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Demand creates new risk carrier
Insurance
Run-off expert Arndt Gossmann has launched his latest venture in response to market demand following the introduction of Solvency II and to help dispel any stigma associated with using run-off as a strategic tool, he told Baden-Baden Today.   24 October 2018
Insurance
Total global economic and insured losses from disasters fell significantly in the first half of 2018 compared to the same period a year ago, according to the latest Swiss Re’s sigma estimates.   16 August 2018
Insurance
Dutch NN Group has reached an agreement to acquire Aegon's life insurance business in the Czech Republic and Aegon's life insurance and pension businesses in Slovakia for a total consideration of €155 million.   16 August 2018
Insurance
Bermuda-based Catalina Holdings has, through its wholly-owned subsidiary Catalina General Insurance, assumed a portfolio of US property & casualty liabilities in runoff from Arch Reinsurance with net outstanding reserve of approximately $410 million.   24 April 2018
Insurance
Market praises outgoing director for ‘resetting performance agenda’.   15 January 2020
Insurance
Reinsurers forced to increase their reserves in the wake of recent changes to the Ogden formula in the UK—the discount rate used for personal injury claims in the UK—could look to pass these costs on to their cedants by increasing rates on some lines of business, Mark O’Riordan, group reinsurance director at Ecclesiastical, told Monte Carlo Today.   10 September 2017
Insurance
Tokio Marine HCC has bolstered its management structure with several promotions within the specialty group that provides insurance products for the sports, entertainment and travel industries.   18 July 2018
Insurance
Blocksure, a London-based insurtech start-up offering blockchain based insurance platform, has boosted its management team with the addition of insurance and technology experts from iXledger, AIG and Aviva, among others.   26 June 2019
Insurance
The Middle East and North Africa (MENA) region has great untapped potential that the market needs to access, Dr Kai-Uwe Schanz, partner and chairman of Schanz Alms & Co, told delegates at MultaQa Qatar this week.   14 March 2016
Insurance
Specialty re/insurer Brit has created the new post of head of innovation and appointed James Birch, who starts today (22 July).   22 July 2019

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