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London
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StockWatch: RSA rises 4% as it readies £350m bond issue
Ardonagh Ebitda soars 50% in H1
Insurers must act now to address AI bias
Algorithmic trading has been identified as a ‘significant harm function’ in the Senior Managers and Certification Regime which now applies to insurers
Bermuda
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Axis Re Bermuda president Kiernan exits
Executive departs after 13 years with the carrier
Adams to head Everest Insurance Bermuda
Kyle Adams was previously co-chief executive of JLT Specialty Bermuda
Bermuda 'to remove tier 3 capital ambiguity'
Europe
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StockWatch: RSA rises 4% as it readies £350m bond issue
Ardonagh Ebitda soars 50% in H1
HDI Global appoints Zurich's Betz to management board
Americas
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Axis Re Bermuda president Kiernan exits
Executive departs after 13 years with the carrier
Allianz strengthens presence in Brazil with SulAmérica deal
German insurance giant acquires property and casualty operations for €667m
US commercial property rates surge as insurers toughen stance
Asia-Pacific
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Legal Focus: Aggregation clause put to the test in Australian courts
B3i adds China Pacific as investor
Krosa weakens to tropical storm as it hits Japan
Middle East and Africa
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Swiss Re to open office in Ivory Coast
Reinsurer expects Abidjan office to be fully operational by October 1
Viewpoint: War risk carriers on hostile ground despite rate increases
With underwriting criteria more strictly applied and capacity reduced, more carriers are likely to exit the market while others sit tight and watch the political situation in the Strait of Hormuz unfold
War risk market drops higher pricing for UK-flag tankers
British-flag tankers no longer subject to price discrimination for trips to the Gulf, provided they are under naval escort
Global
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Viewpoint: Putting intersectionality at the heart of diversity and inclusion
Diversity and inclusion programmes need to be about more than individual identifiers like gender, race or sexual orientation
Allianz strengthens presence in Brazil with SulAmérica deal
German insurance giant acquires property and casualty operations for €667m
Viewpoint: Can the Uber strategy work for commercial insurance?
Simply beating the competitors on price can work in the direct-to-consumer environment, but it is more difficult to do in the broker intermediated B2B context
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