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Deutsche Rück appoints new chief underwriting officer
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
Allianz seeks expansion in alternative risk transfer through new AGCS structure
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
Willis names head of Central & Eastern Europe, Middle East-Africa
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
Alternative Risk Transfer
Multi-cat bonds or other ILS solutions are the only viable solution for coping with natural disasters in the Eastern European and Commonwealth of Independent States region, and Bermuda could have a big role to play in making this happen, says Kirill Savrassov, chief executive of Bermuda-based Phoenix CRetro Reinsurance.   4 October 2018
Insurance
Hokodo, a London and Paris-based technology startup that recently partnered with reinsurer SCOR for its launch product, has raised €1.9 million in seed funding.   4 October 2018

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