Ben Sloop to succeed James Drinkwater as Amwins Group President
Global specialty insurance provider Amwins Group, has announced the appointment of Ben Sloop as President, effective January 1, 2025.
Ex-Citi employee files wrongful termination lawsuit alleging the bank hid data from regulators
A former managing director at Citigroup is suing the bank and COO for unlawful termination on the grounds of allegedly refusing to provide regulators with false information.
85% of insurers negatively impacted by third-party risks: Dun & Bradstreet
Insurance companies are facing growing third-party risk, with 85% of UK insurers and brokers having experienced negative impacts from such risks, according to a recent Dun & Bradstreet report.
Liberty Mutual’s 2023 net income drops despite strong Q4
Liberty Mutual Holding Company Inc. has reported a net income of $213 million for the full year 2023, down substantially from the $414 million recorded in 2022, despite a strong end to the year.
Podcast: ‘Weekly Wrap’ on market share, powersports
Auto lenders were active in the capital markets last month as credit union issuance picked up, while market share among…
AI stock picker outperforms the S&P 500 by almost 50%
ProPicks, an AI-based stock picker provided to subscribers of Investing.com, has outperformed the S&P 500 by almost 50% since its launch last year.
YES Bank launches API marketplace
India’s YES Bank has launched an online marketplace where startups from a host of sectors can pitch tools integrated with the lender’s APIs.
Tokio Marine Kiln adds Beresford as an underwriter for its Life Sciences team
Tokio Marine Kiln (TMK), an international specialist insurer and part of the Tokio Marine Group, has appointed Adele Beresford as an underwriter within its Life Sciences team, effective immediately.
AI technologies boost computer security, but add to threats
Current Issue, Cyber Risks, Emerging Risks, Technology
New-car sales projected to rise 4.6% in April
New-car sales are expected to rise in April as consumer demand increases amid economic uncertainty. Sales for new vehicles are…
Amazon launches virtual currency for Kindle Fire users
Kindle Fire owners in the US have had 500 new Amazon Coins – worth a total of $5 – deposited into their accounts today to mark the launch of the virtual currency for purchasing apps, games and in-app items.
Money 20/20 Europe 2019 Q&A: World Economic Forum’s Ashley Lannquist
Ashley Lannquist, project lead, blockchain & distributed ledger technology at World Economic Forum, will be taking to the stage at Money 20/20 Europe in Amsterdam to discuss the industry consortia for blockchain innovation on Tuesday this week. Ahead of the session, Finextra spoke to Lannquist about any use cases that have been beneficial for the financial services, the WEF’s work with the technology and how to take an inclusive approach.
SCOR promotes McMurdo to Reinsurance CEO as Blanc announces retirement
Stuart McMurdo is set to replace Michel Blanc as Chief Executive Officer (CEO) of Reinsurance at SCOR, with the latter set to retire in January 2023 after 31 years of service.
Howard Dean appointed President of the FOIL for 2025
Howard Dean, Partner at Keoghs, has been named President of the Forum of Insurance Lawyers (FOIL), an organisation representing 8,000 lawyers and paralegals across 61 corporate firms, for 2025, succeeding Pete Allchorne, Partner at DAC Beachcroft.
Stefano Sola to lead Vesttoo’s capital markets team
Risk transfer and investment platform Vesttoo has announced the appointment of ILS industry veteran and investment executive Stefano Sola as its Global Head of Capital Markets.