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Insurance
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, 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
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
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
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
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, 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
Insurance
SCOR has commended the Paris administrative court’s decision requiring the French Government to "terminate the agreement regarding the State's guarantee of the Caisse centrale de reassurance, [....] insofar as the CCR's natural catastrophe reinsurance business is concerned, within one year". 13 July 2016
Insurance
Reinsurer, Vienna Insurance Group Re (VIG), has hired Ivana Jurčíková as its chief financial officer (CFO), effective September 1. 12 July 2016
Insurance
The French Federation of Insurance (FFA) has been established following the merging of the French Federation of Insurance Companies (FFSA) and the Association of Mutual Insurance Companies (GEMA). 12 July 2016
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