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Allianz Insurance fraud savings quadruple in H1 2019
Insurance
Allianz Insurance, one of the largest general insurers in the UK, has saved more than £29.6 million in the first half of 2019 by tackling fraud.   30 August 2019
Prudential Financial reshuffles US business leadership in growth drive
Insurance
Prudential Financial has appointed Andrew Sullivan to succeed Stephen Pelletier as executive vice president and head of US businesses, effective December 1.   30 August 2019
CNO Financial hires Karen DeToro as chief actuary from New York Life
Insurance
CNO Financial Group has hired Karen DeToro as chief actuary, reporting to chief executive officer Gary Bhojwani. She will also join the company's executive leadership group.   30 August 2019
Insurance
UK telematics firm Trak Global Group (TGG) has secured growth capital investment of over £40 million from Three Hills Capital Partners to accelerate the development of its data-driven technology solutions for the insurance and shared mobility markets.   30 August 2019
Alternative Risk Transfer
A number of new reports on the global ILS market point to increasing signs of stability after a tough start to the year. Intelligent ILS investigates.   30 August 2019
Insurance
Bermuda-based Sirius Group has unveiled key strategic changes, including forming a new management committee, to streamline its global operating structure and enhance focus on its core underwriting business.   30 August 2019
Insurance
Major insurer AIG has come under intense pressure in Australia to rule out insuring a coal mining project as more than 100,000 environmental protestors voice concerns.   30 August 2019
Alternative Risk Transfer
Upgraded to a hurricane, storm Dorian has been described as "extremely dangerous" by the National Hurricane Center (NHC) with the potential to become a category 4 hurricane as it tracks towards Florida.   30 August 2019
Insurance
Apollo Global Management and Athene Holding have entered into a definitive agreement with GE Capital to buy PK AirFinance, an aviation lending business from GE Capital’s Aviation Services (GECAS) unit.   30 August 2019
Insurance
Paris-based underwriting agency Meteo Protect has launched ParametricAPI.com its open insurance application programming interface (API) to enable insurers and startups to run their own parametric insurance programs.   30 August 2019

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