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Trade bodies and re/insurers have welcomed the news that the EU and the US have signed a bilateral agreement on insurance and reinsurance after more than 20 years of discussions and a year of formal negotiations. 25 September 2017
Insurance
Broker Willis Towers Watson said on Sept. 19 that it appointed Albert Li as head of Hong Kong and Taiwan for its insurance consulting and technology business. 19 September 2017
Insurance
“Change may indeed be inevitable. Successful change, however, is not.” That was the winner of our quote of month competition in August. Here, with that in mind, we introduce the first Editor’s Choice Awards in which we identify the companies, ventures and individuals best equipped to make change successful. 14 September 2017
News
Losses from Hurricane Harvey and Irma could mean that Munich Re will miss its profit guidance of €2.0–2.4 billion for 2017, the company said in a Sept. 13 press release. 14 September 2017
Insurance
Hurricane Irma, which hit Florida over the past weekend and is expected to result in $16-26 billion of reinsured losses, will trigger rate increases of 4-5 percent for US nat cat reinsurance cover, according to Sept. 14 research by asset manager AllianceBernstein. 14 September 2017
Insurance
Insurer Chubb has promoted Tara Parchment to head its European personal risk services division, based in London. 14 September 2017
Insurance
Mapfre Global Risks (MGR), a Mapfre unit providing insurance solutions for multinationals, said on Sept. 14 that it is moving into the London aviation market. 14 September 2017
Insurance
German commercial insurer HDI, as a subsidiary of Talanx and sister company of Hannover Re is expanding its cyber insurance programme. 14 September 2017
Insurance
Alleghany Corporation said on Sept. 13 that its subsidiary Alleghany Insurance Holdings is selling Pacific Compensation Insurance Company (PacificComp) to CopperPoint Mutual Insurance Company for $150 million of total cash consideration. 13 September 2017
Insurance
Italian insurance group Generali has agreed to sell its Dutch business to Netherlands-based insurer ASR Nederland. 13 September 2017
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