Articles
Insurance
Profits at Italian insurer Generali soared in the first nine months of 2018 boosted by a number of factors including disposals; it also enjoyed strong growth in both its property/casualty and life units. 8 November 2018
News
Munich Re has expanded the property/casualty (P&C) reinsurance business by 16 percent year on year in the first nine months of 2018 and chief financial officer Jörg Schneider is confident that this new business is of good quality. 7 November 2018
Insurance
Munich Re is partnering with Berlin-based Fraugster in the area of artificial intelligence-based fraud detection. The reinsurer has also invested in the startup's latest funding round. 7 November 2018
News
Spanish re/insurer Mapfre embarked on an overhaul of its Global Risks business in July, which includes integrating some of the business into Mapfre Re. Eduardo Perez de Lema Holweg, chief executive and chairman of the management committee of Mapfre Re, explains the logic for the restructuring and his perspective on the industry’s health. 7 November 2018
News
Munich Re has taken advantage of organic growth potential in the property/casualty (P&C) reinsurance segment and expanded its portfolio significantly during the third quarter of 2018. 7 November 2018
Insurance
There is no threat to European Union financial stability from insurers in Britain and Gibraltar that have yet to shift contracts with EU customers to the bloc in case of a hard Brexit, Reuters reported on Nov. 5 citing an EU watchdog. 6 November 2018
Insurance
Re/insurer QBE has unveiled plans to consolidate its Asian and European operations into a "large and better resourced" international division; it will also merger its Pacific business with its Australian & New Zealand operations. 5 November 2018
Insurance
Gibraltar based MGA, Pukka Insure has launched a new private car offering backed by QIC Europe. 2 November 2018
News
Swiss Re reported a net income of $1.1 billion for the first nine months of 2018 compared to a loss of $468 million for the same period a year ago, despite an estimated claims burden of $1.6 billion from natural catastrophes and large man-made events. 1 November 2018
Insurance
The chief executive of the London and International Insurance Brokers Association (LIIBA) has told insurance brokers that the key challenge facing them post-Brexit remains the uncertainty around the proposed models for brokers to maintain access to London for European risks. 1 November 2018
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