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Insurance
Zurich North America CEO Mike Foley will retire from Zurich in 2018, after a decade in this role. 21 September 2017
News
TransRe has appointed Miguels Canals to join its cyber team, based in New York. 21 September 2017
Insurance
Property and casualty re/insurer XL Catlin said on Sept. 20 that it is expanding its political risk underwriting capabilities in Iberia with the appointment of Santiago Herrero as head of political risk, credit & bond (PRCB) - Iberia. 21 September 2017
News
Hannover Re said on Sept. 21 that it expects nat cat events to exceed its large loss budget which is likely to result in the company missing its targeted €1 billion group net income in 2017. 21 September 2017
Insurance
Risk modelling and data analytics firm RMS said on Sept. 20 that it partnered with cloud computing platform Microsoft Azure to help insurance companies to overcome limitations to their business agility. 20 September 2017
Insurance
Bermuda-based specialist insurer Hiscox appointed Tom Shewry to the role of director of group finance. 20 September 2017
Insurance
Zurich-based Swiss Life is facing investigations by the US Department of Justice (DoJ) over its potential role in helping US citizens to avoid paying taxes. 14 September 2017
Insurance
No timeline has been set for a potential initial public offering (IPO) of Peak Re, but the company is structured so that a listing could occur eventually, Chris Kershaw, managing director of global markets at Peak Re, told Monte Carlo Today. 13 September 2017
Insurance
As interest and investment in the insurtech sector rapidly grows, many executives increasingly believe that what was once considered hype around this sector’s potential to transform re/insurance will now become a reality. 11 September 2017
Insurance
There is a real opportunity to improve reinsurance processes with the use of blockchain technology, which can deliver cost savings and efficiency gains of 30 percent by taking out unnecessary reconciliation, repetitive duplication of work and waiting times. 11 September 2017
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