Articles
Insurance
Munich Re believes that its business model will in the future rely increasingly on fee income and less on premium income, CFO Jörg Schneider suggested during a Feb. 7 press conference. 7 February 2017
Insurance
Italian insurer Generali Group, French reinsurer SCOR and German reinsurer Hannover Re are new additions to the blockchain insurance industry initiative B3i. 6 February 2017
Insurance
Specialist insurer Beazley has warned of margin declines when claims return to more normal levels after it revealed in its 2016 results that premium rates for most large risk business continued falling sharply last year. 3 February 2017
News
German reinsurer Hannover Re is refocusing its property/casualty business in terms of which regions and lines of business it will focus as it looks to avoid markets where rates are particularly unattractive. 2 February 2017
Insurance
Marsh & McLennan Companies enjoyed solid growth and improved profits in 2016 despite its investment income plummeting. 2 February 2017
News
Hannover Re has raised its expectations for its profits and premiums written in 2017 as it said it was satisfied with the outcome of the January 1 treaty renewals despite intense competition and an anticipated stabilisation in rates not yet becoming a reality across the board. 2 February 2017
Insurance
Pioneer Underwriters has appointed Maria Rozew as assistant vice president to its environmental liability team with immediate effect. 31 January 2017
Insurance
Lloyd's syndicate AEGIS London has partnered with specialist marine insurance managing general agent (MGA) The MECO Group to provide 100 percent of the security for all policies issued by MECO’s Transmarine brand. 30 January 2017
Insurance
Andrew McKee, the former CEO of MS Amlin Underwriting at Lloyd's, who left the company in December 2016, is set to join Cathedral Underwriting (CUL) as chief executive officer. 27 January 2017
Insurance
Pricing is the biggest threat to reinsurers’ profitability as combined ratios suggest that the industry is getting close to reporting underwriting losses, according to Fitch Ratings. 27 January 2017
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