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Insurance
Markel Corporation has appointed Jane Peterson as executive underwriting officer for the product line leadership team. 6 February 2017
Insurance
Shares in insurers and reinsurers with a high market share in Texas have been hit in the aftermath of Hurricane Harvey and the subsequent flooding in the region though analysts have also noted that re/insurers’ share prices can recover strongly in the three to six months after an event. 29 August 2017
Insurance
While several catastrophe bonds have exposure to areas affected by Hurricane Harvey, it is unlikely any bonds will be triggered by losses resulting from the hurricane, according to S&P Global Ratings. 29 August 2017
Insurance
Italian insurance group Generali has increased operating results in its property/casualty (P&C) segment by 14.1 percent year on year to €528 million in the first quarter of 2018 due to improvements in the non-catastrophe loss ratio. 4 May 2018
Insurance
AXIS Re plans to fundamentally change its offering by becoming more client-focused, offering bespoke, structured, reinsurance deals and expanding its footprint in Asia. By doing this, and making other changes, it is targeting becoming a top 10 reinsurer, Steve Arora, chief executive of AXIS Re, told Monte Carlo Today. 11 September 2018
Alternative Risk Transfer
UnipolSai Assicurazioni will buy more property-catastrophe capacity this year and will not renew its €200 million ($231 million) cat bond Azzurro Re I, which expires on December 31, 2018. Instead, it will rely on its existing panel of 17 reinsurers for support until it explores the possibility of issuing a new cat bond in the first quarter of next year. 11 September 2018
Insurance
RSA Insurance Group is planning to set up a new subsidiary entity in Luxembourg as the headquarters of its existing EU branches in Belgium, France, Germany, Spain and the Netherlands. 5 June 2017
Insurance
Italian insurer Generali wants to invest around €1 billion in internal strategic initiatives for innovation and digital transformation as part of its 2021 three-year strategic plan. 21 November 2018
Insurance
In association with Swiss Re, Monte Carlo Today conducted a survey of senior industry executives ahead of and during the conference. 10 September 2018
Insurance
French insurer AXA has designed a new car insurance cover in collaboration with ridesharing platform BlaBlaCar. 29 May 2018
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