Articles
Insurance
Munich Re expects around €350 million net profit for the full year of 2017 subject to fourth quarter developments but sees significant signs of improvement in the operating environment for 2018, chief financial officer Jörg Schneider suggested. 9 November 2017
Insurance
Munich Re incurred a net loss of €1.4 billion in the third quarter of 2017 due to the impact of natural catastrophes in North America but expects “significant” market recovery. 9 November 2017
Insurance
Zurich Insurance Group posted a steady set of results for the first nine months of the year but said that it anticipated improvements in pricing now on the back of the recent heavy cat losses in North America. 9 November 2017
Insurance
Hannover Re expects a net profit of €800 million for the full year of 2017 after the reinsurer sells off its listed equity portfolio, despite nat cat losses exceeding its large loss budget. 8 November 2017
Insurance
MAI CEE, an independent insurance broker in Central and Eastern Europe, has appointed Ewelina Jaworska as group employee benefits leader. 8 November 2017
Insurance
Switzerland-based Zurich Insurance Group has entered into a definitive agreement with Catalina Insurance Ireland to transfer its German legacy medical malpractice liabilities portfolio. 8 November 2017
Insurance
The German insurance industry has yet to catch up with digitisation and may face sudden disruption if a big player takes an innovative approach to the market. 7 November 2017
Insurance
As the UK prepares for the introduction of automated vehicles, legislators are developing a new legal framework to clarify arising liability issues. 6 November 2017
Insurance
Lloyd’s syndicate Probitas 1492 appointed Marcus Bale as head of strategy and development for retail as it moves ahead with its growth plans. 6 November 2017
Insurance
Advent Claims, the insurtech-led claims third party administrator (TPA) signed an agreement to administer all claims for Aquila Underwriting-backed managing general agent (MGA) Principia Underwriting. 6 November 2017
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