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International

Risk costs trending down: RIMS

04 April 2016

North American businesses paid 2% less last year than in 2014 to cover the total cost of risk, according to this year’s Risk and Insurance Management Society Benchmark Survey…

Munich Re flags further profit falls

21 March 2016

Munich Re is braced for earnings to decline further after net profit fell 1.4% to €3.1 billion last year, hit by negative currency movements and impairment charges…

Crawford announces restructure

21 March 2016

Global claims management specialist Crawford & Company has announced a new structure featuring a “G6” executive team…

More British motorists take up telematics

21 March 2016

The number of UK motorists using telematics-based insurance policies to reduce premiums increased 40% last year, according to the British Insurance Brokers’ Association…

Most insurers wary of disruptive innovators

21 March 2016

About 74% of insurers say the industry is most at risk over the next five years from fintech firms – financial technology players encroaching on their turf, according to a new PricewaterhouseCoopers report…

Marsh exec set to run ACORD

14 March 2016

Global insurance data standards group ACORD has appointed Bill Pieroni as its new President and CEO…

Lloyd’s director bolts to BHSI

14 March 2016

Lloyd’s Director of Performance Management Tom Bolt is to head up Berkshire Hathaway Specialty Insurance’s forthcoming foray into Europe when he leaves the market in a few months…

Marsh names new president

14 March 2016

Marsh has appointed former AIG commercial insurance CEO John Doyle as President, effective from April 15…