Articles
Insurance
The insurance industry should not become obsessed with developing new products driven by technology and fears of competition from new entrants but should instead concentrate on their core business, according to Arno Junke, chief executive officer of Deutsche Rück. 14 November 2016
Insurance
Digitally-focused new players in the insurance industry are increasingly threatening the market dominance of traditional insurers in a dynamic that could ultimately force the incumbent players to become nothing more than risk carriers, the COO of Hiscox has warned. 11 November 2016
Insurance
Skuld, a marine insurer, will rename SMA/Gerling Norway as Skuld Marine Agency (SMA) when it completes its acquisition of the insurer by the end of the year. 11 November 2016
Insurance
Germany’s Allianz reported a net profit of €1.9 billion for the third quarter of 2016, up 36.5 percent compared with the same period a year ago. 11 November 2016
Insurance
HDI Global SE, an industrial lines insurer, is selling its Norwegian subsidiary companies, Scandinavian Marine Agency and Gerling Norge, to Norwegian insurer Skuld. 11 November 2016
Insurance
Specialist credit and political risk insurance broker BPL Global has appointed Emma Ashworth as a company director. 10 November 2016
Insurance
European insurers are accelerating their investment into infrastructure, and Aviva’s plan to more than treble its exposure to infrastructure emphasises this trend, according to Fitch Ratings. 10 November 2016
Insurance
Hannover Re shrank its book slightly in the first nine months of 2016 as it pursued a “margin-oriented underwriting approach” but its profits increased and it said it is on track to achieve its full year profit target of at least €950 million for the full 2016 financial year. 10 November 2016
Insurance
Italian insurer Generali’s gross written premium dipped in the first nine months of 2016 but this was mainly due to increased discipline in its life business; its property/casualty units have enjoyed some growth. 10 November 2016
Insurance
Zurich Insurance registered a net income of $912 million in the third quarter compared to $207 million in the same period of 2015. 10 November 2016
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