Articles
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Markus Hefel as deputy country manager for Switzerland. 12 October 2018
Insurance
In the event that the UK leaves the EU with no transition or implementation period before Lloyd’s transfers the European Economic Area (EEA) business to its Brussels subsidiary, Lloyd’s underwriters will continue to honour their contractual commitments including the payment of valid claims, according to a corporate statement. 11 October 2018
Insurance
Achim Bosch has been appointed chief underwriting officer for Deutsche Rück and the reinsurance division of the Association of German Public Insurers with effect from Jan. 1, 2019. 10 October 2018
Alternative Risk Transfer
Allianz is targeting an expansion in alternative risk transfer ART) through a new structure and leadership at its corporate solutions unit Allianz Global Corporate & Specialty (AGCS). 9 October 2018
Insurance
Broker Willis Towers Watson has appointed Pamela Thomson-Hall as the head of the Central and Eastern Europe, Middle East, and Africa (CEEMEA) region. 9 October 2018
Insurance
Consulting and digital solutions provider Davies group is acquiring Ember group, a customer experience (CX) consulting and digital solutions business. 9 October 2018
News
Swiss Re believes it can insulate itself from downwards pressure on rates in the reinsurance market by offering clients value-added services such as data, technology and expertise, head of reinsurance Moses Ojeisekhoba, told Intelligent Insurer. 8 October 2018
Insurance
Lancashire Holdings has issued a profit warning for its third quarter 2018 results due to losses in its marine and catastrophe re/insurance portfolios. 8 October 2018
Insurance
Extratropical Cyclone Xavier that primarily affected Germany on October 5 of 2017 will cost insurers approximately €324 million, according to the final loss estimate of PERILS. 5 October 2018
Insurance
A new ownership structure for CNP Assurances, a French provider of life insurance and term creditor insurance, could make it harder for the insurer to negotiate or retain distribution deals with other banks, notable BPCE, creating some strategic uncertainties, according to Moody’s. 4 October 2018
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