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Munich Re eyes €2.8bn profit for 2021 despite hefty COVID-19 losses
Insurance
The reinsurer claims to be in a 'very good position' to exploit current market opportunities.   2 December 2020
Insurance
Validus Holdings has agreed to buy the crop insurance general agent of Archer Daniels Midland (ADM) for $127.5 million in cash.   31 January 2017
Trend to bespoke products drives AFL into Zodiac acquisition
Insurance
A trend toward bespoke insurance products driven by available technology and data is one of the reasons why Lloyd’s broker AFL Insurance Brokers decided to acquire US-based Zodiac Insurance Services, AFL CEO Bob Finch, told Intelligent Insurer.   13 November 2018
Insurance
Cyber is one of Munich Re’s main strategic growth areas, according to Doris Hopke, member of the board of management at the reinsurer. She said that while the cyber segment part of the firm’s market “is still small” the number of incidents is increasing rapidly, and the financial impact of these incidents is becoming more severe.   22 October 2019
Insurance
Lloyd’s chief financial officer has mooted the idea that brokers should reduce the commission they make on business placed in the market as a way of reducing the overall cost of using Lloyd’s.   26 January 2018
Insurance
Globe Underwriting, a UK based managing general agent (MGA), has created a new marine division, led by Peter Rogers as head of marine and David Dymond as head of underwriting.   23 May 2017
Insurance
Warren Buffett's Berkshire Hathaway Insurance Group has been granted a certificate of authorisation by the Central Bank of Ireland to operate as an insurer in Ireland and the European Economic Area (EEA).   6 March 2019
Insurance
XL Catlin’s insurance operation in Iberia has enhanced its directors and officers (D&O) insurance solution for non-profit organizations (NPOs) and non-governmental organizations (NGOs).   20 December 2016
Insurance
Bermuda-based Hamilton Insurance Group has hired Michael Papamichael as senior vice president of strategy and corporate development from Sirius Group.   5 December 2018
Insurance
The Lloyd’s Coverholder has launched a full suite of technology-enabled cargo insurance products for perishables.   16 April 2020

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