Articles
Insurance
Arch Insurance Europe has finalised its acquisition of the UK commercial lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment. 2 January 2019
Insurance
French insurer AXA Group has unveiled a new entity, AXA Next, dedicated to build new services and business models beyond insurance. Each year, it will invest €200 million in its innovation vehicle. 29 January 2019
Insurance
The use of blockchain may help to overcome issues of trust between parties where there is a potential conflict of interest, and its use may even command a higher premium on contracts where the payment of a claim is automated, Magdalena Ramada Sarasola, senior economist at Willis Towers Watson, suggested to Baden-Baden Today. 22 October 2018
News
Benoît des Cressonnières, chief executive officer of Euler Hermes Reinsurance, with responsibility for the company’s buying programme, says he is expecting a steady renewal with little change in pricing, despite some pressure from reinsurers for rate increases on the back of the 2017 catastrophe losses suffered by many global reinsurers. 22 October 2018
Insurance
Driven by an appreciation of the benefits of diversification and a search for healthier rates, many insurers have shown a growing commitment to the credit and political risk space in recent years, creating more choice for clients as a result. This has been widely supported by reinsurers. 22 October 2018
Insurance
The uncertainty around the nature of UK’s departure from the EU is causing re/insurers to protect themselves against whatever the worst-case scenario might be, as they prepare for the January 1 renewals, according to Mike Van Slooten, head of market analysis, Aon Benfield. 22 October 2018
News
A growing number of larger insurers in Europe have restructured their reinsurance programmes whereby they place centralised multi-risk covers through global broker programmes—a trend that has made life tougher for smaller reinsurers. 22 October 2018
Insurance
UnipolRe, the Dublin-based reinsurer backed by Italian insurer UnipolSai Assicurazioni, has sent its largest ever team to Baden-Baden this year as it looks to consolidate the healthy growth it has enjoyed in the region. 22 October 2018
Insurance
Saga, a UK-based specialist insurer for life after 50, has appointed former Zurich executive Patrick O’Sullivan as chairman with effect from 1 May 2018. 19 February 2018
Insurance
Lloyd's has donated £5m to the fund supported by the ABI, BIBA and the London Market Group. 18 May 2020
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