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A watchful eye on insurtech
Insurance
Keeping pace with developments in insurtech and attracting and keeping the best talent are high on the agendas of executives attending Baden-Baden this week, according to an online survey carried out by Intelligent Insurer ahead of this renewals season.   24 October 2018
Insurtech a big concern: survey
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
Challenges of internal models
Insurance
As Solvency II-based capital regimes further impact internal capital models, greater clarity around a company’s view of risk is becoming more important, but optimising model infrastructures is often limited by platform inflexibility, computational power and cumbersome approval processes, according to three executives from Guy Carpenter who debated this issue.   24 October 2018
Insurance
The Talanx Group, which owns Hannover Re, has outlined ambitious targets for 2019 and beyond – one way it plans to achieve these is by consolidating its reinsurance buying programme.   23 October 2018
Insurance
Hannover Re Group has revealed that Michael Pickel will succeed Ulrich Wallin as chief executive officer (CEO) of its German reinsurance subsidiary E+S Rück.   23 October 2018
Insurance
French insurer AXA is planning to sell all its insurance operations in Ukraine and exit the Ukrainian market.   23 October 2018
Insurance
Italian insurer Generali will acquire Polish asset management company Union Investment TFI from the German Group Union Asset Management Holding to bolster its presence in central and eastern Europe (CEE).   23 October 2018
Insurance
Intermediary Hyperion Insurance Group will establish a new technology-focused business that will manage the group's third-party insurtech investments, as well as incubate its own start-up ventures.   23 October 2018
Insurance
Property/casualty insurer Liberty Mutual Insurance is undertaking a strategic review of its London-based Pembroke Managing Agency, which came into its portfolio when it acquired lronshore in May 2017.   23 October 2018
Insurance
Azur, a managing digital agent (MGA), has completed its series B funding round, raising £13.3m of funding and support from AIG, Ascot Group (owned by CPPIB, the Canada Pension Plan Investment Board), Hyperion Insurance Group and the serial fintech angel and entrepreneur Richard Little.   23 October 2018

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