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Insurance

Mapfre’s Huertas: new tech reality must not slow economic and social development

Advances in technology and the new reality it has created “cannot act as a brake on economic and social development”, Mapfre chairman and CEO Antonio Huertas told the International Conference of Mapfre Global Risks last week.   10 June 2019

Insurance

Brokerslink appoints new Middle East and Africa manager from MDS Re

Brokerslink, a global network of independent brokers, has appointed Tiago Mora as the new regional manager for Middle East and Africa (MEA).   10 June 2019

Insurance

Perils ups Dragi-Eberhard loss estimate to almost €800 million

PERILS has updated its loss estimate for extratropical cyclone Dragi-Eberhard with a revised figure of €798 million. This is an increase from the initial loss of €740 million, which was issued by Perils on the 18th of April 2019.   7 June 2019

Insurance

S&P points to ‘promising’ reinsurance price trends for 2019 despite record cat losses

Global reinsurance pricing is “a firming market” rather than a hard one, according to S&P Global, which suggested that “green shoots” could be on the way for reinsurers in 2019.   7 June 2019

Insurance

Sedgwick hires new director in Singapore

Technology-driven risk solutions provider Sedgwick has appointed Bob Neo as director of its Singapore operations.   7 June 2019

Insurance

Swiss Re moves ahead with ReAssure IPO, increases capital by £481m ahead of listing

Swiss Re is moving forward with its planned initial public offering (IPO) of UK closed life book business ReAssure.   7 June 2019

Insurance

NN Group, Athora to buy Dutch insurer Vivat from Chinese owner Anbang

European life insurer Athora and Netherlands’ NN Group have teamed up to acquire Dutch insurer Vivat, which was put up for sale last year by Chinese owner Anbang Group Holdings.   7 June 2019

Insurance

AIG hires Accenture talent to lead general insurance’s business and tech operations

American International Group (AIG) has hired a senior executive from Accenture to enhance its general insurance’s business and technology operations infrastructure as well as align end-to-end processes with target operating models.   7 June 2019

Insurance

HCI secures $1.5bn catastrophe reinsurance limit at renewal

HCI Group, a provider of property/casualty insurance in Florida, has completed its 2019-2020 catastrophe reinsurance programme, securing a total limit of $1.477 billion.   6 June 2019

Insurance

Willis Towers Watson unveils new initiatives to fuel organic and inorganic growth

Broker Willis Towers Watson has unveiled a new venture capital arm focused on investing in start-ups, and created a growth board to help drive innovation at the company.   6 June 2019

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