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Artificial intelligence: a game-changer for risk transfer
Insurance
Amid concerns that artificial intelligence could result in job losses across the industry, re/insurers speaking at an Intelligent Insurer roundtable in London aimed to suppress some of those fears by highlighting the value of AI with tried and tested examples.   13 April 2017
News
Swiss Re has reported its claims estimate for tropical Cyclone Debbie at around $350 million.   13 April 2017
Insurance
Markel Corporation has appointed Glenn Mozingo to the newly-created role of managing director, global insurance business development and corporate account executive.   13 April 2017
News
AXIS Re, a subsidiary of Bermuda-based AXIS Capital Holdings, has appointed Michael Leahey as vice president and deputy head of catastrophe underwriting for Europe, Middle East and North Africa (MENA), and Israel to further expand its business in these regions.   12 April 2017
Insurance
Against a backdrop of an increasingly commoditised market, reinsurers are under greater pressure to restructure and innovate in order to support profitability in a soft market, according to Christian Reber, partner and managing director at Boston Consulting Group.   11 April 2017
Insurance
With a market steering more towards commoditisation, the value of the traditional reinsurance business model is waning, particularly in North America, where reinsurers are more focused on brokers than in Europe, Christian Reber, partner and managing director at Boston Consulting Group, tells Intelligent Insurer.   11 April 2017
Insurance
Property/casualty insurer Chubb has appointed Ana Robic to the position of chief operating officer (COO), North America personal risk services.   11 April 2017
Insurance
Gibraltar wants to become a hub for insurance-linked securities (ILS) and Minister of Commerce Albert Isola is optimistic about the growth potential despite looming competition from the UK.   11 April 2017
Insurance
Malta-based Building Block Insurance (BBI) is expanding its footprint into Europe after signing an agreement with Spanish broker Slora to sell gadget insurance.   10 April 2017
Insurance
Property/casualty insurer Chubb has appointed Scott Gunter as senior vice president, division president of North America commercial insurance, succeeding Steven Pozzi who is set to retire at the end of the year.   10 April 2017

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