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Insurance
The high level of negativity in the market flowing from concerns around soft rates, low investment returns and subsequent dwindling margins is, in fact, misplaced and ignores many positives the market should instead focus on. 13 September 2016
Insurance
AXA UK’s chief executive officer (CEO) has been voted in as chairman of the Association of British Insurers (ABI) for a two year term. 3 July 2014
Insurance
India’s state reinsurer GIC Re which is planning to float on the stock exchange wants to grow the reinsurance business outside India to reach around 50 percent of its total gross premiums from currently 30.53 percent. 10 August 2017
Insurance
Property/casualty insurer Chubb has appointed Gerard Butler as division president of its North America insurance field operations, and senior vice president of Chubb Group. 20 June 2017
Reinsurance
The third party general liability and agricultural sectors will provide lots of growth opportunities in the next 24 months says Javier Vijil, president & chief underwriting officer for the Latin American and Caribbean division. 11 November 2013
Insurance
Canada Life’s reinsurance division has struck a deal with Dutch insurer Aegon to cover the longevity risk on a €6 billion portfolio of Dutch annuities. 17 August 2015
Insurance
The global insurance market covering the so-called Internet of Things (IoT) is estimated to be worth $42.76 billion by 2022, growing at a compound annual growth rate (CAGR) of 65.89 percent between 2016 and 2022, according to a report by Report Buyer. 8 February 2017
Insurance
While the frequency of workers’ compensation claims in the US is expected to decrease further in 2013, in line with current trends, their severity and overall cost to insurers will rise, according to a report by Aon Risk Solutions. 19 December 2012
News
Everest Re’s 2016 profits increased compared with the year before and the company also enjoyed some growth despite what its CEO called very challenging market conditions – but the growth was more on the primary side, its reinsurance book remaining flat. 7 February 2017
Alternative Risk Transfer
Christchurch City Council is considering insurance-linked securities (ILS) to increase its insurance cover for underground assets such as water and waste pipes. 8 July 2019
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