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Swiss Re blamed high levels of insurance claims from natural catastrophe events and a challenging business environment for a big slump in its profits in the first quarter of 2017 as gross written premiums at the company also decreased. 4 May 2017
Insurance
Property/casualty insurer Chubb has completed the integration of its key operating companies in Europe. The announcement follows the acquisition of Chubb Corporation by ACE in January 2016, creating a global insurance firm operating in 54 countries. 4 May 2017
News
Swiss Re offered some interesting insights into its future strategic priorities in its results covering the first quarter of 2017 as it emphasised initiatives to close so-called protection gaps in society and opportunities in Asia. 4 May 2017
Insurance
An agile and lean managing general agent (MGA) market may help insurers respond to a soft market which makes finding profitable growth a challenging quest. 3 May 2017
Insurance
In tough times, leveraging the expertise and access to risks that many managing general agents possess can be an enticing prospect for insurers, as Intelligent Insurer discovers. 3 May 2017
Insurance
Allianz enjoyed solid growth in the first quarter, according to preliminary figures published ahead of its full results though profits were down on a mixture of higher catastrophe claims and one off gains in the prior year. 3 May 2017
Insurance
Jo Willaert, the president of the Federation of European Risk Management Associations (FERMA) has been elected president of the International Federation of Risk Management Associations (IFRIMA) for a term of two years. 3 May 2017
Insurance
Munich Re is investing in insurtech start-ups via its subsidiary Digital Partners as it seeks to develop new insurance products and ways to sell insurance to consumers or small businesses. 2 May 2017
Insurance
AXA Insurance UK is transferring its historical disease liability book of business to re/insurer RiverStone Insurance UK. 2 May 2017
Insurance
Interest rates globally remain very low and will further pressure insurers' investment returns in the next few years. For non-life insurers this will mean falling investment income, but for life insurers the insolvency risk is rising, according to Moody’s. 28 April 2017
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