News
Insurance
Re/insurer AXA XL has made a number of appointments in its UK client and distribution team, based in London. 16 September 2019
Insurance
Ratings agency AM Best has highlighted concerns about further amendments being proposed to the International Accounting Standard, IFRS 17, which seeks to reflect market values in the published financial statements of insurers. 16 September 2019
Insurance
Catastrophe risk modelling firm AIR Worldwide estimates that industry insured losses from Typhoon Faxai, which made landfall in Japan on September 9, will be between JPY 340 billion ($3 billion) and JPY 740 billion ($7 billion). 16 September 2019
Insurance
RSA Insurance Group has appointed Kevin Thompson as the new chief executive of its Irish business, RSA Ireland, replacing Ken Norgrove who is moving to the role of CEO of Codan/Trygg-Hansa, the company's Scandinavian business. 16 September 2019
Insurance
DXC Technology, a London insurance market service provider, has appointed Mike Salvino as its new president and chief executive officer (CEO). 16 September 2019
Insurance
The group chief executive officer (CEO) of specialist Lloyd's insurer Neon, Martin Reith, is stepping down from his executive roles on September 30. He will remain a member of the Neon Underwriting (NUL) board of directors. 16 September 2019
Insurance
Flood risk modeller JBA Risk Management has launched an innovative probabilistic global flood model, which will allow re/insurers to model river and surface water flood at 30m resolution. 16 September 2019
Insurance
London-based insurtech Concirrus has launched a new artificial intelligence-powered cargo data analytics solution in partnership with brokers Marsh JLT Specialty and Willis Re Specialty. The company claims it has the potential to "revolutionise" the way cargo insurance is priced, selected and managed in the industry. 16 September 2019
Insurance
A new research conducted by Cybersecurity Ventures suggests that the annual global cyber losses are expected to reach $6 trillion by 2021, with cyber security spending projected to exceed $1 trillion cumulative in the five years period leading up to 2021. 13 September 2019
Insurance
The expectation that interest rates are likely to be lower for longer has caused some analysts to cut their earnings forecasts for the industry. 13 September 2019
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