Articles

Technology

EXCLUSIVE: Allianz to target new markets through digital push

German insurance giant Allianz is boosting its digital capabilities in products and distribution and is planning to apply them to enter new markets, Allianz SE’s first chief digital officer Solmaz Altin told Intelligent Insurer.   24 August 2016

Insurance

Interest rates hit Solvency II ratios across UK life sector

Solvency II ratios declined in the first half of 2016 across the UK life insurance sector, driven by a fall in interest rates, particularly following Britain’s decision to leave the EU, according to Fitch Ratings.   23 August 2016

Insurance

EPUL advances business growth strategy with MD appointment

European Property Underwriting (EPUL), a commercial property managing general agent (MGA), has promoted Andrew Whittaker to the position of managing director (MD).   22 August 2016

Insurance

RMS introduces hazard data suite for flood risk in Europe

RMS has introduced a suite of Europe inland hazard data, which provides high-resolutions insight that allows for an accurate estimation of flood risk.   19 August 2016

Insurance

S&P claims persistent low interest rates could hit profitability of French life insurers

French life insurers' profitability could suffer if current very low interest rates continue, according to S&P Global Ratings in its latest report, titled “Persistently ultra-low interest rates could mean ultra-low earnings for French life insurers by 2020”.   18 August 2016

Insurance

PCS creates historical database for Turkish cat loss estimates

Property Claim Services (PCS), a Verisk Analytics business, has launched its historical database of industry-wide catastrophe loss estimates for Turkey.   18 August 2016

Insurance

Insured catastrophe losses up 51% YOY in H1 2016

Earthquake in Japan, thunderstorms in the US and Europe, and wildfires in Canada collectively caused $31 billion of insured losses in the first half of 2016, up 51 percent from the same period in 2015, according to estimates made by Swiss Re ahead of its sigma report.   18 August 2016

Insurance

QBE vows to protect margins by being less reliant on brokers and Lloyd’s

In order to protect margins in the current low interest rate and soft market environment, QBE is determined to fend off brokers’ demand for fee increases, strengthen direct distribution and avoid business in the Lloyd’s market as this comes at higher cost.   17 August 2016

Insurance

Brexit: Preparing for uncertainty

Now that the immediate post-referendum dust has settled, the re/insurance industry is taking a close interest in the nature of the UK’s negotiations around leaving the EU and what it will mean for cross-border trade. Intelligent Insurer reports.   16 August 2016

Insurance

Cat pricing pressure likely to haunt re/insurers for a while

While rates are showing signs of flattening out, the soft market is far from over and reinsurers are having to make tough choices on retaining market share versus protecting profits. Intelligent Insurer reports.   16 August 2016

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