Sea Level Is Rising, but at Fluctuating Rates due to Volcanic Eruption: Study August 12, 2016 By Amrith Ramkumar Climate scientists have long warned of a rise in sea level as global warming melts the world’s glaciers. But while...
Global Risk Partners Acquires UK-Based BB Insure August 12, 2016 Global Risk Partners Ltd. (GRP) has acquired the commercial and personal insurance broker BB Insure, which has offices in the...
Chile’s Health Insurers Pushed to Brink of Collapse as Courts Prevent Rate Hikes August 12, 2016 Chile’s private health insurers have a peculiar problem. Every time they try to raise their premiums, thousands of their clients...
Swiss Re Names Madzinga to Lead Reinsurance in Middle East and Africa August 12, 2016 Swiss Re announced the appointment of Tavaziva (“Tava”) Madzinga as its new reinsurance managing director & market executive for Middle...
VW’s Keyless Entry Systems Vulnerable to Hacking: European Researchers August 12, 2016 By Eric Auchard Tens of millions of vehicles sold by Volkswagen AG over the past 20 years, and some current models, are vulnerable...
French Women Took Sanofi Epilepsy Drug Despite Risk to Fetuses: Report August 11, 2016 By Gerard Bon and Geert De Ciercq More than 10,000 pregnant women in France took Sanofi’s anti-epilepsy drug Depakine between 2007 and 2014 although the risk of...
Howell Named Regional CEO of Zurich in Asia Pacific August 11, 2016 Zurich announced the appointment of Jack Howell, (46, U.S. citizen) to the role of regional chief executive officer of Zurich...
Aon Appoints Cai (Former Head of World Bank’s Investment Arm) to Board August 11, 2016 By Katherine Chiglinsky Jin-Yong Cai, a TPG Capital partner and the former head of the World Bank’s investment arm, joined the board of...
Ironshore’s Pembroke Managing Agency Forms Specie Consortium at Lloyd’s August 11, 2016 Ironshore’s Pembroke Managing Agency Ltd. announced the formation of the Specie Consortium, a new venture supported by 21 Lloyd’s Syndicates...
Zurich Insurance Q2 Net Income Declines 12% on Restructuring, Nat Cats August 11, 2016 By Jan-Henrik Förster and Jeffrey Vögeli Zurich Insurance Group AG said second-quarter profit fell 12 percent on higher restructuring charges and claims from natural catastrophes as...