Munich Re has made a consolidated profit of approximately €850 million in the third quarter, despite high major-loss expenditure.
Global broking business Brokerslink and Swiss Re Corporate Solutions are to develop a dedicated international insurance programme management platform for the organisation’s broker network.
Insurers’ pricing has picked up in 2019, and this will continue into 2020, as companies look to address recent weak profitability, according to the insurance analyst team at RBC Markets
Women in Reinsurance (WiRe), the organization for professional women employed in the Bermuda reinsurance sector, has appointed Peta White as chair of the Board.
Davies, an operations management, consulting and digital solutions provider, has acquired Alternative Service Concepts (ASC), a workers’ compensation and property and casualty third party administrator (TPA) headquartered in Nashville, Tennessee.
Blockchain should be viewed as a “team sport” by the risk-transfer industry as opposed to a specific technology; more a way of connecting companies and people and gaining efficiencies.
More life insurance businesses are starting up than general insurance (GI) businesses, according to analysis by Policy Expert, the digital home insurer.
London-based insurance start-up Dinghy has announced the appointment of Dorian Zanker as chief executive as part of its strategy to accelerate its growth in the UK and international freelancer business insurance market.
Marine insurer Gard has appointed Christian Pritchard-Davies as its chief financial officer, effective from January 1 2020. He is currently vice president - head of infrastructure and operations at Gard.
“There’s a joke in the insurance industry that ‘smart contracts’ are neither smart nor a contract,” said Ronnie Kher, business development director at insurtech firm R3, with a smile as he went on to debunk this myth.