Insurer-Backed Research Urges Reform of Fire Tests of British Building Materials April 25, 2018 British laboratory tests on the fire safety of building materials are inadequate, research for the insurance industry in the wake...
China Reports Car Accident in North Korea Kills 36 April 25, 2018 A traffic accident in southern North Korea has killed 32 Chinese tourists and four North Koreans, Chinese officials said Monday....
Bond Insurer Assured Guaranty Defends Against Attack by Greenlight’s Einhorn April 24, 2018 Hedge fund manager David Einhorn said on Monday that his Greenlight Capital was betting Assured Guaranty’s stock will fall, sending...
Global Insurers Favor Private Equity Investments April 24, 2018 By Carolyn Cohn and Suzanne Barlyn Thirty-two percent of insurers plan to maintain or increase their investments in private equity in the next 12 months to...
Finland and Estonia Pioneer with World’s First Hacker-Proof Digital Highway April 24, 2018 By Kati Pohjanpalo and Ott Ummelas In this age of social media leaks and foreign election hacking, the ability to transmit sensitive personal information securely across...
AIA’s Chamberlain Joins HSBC Insurance as Global Head of Product and Actuarial April 24, 2018 Alistair Chamberlain has joined HSBC Insurance as global head of Product and Actuarial. Chamberlain will lead the development and management...
Lloyd’s to End Most Paper Trading by End of 2019 April 24, 2018 By Huw Jones Most business on the Lloyd’s of London insurance market will be negotiated electronically by the end of next year, its...
Markets Not Getting Better at Insuring Disasters: Viewpoint April 24, 2018 By Nathaniel Bullard Last year was the second-costliest year for disasters since 1970, according to a new analysis from reinsurance firm Swiss Re...
Sompo International Receives Luxembourg OK for Post-Brexit P/C Subsidiary April 23, 2018 Bermuda-based property/casualty insurer and reinsurer Sompo International Holdings Ltd. said it has received the regulatory approvals from the Ministry of...
Munich Re Not Looking But Would Welcome Investor: CEO Wenning April 23, 2018 By Tom Sims and Alexander Hübner Munich Re would welcome a long-term investor taking a significant stake in the company as the world’s largest reinsurer eyes...