Articles
Insurance
Allianz Group is launched a new strategy to address cyber risks in commercial, corporate, and specialty insurance policies of its property & casualty (P&C) companies, and has established a new center of competence to lead the initiative. 5 July 2019
Insurance
Wang Yincheng, former president of the state-owned People's Insurance Company of China (PICC), has pleaded guilty in a trial on the charge of accepting bribes, according to an April 16 report by the country’s official press agency Xinhua. 19 April 2018
Insurance
A parametric fisheries insurance policy for Carribean governments, described as “pioneering” by the issuing body, has been taken up by the authorities of Grenada and Saint Lucia. 5 July 2019
Insurance
Insured losses from global catastrophe events were estimated at $19 billion in the first half of 2019, mainly driven by secondary perils such as thunderstorms and flooding events, according to the new Swiss Re sigma report. 15 August 2019
Insurance
San Francisco-based insurtech startup MetroMile has entered into a strategic partnership with Tokio Marine Holdings following a $90 million investment by the Japanese property/casualty insurer and Intact Financial. 7 August 2018
Insurance
Specialist insurer Hiscox has appointed Josh Nevin as chief operating officer (COO) for its US business unit. 28 June 2017
Insurance
Australian insurer IAG said on June 28 that a preliminary review of the financial year ending June 30, 2017, indicates reserve releases of at least 5 percent of net earned premium. 28 June 2017
Insurance
A merger between Aon and Willis Towers Watson (WTW) would mean more “job carnage” be bad news for buyers but could mean opportunities for smaller brokers, according to sources in the London Market. 6 March 2019
Insurance
Barbican has bucked many trends and proved the doubters wrong since its ‘brutal’ 2007 launch. But going against the grain is second nature to David Reeves, its chief executive, who is comfortable doing things his way, away from the pack. Intelligent Insurer reports. 6 September 2017
Insurance
US-based property/casualty insurer The Hanover estimates the impact of catastrophe activity to be in the range of $66 million to $76 million before taxes in the first quarter of 2018. 17 April 2018
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