Content from L.S. Howard
Lloyd’s to Name Ex-CEO of Marsh Europe as New Chairman
Bruce Carnegie-Brown, former CEO of Marsh Europe and non-executive chairman of Aon UK, will shortly be named the new chairman of Lloyd's, according to market sources. He succeeds John Nelson, who had ...
Insurance CEOs Worry More About Disrupters Than Execs in Other Industries: PwC
Insurance CEOs are more concerned than leaders in other industries about combined disruptive threats to their revenue growth prospects, according to findings from the 20th annual "PwC Global CEO ...
Blockchain Insurance Industry Initiative B3i Grows to 15 Members
The Blockchain Insurance Industry Initiative B3i, which was launched in October 2016 to explore the potential use of distributed ledger technology, has grown to 15 members from its original five. ...
Europe’s Firms, Unprepared for Cyber Risks, Face Breach Disclosure Law
European companies are unprepared to cope with the reality of today's cyber risks, according to a new report from Marsh & McLennan Cos. (MMC) and cyber security company, FireEye. However, ...
W.R. Berkley Suspends London-Based Marine Underwriting
W.R. Berkley has put under review and is suspending underwriting for its London marine book until it can determine the direction of this business going forward. W/R/B Underwriting, the company's ...
Jan. 1 Renewal Results: Some Price Stabilization, Record Capital, Demand Uptick
The challenging operating environment confronting reinsurers has led to some price stabilization at the Jan. 1, 2017 renewals, as they face the reality of deteriorating results and margin ...
Insurers and Reinsurers Confront Brexit Cost Implications: A.M. Best
The cost implications of the loss of passporting rights after the UK exits the European Union will weigh on re/insurers, as will any resultant economic downturn. However, A.M. Best does not ...
Reinsurance Capacity Still Outpacing Demand Growth
Capacity continues to outpace the growth of reinsurance demand despite insurers' continued efforts to optimize their view of reinsurance as capital and expand into growing lines of business and ...