Articles

Insurance

Allianz appoints Hans-Joerg Mauthe as new AGCS Central & Eastern Europe CEO

Germany's Allianz has appointed Hans-Joerg Mauthe as regional CEO, Central & Eastern Europe (CEE), of its commercial insurance arm Allianz Global Corporate & Specialty (AGCS).   1 March 2019

Insurance

Allianz hires AIG's Claudia Salem as new CEO of property/casualty in Asia

Allianz has appointed Claudia Salem as its new chief executive officer, property & casualty for Asia Pacific.   1 March 2019

Insurance

TigerRisk recruits JLT Re's Florida market reinsurance expert David Unsworth

Reinsurance broking and risk/capital management firm TigerRisk Partners has hired a Florida market reinsurance veteran from Jardine Lloyd Thompson Group (JLT).   1 March 2019

Insurance

Cincinnati closes £102m acquisition of Munich Re subsidiary MSP Underwriting

Cincinnati Financial Corporation has completed the acquisition of MSP Underwriting from Munich Re. The all-cash transaction values £102 million.   1 March 2019

Alternative Risk Transfer

What ILS funds must learn from Irma

Despite a multitude of other catastrophes in 2018, the single biggest loss event for reinsurers was so-called loss creep from 2017’s Hurricane Irma. Dirk Lohmann of Schroders examines what went wrong and what the industry must learn.   28 February 2019

Insurance

Third Point Re swings to loss in 2018 due to 'challenging investment conditions'

Bermuda-based reinsurer Third Point Re posted a net loss for both the fourth quarter 2018 and the full year, driven by "poor investment performance combined with modest catastrophe losses", according to its CEO Rob Bredahl.   28 February 2019

Insurance

RSA 2018 results show firm ‘exposed to more volatility than expected’

RSA group CEO Stephen Hester welcomed the insurer’s increased headline profits in its 2018 results, but he said that at an underlying level the results were down and that the firm was taking decisive action to ensure a return to form in 2019.   28 February 2019

Insurance

Munich Re picks insurtech CyberCube to boost cyber risk analytics

Reinsurer Munich Re has selected insurtech CyberCube's analytics platform to help quantify, model and control cyber accumulation risk.   28 February 2019

Insurance

SCOR unveils swathe of senior promotions at Global Life unit

French reinsurer SCOR's international life and health subsidiary SCOR Global Life has made a series of promotions across its global markets, finance, and research and development (R&D) units.   28 February 2019

News

McKenzie Intelligence Services uses big data to slash nat cat claims costs

Accurately assessing damage, risk and claims for natural catastrophes has always been difficult. But McKenzie Intelligence Services is harnessing big data from satellites, ground sensors and even the internet of things to give insurers a much clearer picture and claims estimate. Forbes McKenzie, CEO of the business, tells Intelligent Insurer more.   27 February 2019

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