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CCR Re, the French government backed reinsurer, has announced the appointment of Andreas Ofner as vice president of treaties for Germany, Austria and Switzerland. 23 October 2017
Insurance
The insurtech revolution is already challenging re/insurers, but those who feel they were on the front foot may not have contended with the possibility that change could be much more fundamental than they realised. Paul Cuatrecasas, an expert in acquiring technology companies, tells Intelligent Insurer more. 18 October 2017
Insurance
Insured losses from the Californian wildfires will be close to $4.6 billion and growing as the fires continue, Moody’s said in an Oct. 16 sector comment. 18 October 2017
Insurance
Nat cat losses are set to increase from what companies have so far reported for the third quarter as the sum of these preannouncements still don't appear to add up to even the lower end of expected third-quarter industry losses of $75 billion, Credit Suisse analysts said in an Oct. 17 research note. 17 October 2017
Insurance
The covered agreement signed between the US and the EU has the potential to free up billions trapped in onerous collateral requirements. But UK re/insurers must remember the deal will not cover them post-Brexit. Intelligent Insurer reports. 13 October 2017
Insurance
S&P Global Ratings said on Oct. 12 that it revised its outlook for Lloyd's to negative from stable. 12 October 2017
Insurance
Australian insurer Suncorp has appointed Gary Dransfield as the new CEO of insurance, replacing Anthony Day who has decided to leave the company after serving for almost 10 years. 12 October 2017
Insurance
Property/casualty insurer Chubb has appointed Edward Rayfield as head of casualty in Singapore. 12 October 2017
Insurance
China’s regulator has banned China’s Bohai Life Insurance from providing financial aid “in any form” to HNA Group in the next six months while it improves its corporate governance, Reuters reported on Oct. 12. 12 October 2017
Insurance
The Chartered Insurance Institute (CII) has appointed Jeremy Trott as the new chair of its claims faculty board. 12 October 2017
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