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Insurance
Re/insurer Mapfre has estimated that losses stemming from the recent natural disasters in North America and the Caribbean will cost it between €150 million and €200 million on its 2017 net result. 27 September 2017
Insurance
State Auto Labs Corp., the innovation arm of the State Automobile Mutual Insurance Company, has launched a $25 million corporate venture fund to support entrepreneurs and innovations in the insurance industry. 27 September 2017
Insurance
Chubb Insurance has revealed several key changes to its leadership team in Pakistan, following the retirement of CEO and chairman Zehra Naqvi. 27 September 2017
Insurance
Allianz Insurance has appointed Ibi Moghraby to the role of director, business change. 27 September 2017
Insurance
The insurance market needs a new and fresh approach – it can’t just keep patching issues up, according to Tobias Taupitz, founder of insurtech start-up Laka. 27 September 2017
News
Trade bodies and re/insurers have welcomed the news that the EU and the US have signed a bilateral agreement on insurance and reinsurance after more than 20 years of discussions and a year of formal negotiations. 25 September 2017
Insurance
Broker Willis Towers Watson said on Sept. 19 that it appointed Albert Li as head of Hong Kong and Taiwan for its insurance consulting and technology business. 19 September 2017
Insurance
“Change may indeed be inevitable. Successful change, however, is not.” That was the winner of our quote of month competition in August. Here, with that in mind, we introduce the first Editor’s Choice Awards in which we identify the companies, ventures and individuals best equipped to make change successful. 14 September 2017
News
Losses from Hurricane Harvey and Irma could mean that Munich Re will miss its profit guidance of €2.0–2.4 billion for 2017, the company said in a Sept. 13 press release. 14 September 2017
Insurance
Hurricane Irma, which hit Florida over the past weekend and is expected to result in $16-26 billion of reinsured losses, will trigger rate increases of 4-5 percent for US nat cat reinsurance cover, according to Sept. 14 research by asset manager AllianceBernstein. 14 September 2017
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