News

News

VIG Re plans Asia, Europe expansion, says chairman

VIG Re wants to expand in continental Europe as well as Asia, according to Karl Fink, chairman of the supervisory board of VIG Re.   13 April 2018

Insurance

Insurers refocus strategy to reduce capital intensity

Strategically, insurers are reducing the capital intensity of the business by focussing on health, protection, unit-linked, asset management and short-tail property/casualty (P&C) lines, according to Morgan Stanley.   13 April 2018

Insurance

AM Best warns over cyber challenge for insurers

Cyber risk assessment and mitigation should be a top priority for insurers in their enterprise risk management (ERM) efforts, according to AM Best.   13 April 2018

Insurance

Alliant acquires New York insurance brokerage Crystal & Company

Alliant Insurance Services, a specialty insurance brokerage firm, has entered into a definitive agreement to acquire New York-based Crystal & Company.   13 April 2018

Insurance

Marsh unveils digital labs in insurtech push

Global insurance broking and risk management firm Marsh has launched Marsh Digital Labs to develop next-generation insurance products and distribution channels.   13 April 2018

Insurance

AXA backs insurtech for pay-by-mile car insurance in UK

The UK unit of French insurance giant AXA has partnered with pay-by-mile insurtech startup By Miles, which is launching a product aimed at motorists that drive infrequently – typically under 7,000 miles a year.   13 April 2018

Insurance

CNA appoints global reinsurance SVP from AIG

US commercial insurer CNA has appointed Mark James as senior vice president (SVP) global reinsurance, responsible for the firm's reinsurance strategies and purchasing around the globe.   12 April 2018

Insurance

QBE replaces CFO after 7 months amidst management shake-up

Australia-based QBE Insurance Group is replacing its group chief financial officer (CFO) Michael Ford who has assumed the role only in September 2017.   11 April 2018

Insurance

Marsh appoints CEO of Middle East and Africa from Oman Insurance

Global insurance broking and risk management firm Marsh has appointed Christos Adamantiadis as CEO of a newly-combined Middle East and Africa region, and Ayman El Hout as country leader for the United Arab Emirates (UAE).   11 April 2018

Insurance

Chubb CEO Greenberg sees “tremendous opportunity” in middle market, SMEs

Property/casualty insurer Chubb is targeting major growth opportunities in the global middle market and small commercial business sector, CEO Evan Greenberg said in a letter to shareholders.   9 April 2018

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