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Insurance
Czech Republic-based reinsurer VIG Re has realigned its organisational structure and management responsibilities. The changes, which it claims will drive “operational efficiencies”, are effective from April 1, 2018.   5 March 2018
Insurance
The Prudential Insurance Company of America (PICA) and UK-based Scottish Widows have agreed to their first-ever longevity reinsurance agreement. PICA has assumed the longevity risk for approximately $1.8 billion (£1.3 billion) of annuity liabilities held by Scottish Widows.   5 February 2018
Parametric solutions are increasingly attractive for reinsurers
Insurance
Hiscox explains why it is especially interested in parametric cyber.   19 October 2020
Insurance
Claims handling has changed hugely thanks to advances in technology, a panel at the Intelligent Automation in Insurance: unlocking the artificial intelligence revolution conference, taking place in London today, has found.   26 April 2018
Alternative Risk Transfer
Pool Re has appointed GC Securities, a division of MMC Securities LLC, as its insurance-linked securities (ILS) advisor and placement agent.   25 April 2018
Insurance
Trade credit insurer Euler Hermes has appointed Alexia Parmentier and Tim Hoggarth as co-heads of its London-based excess of loss (XoL) unit with immediate effect.   17 January 2017
Insurance
Claims of an allegedly “highly irregular” loan have emerged during the poaching case brought by Arthur J Gallagher (AJG) against the Ardonagh group, which has prompted references to “industrial espionage” from the claimants.   20 March 2019
Insurance
AI-powered insurtech firm Lemonade Insurance Company has filed a lawsuit against ONE Insurance, its parent wefox Group and founder Julian Teicke, over claims of it copying Lemonade’s app and website.   15 June 2018
Insurance
Russia's insurance market has reached a positive turning point as premiums grew in 2018 driven by life and non-life products, however, credit ratings agency AM Best warned that the recovery was “fragile” as threats remain.   18 July 2019
Insurance
Arno Junke, the chief executive of Deutsche Rück and the Association of German Public Insurers (VöV), has left both positions as of December 31, 2017.   2 January 2018

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