Articles
Insurance
French reinsurer SCOR has seen its net profit halve in 2017 compared to 2016 as it absorbs significant nat cat losses while at the same time expanding the business. 22 February 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
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
Tokio Marine Kiln (TMK) has entered into a partnership with NTT DATA UK to develop robotics services. 16 July 2018
Insurance
Hank Greenberg, the former chairman of American International Group (AIG) now the chairman and CEO of the Starr International, has failed in a bid to rekindle a long-standing lawsuit in which he is arguing that the federal government illegally bailed out AIG during the 2008 financial crisis at the expense of shareholders. 27 March 2018
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has launched a new insurance and services policy to protect clients against the impact of cyber attacks. 27 March 2018
Insurance
US-based IMA Financial Group has hired Anna Ewing, a former chief financial officer of Vodafone Americas, as its chief operations officer. 27 March 2018
Insurance
Bermuda-based Arch Capital Group said that Kewsong Lee has resigned from its board of directors because of the expansion of his duties at Carlyle Group following his recent promotion to co-CEO effective January 1, 2018. 3 November 2017
Insurance
The Ethiopian Airlines crash on the 10 March 2019, and the subsequent worldwide grounding of the Boeing 737 Max fleet, “could cost aviation insurers over $1bn combined”, the broker AJ Gallagher has estimated. 16 July 2019
Insurance
The London Market Group (LMG) has appointed Andrew Horton, CEO of Beazley as its new chair with effect from May 4, 2018. 9 April 2018
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