Articles
Insurance
Property/casualty insurer Chubb has secured approval from the Myanmar Ministry of Planning and Finance to establish a wholly owned life insurance subsidiary in the country. 9 April 2019
Insurance
Specialist insurance provider Delta Insurance has launched a new cyber-protection and insurance solution in Asia Pacific, in partnership with London-based cybersecurity company DynaRisk. 9 April 2019
Insurance
Insurer Chubb has appointed Jonathan Kennett as head of financial institutions for the UK and Ireland and Chubb Global Markets (CGM), the insurer's London Market wholesale and specialty arm. 9 April 2019
Insurance
American International Group (AIG) has appointed Kathleen Zortman as president and chief executive officer of private client group, general insurance. 8 April 2019
Insurance
Boeing has admitted that a failure in its Mcas anti stall system was a factor in the crash of two 737 Max planes as the aircraft manufacturer's CEO said “it’s our responsibility to eliminate this risk”. 5 April 2019
News
Greenlight Re has always done things a little differently. Simon Burton, its chief executive, explains to Intelligent Insurer why he hopes its approach to insurtech, Solvency II and the mix of its portfolio will continue to set it apart. 4 April 2019
Insurance
Insurance claims following the Ethiopian Airlines crash and consequent grounding of Boeing’s 737 Max 8 planes could be as much as $1 billion, according to James Vickers, chairman of Willis Re International. 1 April 2019
Insurance
As US aircraft manufacturer Boeing announced software upgrades to its 737 Max planes, it remained unclear how far this fix could mitigate the potential losses for the global insurance industry. 28 March 2019
Insurance
Market digitalisation and the launch of the “Brexit-proof” Lloyd’s Brussels subsidiary were highlighted as ongoing initiatives that could help the specialist re/insurance market continue to turn around its performance, after CEO John Neal described the 2018 annual results as “not of the standard that we would expect”. 27 March 2019
Insurance
Norwegian aluminium and renewable energy company Norsk Hydro, which suffered a severe ransomware attack last week, has estimated that total losses from the incident have already reached 300-350 Norwegian crowns (nearly $40 million). 27 March 2019
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