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Insurance
Assessing risk of over 500 active volcanoes, Swiss Re’s global volcano model calculated that large cities face total economic losses of as much as $30 billion. 24 March 2017
Insurance
Specialist Lloyd's insurer Novae's divisional head of casualty Bob Patten is leaving the company after two years. 24 March 2017
Insurance
Zurich-based property/casualty insurer Chubb Group has bought more than twice as much reinsurance protection from ABR Re in 2016 than in the previous year. 24 March 2017
Insurance
Poland's largest insurer Powszechny Zakład Ubezpieczeń (PZU) has announced that its supervisory board has dismissed CEO Michal Krupiński on March 22 from his role with immediate effect. 23 March 2017
Insurance
Reinsurance, wholesale and specialty broker Ed has appointed Joanne Merrick as head of legal, risk and compliance. 23 March 2017
Insurance
Specialist Lloyd's insurer Novae has appointed Steven Burns as an independent non-executive director with effect from March 31. 23 March 2017
Alternative Risk Transfer
PCS designated more catastrophe events in 2016 than in any year since 1980, as Tom Johansmeyer of ISO Claims Analytics, a division of Verisk Insurance Solutions, reports. 23 March 2017
Insurance
The four largest cedants in Germany are boosting reinsurance demand in the country as they take advantage of soft market conditions, according to AM Best’s analysis of the 20 largest cedants. 23 March 2017
Insurance
Germany-based industrial insurer HDI Global has tightened its underwriting discipline and saw its combined ratio and underwriting performance improve in 2016 as a result. 23 March 2017
News
Vienna Insurance Group’s VIG Re plans to grow its reinsurance business in Western Europe, particularly in Germany, the company said in a press release. 23 March 2017
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