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Focus on quality, not just price
Insurance
Renewals discussions are increasingly focused less on price and more on products and solutions, a trend that is putting pure capacity providers in a weaker position, Artur Klinger, chief underwriting officer of NewRe, told Baden-Baden Today.   23 October 2018
Insurance
Specialty insurer Markel has reported on Oct. 25 that it made a net loss of $259.1 million in the third quarter of 2017 attributable to shareholders.   26 October 2017
News
Reinsurance broker JLT Re said on Aug. 24 that it has appointed Khun Nivatvongs managing director of Thailand.   24 August 2017
Insurance
2018 is set to be the most costly catastrophe year for Asia-Pacific since 2011, leading to potential rate hardening at renewals, but the impact is likely to be restricted to countries hit directly by losses, Michael Reynolds, global chief executive officer of JLT Re, told SIRC Today.   30 October 2018
Insurance
Insurance software solutions provider Fadata as acquired Munich-based insurance technology specialist IMPEO, along with its subsidiaries.   2 August 2017
Insurance
Gary Shaughnessy, Zurich Insurance Group’s CEO Europe, Middle East & Africa (EMEA) is stepping down from his role and as a member of Zurich’s executive committee in the fourth quarter of 2018.   5 April 2018
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has promoted Alex Dugand to regional managing director for Asia, reporting to CEO Charles Franks.   5 April 2018
Insurance
Syndicate Research (SRL) has downgraded the B-^ (Below Average), stable outlook, Continuity Opinion of Lloyd's syndicate 780 (Advent Underwriting) to C+^ (Below Average).   17 July 2018
Insurance
Insurers that embrace artificial intelligence and automation will gain a competitive edge that could help them swallow their rivals in the future, experts have said.   6 February 2019
Insurance
Flaspöhler, part of NMG Consulting, conducts an annual, global study designed to illustrate the competitive positioning and value proposition of reinsurers in relation to their peers. Here, we reveal how the top reinsurers fared when brokers and insurance executives across Latin America were surveyed.   13 November 2017

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