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Activist investor CIAM has criticised SCOR’s Quantum Leap strategy, launched in early September, as “nothing innovative”, claiming it “mainly relies on new accounting standards (IFRS17) to revalue the reinsurer by 2021, without significant intrinsic value creation”. 30 September 2019
Insurance
Industrial lines insurer HDI Global SE has appointed Thomas Stamm as the new chief underwriting officer (CUO) property/Casualty of its Swiss branch. 30 September 2019
Insurance
Swiss insurer Helvetia is entering the aviation insurance market offering worldwide coverage for passenger liability, third-party liability and comprehensive cover with a maximum limit of $125 million. 30 September 2019
Insurance
Hailed as one of the few insurtech technologies with the potential to transform the centuries-old re/insurance industry, blockchain is finally moving from 'hype' to reality as companies are becoming increasingly focused on investment returns and solutions with real-world use. 26 September 2019
Insurance
Berlin-based artificial intelligence (AI) powered insurtech start-up omni:us has secured €1.6 million of European Commission funding to develop its machine learning-powered insurance claims platform. 26 September 2019
Insurance
Trak Global has appointed Leon Hurst to head up its growth plans in the automotive and mobility sectors. 25 September 2019
Insurance
Zurich Insurance Group said it will have a zero-emission portfolio of investments by 2050, and is committing to other actions on climate change, as it warned that the world is behind schedule on tackling the problem. 25 September 2019
Insurance
AXA XL Insurance has hired Saverio Longo as country leader for its Italian operations, succeeding Simona Fumagalli, who was appointed head of international financial lines, Europe in July. 25 September 2019
Insurance
Specialist renewable energy insurer GCube Underwriting has bolstered its European presence with the expansion into new offices in the Netherlands and the appointment of two senior hires from NN Group. 24 September 2019
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has expanded its global footprint by opening a new office in Madrid, and hired its country manager from RSA Spain. 23 September 2019
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