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Hannover Re’s CEO bets on traditional reinsurance business despite soft market
Insurance
As the soft market stretches on and new capital continues to find ways to compete on the turf of established reinsurers, the bigger, traditional players are being forced to adapt. Most are increasingly willing to shun unprofitable business while exploring new potential revenues streams and keeping one eye on (and often an investment in) technologies with the potential to change their way of working.   24 May 2017
Insurance
Insurers can increase customer retention and reduce costs by automating the receivables processes with artificial intelligence (AI) technology, claims collectAI.   24 May 2017
Insurance
Ironshore, now a Liberty Mutual Company, has appointed Russell Fisher as vice president of political risk and trade credit to underwrite European business lines, based in London.   24 May 2017
Insurance
Liberty Specialty Markets (LSM), part of the Liberty Mutual Insurance Group, is planning to establish a new subsidiary in Europe to retain its access to the market after Brexit, with an indication as to its location to be confirmed in June.   23 May 2017
Insurance
PERILS has released its second loss estimate for windstorm Thomas, which was also known as Doris. It hit the UK, the Netherlands, Belgium and Germany on 23 and 24 February 2017.   23 May 2017
Insurance
Netherland-based insurance group Aegon has agreed to sell its two largest US run-off businesses, the pay-out annuity business and the Bank Owned / Corporate Owned Life Insurance business (BOLI/COLI), to Wilton Re.   22 May 2017
Insurance
As the re/insurance industry changes and evolves, it is becoming more attractive to young people—and they look increasingly essential to its future. As part of a wider feature available online, Intelligent Insurer speaks to young executives—all 35 and under—who are making waves in the industry.   22 May 2017
Insurance
Motor liability is unlikely to disappear with the emergence of self-driving cars because the critical decisions will remain the responsibility of the driver, UnipolRe CEO Marc Sordoni told Intelligent Insurer.   18 May 2017
Insurance
The introduction of IFRS 17, the new international accounting standard for insurance contracts, is the biggest shake up of insurance reporting for decades as it will impact profit, equity and volatility, as well as reserving and financial reporting processes, according to industry experts.   18 May 2017
Insurance
Dutch insurance and asset management company NN Group posted a significant rise in its first quarter 2017 operating result for its ongoing business, driven by improvements in all segments while the CEO shows optimism about the benefits of the Delta Lloyd acquisition.   18 May 2017

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