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Insurance
Nice terror attack analysed by RMS
Following the terror attack on July 14 in Nice, involving the driver of a 25-tonne lorry driving full speed into a crowd of people along the Promenade des Anglais avenue, risk modelling company Risk Management Solutions (RMS) has commented on the exceptional nature of the attack.   15 July 2016
Insurance
Gable realigns business model after solid growth but losses
Gable, a European non-life insurance company, enjoyed solid growth last year but also made heavy losses and has revealed more about a strategic review designed to return the business to profitability and meet Solvency II requirements.   15 July 2016
Insurance
AXA hires former Allianz underwriting manager
AXA Insurance has expanded its London-based commercial real estate team through the appointment of Anneke Sims as underwriting manager.   15 July 2016
Insurance
XL Group and Aspen release cat loss estimates for Q2 2016
XL Group and Aspen Insurance Holdings have both issued estimates for their natural catastrophe losses in the second quarter of 2016.   14 July 2016
Insurance
Conning's risk management software supports Talanx's Solvency II model
Conning, an investment manager and financial risk modeling software company, has had its GEMS Economic Scenario Generator and FIRM Portfolio Analyzer software approved by BaFIN, a German regulator.   14 July 2016
Insurance
LMG puts forward ILS solution for catastrophes
The London Market Group (LMG) has released a white paper to discuss the creation of a foreign aid catastrophe bond (FAB) at a roundtable in the House of Commons.   14 July 2016
Insurance
Adapt or become irrelevant, claims AM Best Special Report
European mutual insurers have reached a point where they must embrace change or face possible irrelevance in the market, claims AM Best in a new report.   14 July 2016
Insurance
2016 global cat loss bill already $70bn: Munich Re
Powerful earthquakes in Japan and Ecuador, storms and flooding in Europe and the US and forest fires in Canada have contributed to total losses of $70 billion for the first half of 2016, significantly higher than the corresponding figure of $59 billion the previous year, according to a Munich Re report.   13 July 2016
Insurance
Insurers seek alternative growth strategies as M&As dwindle
The number of completed mergers and acquisitions (M&A) transactions in the insurance industry has fallen from a three-year high point in the first half of 2015, according to Clyde & Co’s Search for Growth Report.   13 July 2016
Insurance
Slice Labs partners with Munich Re to release insurance platform
Slice Labs, an insurtech start-up, has partnered with Munich Re in the follow up to the release of its on-demand insurance platform.   13 July 2016

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