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Current insurance losses for the Townsville floods in Australia are valued at $45 million, from 3,500 claims, however, the Insurance Council of Australia (ICA) expects these figures to rise as people begin to return home to assess the damage. 5 February 2019
Insurance
Catastrophe losses fail to stop “strong” net income and core earnings in 2018 for The Hartford, said its chairman and CEO Christopher Swift in the firm’s year end results. 5 February 2019
Insurance
Bermuda-based re/insurer Sirius Group has named Kernan Oberting as its new chief executive officer (CEO), and Ralph Salamone as chief financial officer (CFO), starting from February 9 2019. 5 February 2019
Insurance
Hannover Re defies “burden of heavy losses” to secure “pleasing growth” in 2018 and forecast further growth for 2019, its chief executive officer Ulrich Wallin said today as the company unveiled its annual results. 5 February 2019
Insurance
Munich Re America, Munich Re's US property and casualty reinsurance subsidiary, has revealed several newly created senior positions and the realignment of its executive leadership team for its reinsurance division. 5 February 2019
Insurance
French reinsurer CCR Group has appointed Hind Mechbal as new chief information officer (CIO), and member of the executive committee. 5 February 2019
article
Munich Re America, Munich Re's US property and casualty reinsurance subsidiary, has revealed several newly created senior positions and the realignment of its executive leadership team for its reinsurance division. 5 February 2019
Insurance
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has launched an innovative risk management product that combines insurance with cyber attack protection services. 5 February 2019
Insurance
US-based Hartford Financial Services Group has unveiled a new operating model and organisational structure that will be effective once it has finalised its acquisition of the Navigators Group. 4 February 2019
Insurance
Munich Re has become a shareholder in the German Research Centre for Artificial Intelligence (DFKI), a leading European institute for AI research including robotics, smart factories and immersive quantified learning. 4 February 2019
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