Latest North America News
Pete Chandler becomes President & CEO of BMS Re U.S. in the changes.
New heads named for Middle Market, Small Business/Lower Middle Market.
Collaboration will offer local governments access to specialist cover, including cyber and flood.
Ratings agency unveils lists of top insurers by net premium written and non-banking assets.
Letter to shareholders urges them to reject request of activist shareholder.
Will continue with company in an executive advisory position.
Is collaboration the new model as specialist reinsurers back a new generation of tech-fuelled MGAs?
As new losses disrupt this normally quiet line, experts ponder impact on rates.
Broker had been approaching an end-of-November deadline on the deal.
CEO Alan Colberg outlines the changes brought to its management structure, its risk selection and its embrace of new technologies.
Earnings per share ticked up to $0.79 for the quarter while underlying revenue at Guy Carp increased by 4% on the prior year period.
Michael Westwood will head the unit which is focused on providing insurance solutions for business networks.
Unstructured and underused data may be a gold mine for re/insurers according to CSC and Xchanging.
Willis Re’s chief executive John Cavanagh remains optimistic at his company’s future growth prospects even though market conditions are tough.
Developing products that actually meet the needs of those in emerging economies, as well as creating reliable and user-friendly ways of both paying premium and collecting claims, will all determine whether the multi-company multi insurance venture incubator is a success, says Aspen’s Mario Vitale.
Profiles: Contrary to the diverse consumer base insurance serves, most industry C-suites are dominated by white, older men. Reactions speaks to some of the industry’s most renowned women as well as what can be done to get more women in the industry.
Interview: The top threat to catastrophe reinsurer RenaissanceRe’s new CEO Kevin O'Donnell maintaining his predecessor’s enviable returns is a flood of alternative reinsurance capacity settling for single-digit returns. He is bullish about RenRe's future.
Interview: The National Flood Insurance Program (NFIP) is unsustainable, says Swiss Re’s Americas CEO Eric Smith. He and others are now suggesting that the private sector needs to take up some of the burden to ensure flood protection remains in the US.