Articles
Insurance
PERILS has updated its loss estimate for extratropical cyclone Dragi-Eberhard with a revised figure of €798 million. This is an increase from the initial loss of €740 million, which was issued by Perils on the 18th of April 2019. 7 June 2019
Insurance
Global reinsurance pricing is “a firming market” rather than a hard one, according to S&P Global, which suggested that “green shoots” could be on the way for reinsurers in 2019. 7 June 2019
Insurance
Technology-driven risk solutions provider Sedgwick has appointed Bob Neo as director of its Singapore operations. 7 June 2019
Insurance
Swiss Re is moving forward with its planned initial public offering (IPO) of UK closed life book business ReAssure. 7 June 2019
Insurance
European life insurer Athora and Netherlands’ NN Group have teamed up to acquire Dutch insurer Vivat, which was put up for sale last year by Chinese owner Anbang Group Holdings. 7 June 2019
Insurance
American International Group (AIG) has hired a senior executive from Accenture to enhance its general insurance’s business and technology operations infrastructure as well as align end-to-end processes with target operating models. 7 June 2019
Insurance
UK insurer Aviva is expecting approximately 1,800 role reductions across the group over the next three years as part of its efforts to reduce expenses by £300 million per annum by 2022, according to its new CEO Maurice Tulloch. 6 June 2019
Insurance
American International Group (AIG) has appointed Kean Driscoll as global chief underwriting officer for property and agriculture, general insurance, and Alexander Baugh to the new role of global chief underwriting officer for casualty and financial lines, general insurance. 6 June 2019
Insurance
Specialist re/insurance broker BMS Group has secured a significant long-term investment from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP). 6 June 2019
Insurance
The Managing General Agents’ Association (MGAA) has launched an online training platform, called MGA Assess, developed in partnership with the Chartered Insurance Institute (CII). 6 June 2019
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