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Tokio Marine Kiln partners in marine automation push
Insurance
Tokio Marine Kiln (TMK) has entered into a partnership with NTT DATA UK to develop robotics services.   16 July 2018
AXA XL sets sight on ILS growth
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
Allianz goes direct in Europe with new CEO
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
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
Insurance Australia Group (IAG) has raised its full-year 2018 reported insurance margin guidance to 15.5-17.5 percent, on back of an increase in reserve release expectations to around 3 percent of net earned premium (NEP) and a first half 2018 (Sept.-March) favourable credit spread impact.   14 February 2018
Insurance
Roy Wright has resigned as the chief executive of Federal Emergency Management Agency‘s (FEMA's) National Flood Insurance Program (NFIP) to lead the Insurance Institute for Business & Home Safety (IBHS).   6 April 2018
Insurance
Specialist insurer Markel International has restructured the leadership of its trade credit, political risk and surety business lines.   6 April 2018
Insurance
Gramercy Risk Holdings, a New York-based insurance programmes management platform, has raised an undisclosed amount of equity capital, which it plans to use to buy and capitalise a shell insurance company.   21 December 2017
Insurance
Rongfeng Holding Group and a related party plan to acquire a majority stake in National Bank Of Greece's insurance unit Ethniki Hellenic General Insurance, according to a Reuters Feb. 12 report.   12 February 2018
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

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