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What’s hidden behind AIG’s $6.1bn 2017 loss

Global, North America22-02-2018Property and Casualty

American International Group (AIG) has been loss-making for the last two years, but the reported 2017 net loss of $6.08 billion hides improvements on the operating side as a more in-depth look into the numbers reveals and CEO Brian Duperreault is working on getting the insurance giant back on a growth path. A changed reinsurance cover structure is also part of the plan.

Past US failures make SCOR cautious as it grows US P&C book

Europe, North America19-02-2018Property and CasualtyChristian Wuestner

French reinsurer SCOR wants to grow its property/casualty portfolio in the US, particularly casualty business. But, stung by the mistakes of the past, it is proceeding with caution, Victor Peignet, CEO of SCOR Global P&C, told Intelligent Insurer.

Embracing millennials is the only solution for a greying, unattractive, industry

Global14-02-2018

The insurance industry is facing a chronic dearth of talent—and potentially customers—that could reshape the industry unless it finds a way to engage with so-called millennials, an insurance claim consultancy has claimed.

Insurers playing catch-up in embracing technology

Global, London, UK12-02-2018Technology

It is insurers’ claims departments that will benefit most from the progress towards automation and machine learning that is being made, says Elena Rasa, chief underwriting officer, Gruppo Zurich Italy.

Munich Re CFO sparks optimism in 2018 outlook

Europe, Global06-02-2018ResultsChristian Wuestner

Despite disappointing rate increases in the January renewals, Munich Re chief financial officer Jörg Schneider showed optimism when discussing his expectations for 2018.

It's no joke: five tips insurance execs should learn from comedians

Global05-02-2018

In an increasingly digitised age, the art of the presentation is becoming lost, which can be a problem in a people-oriented industry such as insurance. To rekindle this lost skill, some insurers are turning to a stand-up comedian to help them wow an audience.

HIM fails to deliver what reinsurers hoped for

North America29-01-2018Property and CasualtyChristian Wuestner

Record losses from the 2017 hurricane season have failed to trigger the rate increases the industry had hoped, with many experts and reports based on analysis of the recent renewals now suggesting that low rates may be here to stay.

Harmony arises from old and new singing the same tune

Global, Guernsey29-01-2018ILS, ILS issuance, ILS market

Guernsey Finance chief executive Dominic Wheatley examines technological advancement in the insurance sector and why the old heads embracing the newcomers can bring out the best in both.

Schultz: ILS market proved itself in 2017

Global29-01-2018ILS, ILS issuance, ILS market, Insurance-linked Securities

The ILS market starts 2018 in a very positive place after the hurricane losses of 2017, according to Paul Schultz, chief executive of Aon Securities.

London as an ILS domicile creates ample possibilities

Global, London, UK29-01-2018ILS, ILS issuance, ILS market

After a long gestation the Risk Transformation Regulations (2017), passed in November, clear the way for a London-based ILS hub, say Philipp Kusche and Michael Wade of TigerRisk Capital Markets & Advisory.

Showing 1 to 10 of 881 results

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