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Insurance
The UK motor insurance market’s profitability is expected to approach break even in 2017 and see a strong uplift in profits in 2018, according to EY’s latest UK motor insurance analysis. 20 November 2017
Insurance
QBE has launched an excess-of-loss product for aviation liabilities in the Middle East. Based out of Dubai, the product covers general aviation, airlines, ancillary aviation support services and aerospace products. 24 June 2013
Insurance
Despite seeing cybersecurity as a top risk management priority, a survey finds out that only few senior executives believe in their organization’s ability to mitigate and respond to a cyber event. 16 February 2018
Insurance
Property/casualty insurer Chubb has named Barbara Sandelands executive vice president and customarq package product manager for its commercial insurance division in North America. 16 August 2017
Insurance
Another substantial deal has been completed that will see a large chunk of longevity risk held by pension schemes ultimately transferred into the reinsurance markets. 27 March 2014
Insurance
AXIS PRO, a professional lines division of AXIS Insurance, has partnered with cybersecurity ratings provider BitSight to make security ratings available to certain AXIS policyholders, in an effort to reduce their cyber risk. 18 October 2016
News
Profits plummeted at Munich Re in the second quarter of 2017 but the world’s biggest reinsurer said it was still well on track to reach its 2017 profit guidance of between €2 billion €2.4 billion. 9 August 2017
Insurance
AXIS Accident and Health, a provider of accident, specialty health and travel-related re/insurance, has appointed Christian Romeih as vice president and business development manager of its Middle East and North Africa reinsurance business. 15 August 2016
Insurance
Bermuda-based AXIS was hit hard by natural catastrophes 2017 but CEO Albert Benchimol believes that the financial impact of the year’s challenges on the company do not explain the 23 percent drop in the firm’s share price and suggested that it was further exacerbated by questions relating to the Novae acquisition. 27 March 2018
Insurance
US insurer St. Johns Insurance has appointed Hugh Brewer to the board of directors. 14 March 2014
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