by AIP Online Bureau | Jul 22, 2021 | International News, Non-Life, Reinsurance
Hamilton: Specialist global insurer Hiscox announces today that after 21 years as Group Chief Executive, Bronek Masojada has informed the Board of his intention to retire at the end of the year. Following a thorough succession process, the Board has appointed Aki...
by AIP Online Bureau | Jul 22, 2021 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Excessive heat and drought conditions, combined with other adverse weather conditions, spawned a damaging series of wildfires in the western U.S., a trend that could have a significant impact on the property and casualty insurance market. The National...
by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
BERLIN: Insured losses from floods in western Germany last week may total 4 billion to 5 billion euros ($4.7-5.9 billion), insurance industry association GDV said on Wednesday. It said the floods in the states of North Rhine-Westphalia and Rhineland-Palatinate are...
by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Pension & Social Security, Reinsurance
NEW YORK: – A federal judge has narrowed the scope of a U.S. Department of Justice lawsuit blocking the proposed $30 billion merger of insurance brokers Aon PLC and Willis Towers Watson PLC, allowing the companies to finalize remedies for three...
by AIP Online Bureau | Jul 22, 2021 | Indian News, Life, Non-Life
Mumbai: The Governing Body of Insurance Council (GBIC) has recommended names, including insurers and other technocrats,for filling up posts of nine Insurance Ombudsmen, located in different parts , mostly capital cities of states, of the country. They have been...
