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Everest Re Group has hired Markus Heizmann to join Everest Reinsurance (Ireland) as head of its European credit and surety operations. 2 October 2017
Insurance
Robotic Process Automation is expected to improve insurers’ earnings by about 37 percent with staff numbers falling 20 percent in back office functions, according to a base case scenario by Royal Bank of Canada (RBC). 29 September 2017
Insurance
The top three challenges facing London market are the ongoing soft market conditions, Brexit and regulatory compliance, according to an International Underwriting Association survey. 28 September 2017
Insurance
Re/insurers based in Bermuda have collectively paid out $72.8 billion to policyholder and cedants in the European Union over the past 20 years. 28 September 2017
Insurance
The global premiums volume for cyber insurance is set to increase six- to eightfold within a decade, according to a Fitch Ratings report. 28 September 2017
Insurance
London-based managing general agent (MGA) Pen Underwriting has entered into a new motor capacity deal with Zurich Insurance. 28 September 2017
Insurance
Global insurance broking and risk management firm Marsh has created a new practice for broker networks within Jelf and Bluefin’s direct and partnership (D&P) division. 28 September 2017
Insurance
Cyber crime is hitting the headlines on a regular basis. Some estimates suggest it cost the global economy $450 billion last year. 28 September 2017
Insurance
The insured property market loss for tropical storm Debbie, the strongest tropical cyclone in the Australian region since Cyclone Quang in 2015, has reached A$1.658 billion ($1.3 billion), according to PERILS. 28 September 2017
Insurance
Lloyd’s has appointed Kirsten Mitchell-Wallace, currently SCOR’s EMEA regional head for catastrophe management in Zurich, as its new head of risk aggregation. 26 September 2017
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