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Insurance
Allstate, Liberty Mutual and Travelers are on top of a list of insurers most exposed to what is expected to be an “above average” 2017 Atlantic hurricane season, CreditSights analysts wrote in a May 31 note. 1 June 2017
Insurance
The implementation of the new accounting standard IFRS 17 may cost between £1bn – £2bn in the UK, said Nic Nicandrou, chief financial officer of Prudential. 1 June 2017
Insurance
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan, has strengthened its regional team in Europe with the appointment of Hans van Oort as managing director of Benelux operations. 1 June 2017
Insurance
Property/casualty insurer Chubb has named John Watkins as senior vice president, head of casualty claims for its North America claims organisation. 1 June 2017
Insurance
Insurtech Trace Isys has appointed Simon Howden as chief executive officer of the company. 1 June 2017
Insurance
Dale Underwriting Partners, which is managed by Lloyd’s third-party managing agency Asta, has announced the launch of its new contingency and sports personal accident business. 1 June 2017
Insurance
US-based insurtech platform Slice Labs has launched its on-demand homeshare insurance product across 13 states. 1 June 2017
Insurance
Insurance broker Lockton has appointed Gary Hartnett as southeast series employee benefits practice leader in its Charlotte office. 1 June 2017
Insurance
Prague headquartered VIG Re aims to strengthen its underwriting activities in Germany and to enter additional countries mainly in continental Europe, according to the company’s 2016 annual report. 1 June 2017
Insurance
The European Securities and Markets Authority (ESMA) has set out a principles rule book for the supervisory approach to company relocations from the UK as the country leaves the EU and stressed that special attention should be granted to avoid letter-box entities in the EU27. 1 June 2017
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