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Specialist re/insurance market Lloyd’s of London has revealed that it will write facultative reinsurance and non-proportional excess of loss (XoL) treaty reinsurance on Lloyd’s Brussels paper from 1st January 2019 across all markets in the EEA. 30 October 2018
Insurance
Swiss Re has partnered with Denver-based geospatial insurance technology company SpatialKey to offer P&C insurers multiperil hazard data through SpatialKey’s proprietary underwriting solution. 13 February 2018
Insurance
Allianz Group has appointed replacements for regional head of specialty lines in North America John Barnwell who is retiring after more than 20 years with the company. 15 December 2017
Insurance
AXIS Re plans to fundamentally change its offering by becoming more client-focused, offering bespoke, structured, reinsurance deals and expanding its footprint in Asia. By doing this, and making other changes, it is targeting becoming a top 10 reinsurer, Steve Arora, chief executive of AXIS Re, told Monte Carlo Today. 11 September 2018
Insurance
Dutch insurer NN Group saw a major net result loss in its full year results but Lard Friese, NN Group’s CEO, pointed to a positive operating result in a year that saw the integration of Delta Lloyd and a major cost reduction program. 14 February 2019
Insurance
Germany-based insurance group Allianz is consolidating its European direct business by establishing a new pan-European risk carrier and has appointed Bart Schlatmann CEO of this operation. 31 August 2018
Insurance
Lloyd’s said that after taking specialist advice it believes that Lloyd’s underwriters are well positioned to write Canadian cannabis business subject to compliance with local Canadian requirements. 31 August 2018
Insurance
The challenge of how to respond to insurtech is one of the biggest concerns of top executives in the industry, according to a survey conducted earlier this year by AdvantageGo, part of NIIT Technologies. 24 October 2018
Insurance
US-based niche insurer Markel Corporation has announced its plan to incorporate and capitalize a German insurance company in Munich, within the first half of 2018, to support its EU-27 growth strategy post Brexit. 18 May 2017
Insurance
AM Best has raised the net environmental losses for the US property/casualty (P&C) industry by $4 billion to an estimated $46 billion, taking industry losses for asbestos and environmental (A&E) to $146 billion. 29 November 2018
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