Insurance Roundup, August 10, 2017


Global Risk Insights

  • The domestic and global shocks of the growing water crisis in China

    by Ben Abbs on 2017-08-10 at 12:00The reverberations of China’s water security crisis have already had global implications, notably encouraging the Arab Spring. The post The domestic and global shocks of the growing water crisis in China appeared first on Global Risk Insights. […]

  • Algeria’s battle against terror

    by Emily Boulter on 2017-08-10 at 09:00The Islamic State in Algeria has faced a pushback as the local authorities are no strangers to counterterrorism. The post Algeria’s battle against terror appeared first on Global Risk Insights. […]

  • Significant Barriers Remain for Asia’s RCEP deal

    by Peter Hays on 2017-08-08 at 12:00India’s commerce secretary claims “enough political will [exists] to expedite the conclusion” of RCEP. Yet many barriers, both economic & political remain. The post Significant Barriers Remain for Asia’s RCEP deal appeared first on Global Risk Insights. […]

  • Activist investors: More harm than good

    by Arthur Guarino on 2017-08-08 at 08:00The role of activist investors in American boardrooms has grown in recent years. But the dilemma is whether they make a positive impact on a company or do more harm than good. The post Activist investors: More harm than good appeared first on Global Risk Insights. […]

  • Trump’s burn book: NAFTA negotiations will only extend Chinese influence in the Americas

    by Joanna Eva on 2017-08-07 at 12:00Trump once labelled NAFTA, “the worst trade deal maybe ever signed anywhere”. This month, he unveiled the NAFTA negotiating agenda, providing a template for trade negotiations yet to occur with other countries – such as China, Germany, and Japan. With an emphasis on tackling tax systems and […]

Claims Journal

  • Study Finds Safety Guidelines Aren’t Always Implemented for High School Athletes

    on 2017-08-10 at 09:40A high school sports study conducted by the Korey Stringer Institute and sponsored in part by the NFL shows that many individual states are not fully implementing key safety guidelines to protect athletes from potentially life-threatening conditions, including heat stroke. […]

  • EPA Says it Won’t Review Mine Spill Claims of State or Tribe That Sued

    on 2017-08-10 at 08:48Days after the Environmental Protection Agency pledged to reconsider damage claims it previously rejected after a mine spill, the agency said Monday it could not review multimillion-dollar requests from the state of New Mexico and the Navajo Nation because both […]

  • 10 Tulsa Businesses Condemned Following Tornado Damage

    on 2017-08-10 at 08:37Ten businesses in a Tulsa, Okla., shopping district were so badly damaged by a weekend tornado that they have been condemned, including the TGI Fridays and Whataburger restaurants where several people were injured, city officials said Monday. Notices posted by […]

  • More Widespread Flooding in Houston Area

    on 2017-08-10 at 08:34Heavy rains that caused flooding in some parts of the Houston area and prompted about two-dozen water rescues on Tuesday seemed to have stopped just before getting worse but with more rain expected authorities remain on guard and residents should […]

  • Coast Guard Hearing Focuses on Deadly Crab Boat Sinking

    on 2017-08-10 at 08:31A hearing into what caused a Seattle, Wash., crab boat with six people aboard to sink in the Bering Sea will focus on weather and human factors, as well as the stability of the fishing vessel before it went missing […]

Insurance Journal

  • Maryland Insurance Administration Names Associate Commissioner of Compliance

    on 2017-08-10 at 13:04The Maryland Insurance Administration has appointed Erica J. Bailey as its associate commissioner of compliance and enforcement. Bailey brings 15 years of experience to the team, including the last ten investigating healthcare fraud as a prosecutor. As associate commissioner, Bailey […]

  • USG Promotes Faust and Whiting in Pennsylvania Office

    on 2017-08-10 at 12:56USG has promoted Becca Faust to production manager and Amy Whiting to brokerage manager in its Canonsburg, Penn., office. This move is the most recent change USG has implemented in its plan to expand operations nationwide and continue to provide […]

  • RSA Names Former Aspen Executive Khaitan as COO for Global Risk Solutions

    by L.S. Howard on 2017-08-10 at 10:49RSA Insurance has appointed Anny Khaitan as chief operating officer (COO) for its Global Risk Solutions (GRS) business. Khaitan is responsible for GRS’ operations, change, IT and risk & compliance across offices in the UK, Europe & DIFC. She reports […]

  • Trump Seeks 18 Month Delay, Rewrite of Parts of Fiduciary Rule

    by Andrew G. Simpson on 2017-08-10 at 10:47The Trump administration is moving to further delay part of an Obama-era rule to require brokers who offer retirement advice to put their customers’ interests ahead of their own. The U.S. Department of Labor said in a court filing Wednesday […]

  • Novae Group Appoints Beazley’s Cragg as Chief Operating Officer

    on 2017-08-10 at 10:35Novae Group plc, the specialist listed Lloyd’s insurer, announced the appointment of Adam Cragg as group chief operating officer. He reports to Matthew Fosh, chief executive officer of Novae. Cragg brings 25 years of experience in the insurance industry to […]

Asia Insurance Review

  • Saudi Arabia: Saudi Re expands to Lloyd’s mart through acquisition

    on 2017-08-10 at 21:11Saudi Re has signed a Memorandum of Understanding with Probitas Holdings (Bermuda) Limited (PHBL) to purchase 49.9% of the shares of the latter. […]

  • India: Insurers lack client touchpoints in their digital technology

    on 2017-08-10 at 21:11While many Indian insurers have adopted various digital technologies, primarily mobile-based touchpoints for their customers and distributors, the potential of digital technologies to significantly affect their operations and customers has not been explored yet, says a report presented by the […]

  • Taiwan: Regulator urged to act boldly to promote insurance access

    on 2017-08-10 at 21:11The Taiwanese insurance regulatory authorities are urged to take bolder steps than they had already taken to improve consumers’ access to protection products in a transparent manner by leveraging innovative products and technologies. […]

  • Australia: Switching insurers unlikely to resolve price concerns

    on 2017-08-10 at 21:11Comparison tools will not address the rising affordability concerns surrounding health insurance, the Commonwealth Ombudsman has said, arguing that switching between insurers and policies is not the issue. […]

  • Asia: New business surge leads to embedded value growth

    on 2017-08-10 at 21:11Total reported Asian embedded value (EV) grew by 15.3% on a comparable basis to US$339 billion in 2016 from US$294 billion the previous year, says Milliman, the global provider of actuarial and related products and services in a study on reported year-end 2016 EV results for several major insurance […]

Canadian Underwriter

Canadian Insurance Top Broker

Insurance Business Magazine – US


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