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CEOs downbeat on prospects for growth in 2020
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The mood among global CEOs has reached a low ebb, with more than half (53 percent) of them expecting the rate of economic growth to decline in 2020, according to PwC’s 23rd Annual Global CEO Survey.   21 January 2020
Life
Artur Klinger will join Everest Re Group’s reinsurance division later this year as managing director of Continental Europe, succeeding Stephan Knipper who is set to retire.   21 January 2020
Hamilton appoints head of property reinsurance in the US
Life
Hamilton Insurance Group has appointed Brad Sforza senior vice president and head of property reinsurance for its new US reinsurance platform.   20 January 2020
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Bermuda’s regulatory regime is among the most effective in the world for combating money laundering and the financing of terrorism and proliferation, according to a mutual evaluation report (MER) of its systems and framework.   20 January 2020
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The private US property and casualty insurance industry saw its net underwriting gains increase to $5.4 billion in the first nine months of 2019, from $4.7 billion a year earlier, according to Verisk, a data analytics company, and the American Property Casualty Insurance Association (APCIA).   17 January 2020
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Gemini Trust Company, a cryptocurrency exchange and custodian, has launched a captive insurance company, Nakamoto, thought to be the first captive to insure crypto custody.   17 January 2020
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Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance, has launched a contingent legal risk insurance (CLRI) product, within its global portfolio of transactional risk products and services.   17 January 2020
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Chubb has welcomed the phase one trade agreement between the US and China, describing it as an “important confidence-building step.”   16 January 2020
Life
Markel has named Margot Green as head of Bermuda claims, responsible for managing the Bermuda casualty, professional liability and property claims teams.   16 January 2020
Life
Chubb has appointed Suresh Krishnan as chief operating officer for its accident and health (AH) business in the US and Canada, a newly created role.   15 January 2020

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