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JLT to restructure business into three units: reinsurance, specialty, employee benefits
Insurance
Jardine Lloyd Thompson Group unveiled radical plans to restructure the business in its 2017 results, which it hopes will result in annualised savings of £40 million by 2020 for a one-off cost of £45 million spread across 2018 and 2019.   28 February 2018
Floods and COVID uncertainty dominate European renewal talks
Insurance
As the European reinsurance industry gathers in Baden-Baden and discussions over policy renewals come to a head, TigerRisk’s Juan England thinks recent catastrophe events will form a core part of the talks.   19 October 2021
Insurance
Risk modelling and data analytics firm RMS has appointed Pete Dailey as vice president to lead flood model development in its California headquarters.   25 September 2017
Insurance
Talanx, the parent company of Hannover Re, has appointed Torsten Leue as its new chief executive officer. The current CEO, Herbert Haas, will step down from the board of management at the request of the majority shareholder HDI.   10 November 2017
Insurance
The Association of British Insurers (ABI) said on Aug. 24 that the prospect of owners of off-road vehicles needing insurance is unnecessary, unworkable and unfair.   24 August 2017
News
Following regulatory approval, French reinsurer SCOR said on Aug. 24 that it is opening a SCOR Global P&C SE representative office in Nairobi, Kenya.   24 August 2017
Insurance
A drop in underwriting profit and a deterioration of the combined ratio have made net profit at Dubai-based International General Insurance Holdings (IGIH) decline in the first six months of 2017.   21 August 2017
News
Global reinsurers' first half 2017 results provide further evidence of continuing pressure on pricing and earnings, Fitch Ratings said on Aug. 21.   21 August 2017
Insurance
The re/insurance industry loss from extratropical cyclone Friederike (also called David) is currently estimated at €1.466 billion, according to the Zurich-based catastrophe insurance data provider PERILS.   28 February 2018
Insurance
Reech Corporations Group has agreed a significant seed investment in German insurtech start-up FinanzRitter, in the latest addition to its growing pan-European portfolio of fintech businesses.   28 February 2018

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