Catastrophe modeling firm AIR Worldwide (AIR) has formed a global resilience practice, which aims to support risk reduction and resilience initiatives across the globe. These initiatives are aimed at developing solutions to aid society’s efforts to better prepare for and …
Eight months after a murderous rampage in Paris, the deadly attack in the coastal city of Nice on Bastille Day threatens to throw a still-traumatized France into a tailspin in the run-up to presidential elections and raise terror alarms across …
XL Catlin has established a new Reinsurance Unit focused on providing facultative and treaty reinsurance across Africa. Leading the team is Alex St James who has been appointed as head of Africa for XL Catlin’s Reinsurance operations. Additionally, XL Catlin …
A push by Kenyan regulators to clean up the East African country’s insurance industry is poised to trigger stake sales or exits by underwriters unable to meet the new capital requirements, according to an industry group. Most companies missed a …
Starr Companies announced that Dorian Grey has joined the company as president, Latin America Division. Grey will have overall responsibility for the growth and profitability of Starr’s activities in Mexico, Central and South America and the Caribbean. “We are delighted …
The Bermuda insurance industry is projected to grow at a steady pace as a result of new regulations and consistent growth in external business, such as offshore and captive, according to a new report published by London-based business intelligence company …
RenaissanceRe Holdings Ltd. announced that Jeffrey D. Kelly, its chief financial officer and chief operating officer, is retiring. Kelly, 62, will be succeeded as CFO by Robert Qutub, effective Aug. 8, 2016, and will remain as chief operating officer until …
How should an agent or broker approach selling travel medical insurance to those heading to Rio? The answer is simple: know what potential dangers they face, provide them with the information to reduce their risk, and in the event they …
Markel International, the London-based specialist insurer, has joined forces with Tokio Marine Kiln, Pembroke and AEGIS London to lead the Markel livestock consortium, offering cover of up to $30 million per location for livestock risks. The consortium offers larger single …
The Obama administration’s top health official highlighted the importance of competition to insurance markets, as the Justice Department is poised to decide on two massive deals among four of the health-plan industry’s biggest players. Health and Human Services Secretary Sylvia …