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Insurance
Profits at insurer Zurich plummeted in 2015 due to restructuring costs and poor results in its general insurance sector. But its CEO said it is taking rigorous action to improve profitability. 11 February 2016
Insurance
Victor Syndicate 2288 will be supported by a $100m business plan. 10 December 2019
Insurance
The measure is aimed at mitigating coronavirus pandemic-related effects on the insurers' Solvency II ratios. 18 March 2020
Insurance
London-based specialty insurer Newline Group has launched its new European Union insurance hub in Cologne, following authorisation from the German Federal Financial Supervisory Authority (BaFin). 2 April 2019
Alternative Risk Transfer
As investments into China’s Belt and Road Initiative (BRI) increase, Kirill Savrassov, CEO of Phoenix CRetro Reinsurance Company, told Baden-Baden Today that it represents big opportunities and challenges for the reinsurance industry, especially from a cat perspective. 23 October 2019
Insurance
American International Group (AIG) reported a net loss of $3.04 billion, up from a negative $1.84 billion in the same period of 2015, impacted by a $5.6 billion prior year adverse reserve development. 15 February 2017
Insurance
Specialist insurer Markel Corporation has been granted a licence by the German federal financial supervisory authority BaFin to establish an insurance company in Germany. 19 July 2018
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has appointed Bengt Johnsen as president and head of the South East Asia and Korea (SEAK) region. 19 July 2018
Insurance
UK managing general agent and assistance specialist Lorega has been appointed by Brightside Group to provide commercial loss recovery insurance and expert loss adjusting services. 29 September 2016
Insurance
The world we live in today is not at all the same as our parents’ world was. We are experiencing global changes which are radically reshaping human behaviour and the ways in which we interact, Mauricio Monroy, vice president for Latin America at business solutions provider Equisoft, told FIDES Today. 11 September 2019
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