Europe
Europe: Talking Turkey on cyber risks
Following recent cyber attacks - purportedly carried out by hacktivist group Anonymous, there is growing understanding of the value of covering cyber liabilities.
C-Suite: Making claims fit for a digital era
There is a still much work ahead for insurance companies to bring claims into the digital era writes Alson Ong.
Garrard promoted at Willis Towers Watson to international role
Adam Garrard, formerly head of Asia at Willis, has been promoted to head of international at Willis Towers Watson following the merger of the two groups.
Industry will have time to deal with business implications of Brexit
Market commentators are divided over whether it is too early to start contingency planning ahead of the planned referendum on the UK's membership of the European Union, despite a senior Lloyd's official warning the sector to be prepared for all possible…
Israeli start-up Passportcard planning UK launch
Travel insurance start-up Passportcard is intending to be operational in the UK by the end of 2016.
Norwegian Hull Club to open London office
The Norwegian Hull Club is to open an office in London's EC3 area, its first outside Norway.
AIG's P&C division lost $2.3bn in Q4 2015
Global giant AIG's property and casualty arm fell to a loss of $2.3bn (£1.3bn) in the fourth quarter of 2015 compared with a $935m profit in Q4 2014.
Zurich closely monitoring Brexit developments
Zurich is keeping a close eye on how the referendum over UK membership of the European Union progresses, according to UK general insurance CEO Vibhu Sharma, who highlighted the company's position as one that is already headquartered outside the EU.
Europe C-suite: IT threats mean banks need tailor-made regulation
When I was growing up in the early 1980s, we were subjected to fanciful plot lines from far-fetched films, from Matthew Broderick hacking NORAD's computer system and nearly starting World War III, to Superman being called upon to defeat a computer fraud…
Greco to begin Zurich CEO role earlier than planned
Generali's outgoing CEO Mario Greco will start his upcoming Zurich global CEO role months earlier than originally planned.
Zurich's CEO announces more job losses after "disappointing" 2015
Zurich's interim CEO Tom de Swaan has announced plans to eliminate 8000 roles by the end of 2018 after announcing a 37% profit fall last year.
Kirshner hails 'tremendous' underwriting result at Markel
Alan Kirshner, executive chairman at Markel, said 2015 was a "tremendous year" for the (re)insurer's underwriting operations.
The Post Power List 2016
In a year where regulation, natural disasters, consolidation and cyber/digital again look set to make waves, and when the country could learn if it’s in or out of the European Union, Post had a mind mapping session – with a bottle of wine – to see who…
Slovenian insurers could see lower capital ratios under Solvency II
Capital ratios for Slovenian insurance companies could be lower under Solvency II than they were under the Solvency I regime, according to Fitch Ratings.
Signal Iduna implements Friss solution for fraud detection
German insurer Signal Iduna has introduced a software solution from Friss to fight fraud in a more structured and effective way within the claims process.
Brexit would disadvantage SMEs' trading potential, RSA warns
Nearly three quarters of UK SMEs struggle to export beyond the European Union meaning they could be disproportionately disadvantaged if the UK votes to leave the EU in an upcoming referendum, RSA research has found.
C-Suite: More pain in the Year of the Monkey
As the excitement builds across much of Asia for the countdown to Chinese New Year, Markel's Matthew Cannock gives a stark warning to the industry.
Chubb names Continental Europe country presidents
Chubb has named the leaders of its operations in Continental Europe, reporting to Continental Europe division president Jeff Moghrabi.
Cyber: A cyber game changer
The European General Data Protection Regulation is approved and poised to bring new responsibilities that insurers must prepare for.
Axa CEO de Castries warns UK against 'serious consequences' of EU exit
Paris-based Axa CEO Henri de Castries has issued a stark warning ahead of a UK referendum on EU membership by stating that an exit would spark “very serious consequences” for the City of London.
Philippines could achieve 28% premium growth in 2016
The insurance regulator in the Philippines is expecting premium growth of 28% this year.
FCA issues £15.5m in fines to fill hole caused by Eric, Balva and Millburn failures
The Financial Conduct Authority has fined five individuals and two firms a total of £15.5m for their part in a market failure that left hundreds of solictors without valid cover.
UK cyber market to resemble US amid tougher EU penalty regime
The UK insurance market is expected to increasingly follow its US counterpart as incoming EU legislation substantially toughens up penalties for data breaches.
C-Suite: Traditional behaviour is incompatible with technological paradigm
Matthias de Ferrieres is sceptical if the industry will have a digital awakening this year.