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Insurance
Germany-based insurance group Allianz is consolidating its European direct business by establishing a new pan-European risk carrier and has appointed Bart Schlatmann CEO of this operation. 31 August 2018
Alternative Risk Transfer
AXA XL, the property/casualty (P&C) and specialty risk division of the AXA group, is looking to grow the use of ILS to de-risk its portfolio in a strategy that should ultimately be expanded to include the whole group, Greg Hendrick, CEO of AXA XL, suggested during a Nov. 28 press conference. 28 November 2018
Insurance
Internet-only insurer ZhongAn Online Property & Casualty Insurance priced its initial public offering (IPO) at the top of an indicated range, raising $1.5 billion in Hong Kong, Reuters reported on Sept. 22. 22 September 2017
Insurance
Insurers are preparing for a surge in demand for cyber cover in personal lines as the awareness of the risk grows in the population and cybercrime cases jump. 16 June 2017
Insurance
The UK government has appointed data analytics and telematics firm Floow to advise on a project to help motorists and the insurance sector “embrace new technologies” to reduce incidents on UK roads and make car insurance “smarter”. 19 February 2019
Insurance
The Latin American market offers opportunities for specialist insurers like Beazley, which are able to bring new and innovative products to the local markets. That is the view of Ricardo Ortega, head of broker relations for Beazley in Latin America. 28 October 2015
Insurance
Munich Re has agreed to purchase an additional 11 percent of the shares in Global Aerospace Underwriting Managers, taking its stake to 51 percent. 15 December 2017
Insurance
Prudential Hong Kong is introducing a digital claims submission system and artificial intelligence (AI) platform. 14 December 2017
Insurance
Re/insurer XL Catlin has promoted Mike MacColl to the position of global practice leader for hull. Previously, MacColl held the role of head of hull for the UK. 6 February 2018
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Kellie Reese as an underwriter in its recently launched excess and surplus (E&S) property operation. 13 December 2017
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