Latest North America News
Maersk's adoption of blockchain for some of its maritime insurance needs and the selection of B3i's blockchain platform are all steps towards integration of blockchain technology into the insurance value chain despite certain pitfalls.
The Karfunkel-Zyskind family's bid to take AmTrust private is nearing completion after the carrier's shareholders gave the go-ahead to the deal, paving the way for them to receive $14.75 per share.
Just two events accounted for 60% of the firm's catastrophe losses for the month.
Two of the largest insurance organisations in the US have begun discussing a possible merger.
Confidence about tackling flood insurance is high although rising sea levels may be more than the re/insurance industry can handle.
Jardine Lloyd Thompson Capital Markets has completed the placement of its first Market Re cat bond lite structures of 2018 with the unknown cedant securing $84m of protection.
Steadily rising interest rates in the US will likely rock the insurtech boat more than most other factors, believes one executive.
Insurers must throw their support behind start-ups whose ideas interest them or they face losing business to them in the future, Hamilton Insurance Group's chief executive Pina Albo has warned.
Former Chubb executive Eric Koppang has been appointed to Everest Insurance's specialty casualty team in order to expand the firm's presence in the excess and surplus lines space.
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.
Interview: Swiss Re’s Canada CEO believes consolidation among Canadian insurers will boost reinsurance demand as well as kick-start cat bonds. Insurers are also looking for reinsurance as a result of onerous new solvency requirements for BC earthquake.
In this month's Reactions