News
Insurance
Italy's Generali Group has increase its stake in the Future Generali insurance ventures in India to 49 percent from 25.5 percent as part of its strategic expansion plan in Asia. 26 June 2018
Insurance
The insured property losses caused by extratropical Cyclone Xavier is estimated at €291 million, according to the initial estimate released by the European catastrophe insurance data provider PERILS. 16 November 2017
Insurance
Re/insurers are increasing their investments in the startup insurtech community and expanding their focus to invest in a broad range of technologies with potential applications to their core businesses, according to the fourth Quarterly InsurTech Briefing from Willis Towers Watson. 1 February 2018
Insurance
US property/casualty insurer AmTrust Financial Services has partnered with several Israeli technology startups in order to automate and enhance business processes, according to a Feb. 1 press release. 1 February 2018
Insurance
After General Electric (GE) revealed a $15 billion statutory long-term care (LTC) reserve charge over 7 years in January 2018, KBW analysts mull over potential read-throughs to the industry. 21 March 2018
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Stephanie Doggart as marine underwriter within its preferred partners team. 25 July 2017
Insurance
Alesco Risk Management Services, a specialist insurance and risk management broker, has expanded its energy division with the appointment of two new partners. 29 January 2018
Insurance
US specialty property/casualty insurer has posted a net loss of $348.9 million for 2017 after a net profit of $430.4 million in 2016 as the company prepares to go private. 19 March 2018
Insurance
The Talanx Group, which includes Hannover Re, is aiming for a net income of around €850 million in 2018 and an increase in gross premiums (adjusted for currency effects) of more than 2.0 percent. 19 March 2018
Insurance
Berkshire Hathaway stayed in the black in 2018 helped by its P&C and life and health insurance divisions, but its profits were hit by new accountancy rules that Warren Buffett, its chairman, criticised. 25 February 2019
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