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Insurance
Swiss Re to adopt IFRS for its consolidated financial statements
Change comes into effect from January 1 2024.   6 December 2019
Insurance
RSA chief claims officer named new chair of Insurance Fraud Bureau
He replaces Aviva’s Rob Townend with immediate effect   12 December 2019
Insurance
MGA Nirvana hires Axis Capital underwriter to expand portfolio
Nirvana Risk Partners, an underwriting cell on Castel Underwriting Agencies' managing general agent (MGA) formation platform, has appointed Glenn Crickmar as underwriter to expand the team's specialist media, technology and cyber liability capabilities.   15 May 2017
Insurance
AXA XL collaborates with Slice Labs and Microsoft on cyber risk management
Collaboration gives Microsoft customers on-demand, cloud-based cyber insurance.   12 December 2019
Insurance
Profits fall 60% at Allstate amid COVID-19 crisis
Allstate CEO Tom Wilson credited 'proactive risk management' for lowering the negative impact of the pandemic.   7 May 2020
Insurance
AIG launches new Lloyd’s syndicate for US high net worth market
American International Group (AIG) plans to launch a new syndicate at Lloyd’s serving the specialist U.S. high net worth market.   24 October 2019
Insurance
What’s hidden behind AIG’s $6.1bn 2017 loss
American International Group (AIG) has been loss-making for the last two years, but the reported 2017 net loss of $6.08 billion hides improvements on the operating side as a more in-depth look into the numbers reveals and CEO Brian Duperreault is working on getting the insurance giant back on a growth path. A changed reinsurance cover structure is also part of the plan.   22 February 2018
Insurance
Castel launches A&H underwriting cell
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has launched an underwriting cell of Vecta Risk Partners to target accident & health (A&H), travel and lifestyle insurance business across the UK and European economic area (EEA).   9 January 2017
Insurance
Argo finds ‘boring is good for strategy’: Gary Grose
Succession planning, flexible working and a major office rethink are full steam ahead as Argo considers sale or merger plans.   6 May 2022
Insurance
Tokio Marine, Sompo, MS&AD remain profitable despite record 2018 nat cat losses
Japans three major insurance groups Tokio Marine Holdings (TMHD), Sompo Holdings and MS&AD Insurance Group Holdings are expected to remain profitable in fiscal 2018 (April-March) despite record high domestic wind and flood catastrophe losses, according to Moody’s.   28 November 2018

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