Articles
Insurance
Amid concerns that artificial intelligence could result in job losses across the industry, re/insurers speaking at an Intelligent Insurer roundtable in London aimed to suppress some of those fears by highlighting the value of AI with tried and tested examples. 13 April 2017
Insurance
Flood Re as appointed Andy Bord, currently interim CEO at Flood Re, to the position permanently, subject to regulatory approval. 13 April 2017
Insurance
Bermuda-based Everest Re is likely to get involved in mergers and acquisitions as reinsurers operating in the US are under significant pressure to grow, according to CreditSights analysts. 13 April 2017
Insurance
Specialty re/insurer Brit has appointed David Lim as the CEO of Brit Global Specialty Singapore with effect from May 15, 2017. 13 April 2017
Insurance
California-based Alliant Insurance has combined its portfolio of industry-focused specialty insurance practices under one banner to form Alliant Specialty Group, which will be led by Peter Arkley. 13 April 2017
News
Swiss Re has reported its claims estimate for tropical Cyclone Debbie at around $350 million. 13 April 2017
Insurance
UK-based Allianz Insurance, part of the Allianz Group, has appointed Bob Dawson to the position of claims major loss manager. 13 April 2017
Insurance
Zurich Insurance Group has completed the acquisition of Australian travel insurer Cover-More Group in a A$741 million ($565 million) deal that expands its travel portfolio and positions Zurich as a top three global travel insurance provider. 13 April 2017
News
Bermuda-based RenaissanceRe Holdings (RenRe) has estimated that the pre-tax impact of the Ogden rate change on its carried reserves is approximately $30 million, and will be recognised in the first quarter of 2017. 13 April 2017
Insurance
Mutual insurer London Victoria (LV=) recorded an 81 percent fall in operating profit for 2016 due to the UK's personal injury Ogden discount rate change. 13 April 2017
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