber security law on Thursday, following years of fierce debate around the controversial legislation that many foreign business groups fear will hit their ability to operate in the country. The law, passed by China’s …

Trump Expected to End U.S. Participation in Paris Climate Pact

President Donald Trump plans to make good on his campaign vow to withdraw the United States from a global pact to fight climate change, a source briefed on the decision said on Wednesday, a move that promises to deepen a …

Caribbean Cat Facility CCRIF & Caribbean Development Bank Launch Regional Risk Management Project

The Caribbean Development Bank and CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) have launched a Caribbean risk management project. Formally known as “Integrated Sovereign Risk Management in the Caribbean,” the project aims to enable Caribbean countries to take …

BA’s Massive IT Failure Caused by Power Surge; Brand Damage Admitted

A huge IT failure that stranded 75,000 British Airways passengers followed damage to servers that were overwhelmed when the power returned after an outage, the airline said on Wednesday. BA, part of airline group IAG, is seeking to limit the …

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