Articles
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
Insurance
Short-term trading and the buying of live catastrophe coverage could become much more prevalent with the advent of real-time data—but it is still early days, Luzi Hitz, chief executive officer of PERILS, told Baden-Baden Today. 24 October 2018
Insurance
Distributed ledger technology—blockchain—will level the playing field in the insurance market, but this is probably one of the main reasons it is being held back from more widespread adoption, George Freimarck, managing director of Xceedance Europe, told Baden-Baden Today. 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
While artificial intelligence (AI) and robotics have helped insurers improve their operations and increase efficiency, it has also introduced new risks relating to trust, ethics, security and safety, a new Lloyd's report has suggested. 29 April 2019
Insurance
The shareholders of reinsurer SCOR have rejected the resolution proposed by its activist investor CIAM that suggested its CEO Denis Kessler be removed from the company's board of directors, calling it a "destabilisation attempt" at its annual general meeting (AGM) on April 26. 26 April 2019
Insurance
Bermuda-based property and casualty re/insurer Sompo International has appointed Jonathan Monks and Ben Tasse to strengthen broker/agent relations, business development strategies and interactions with key US distribution markets. 9 April 2018
Insurance
Hannover Re is expecting significant property/casualty (P&C) rate increases, particularly in the regions affected by recent hurricanes in North America, but also elsewhere in the upcoming renewals. 20 October 2017
Insurance
Bermuda-based Third Point Reinsurance has announced that John Berger, chairman of the board of directors, will be stepping down at the end of the term. 9 November 2017
Insurance
Losses from the ongoing California wildfires will likely negatively impact fourth-quarter earnings of companies with material property exposure in the state, Fitch Ratings said. 20 November 2018
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