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Insurance
Private equity firm KKR and Canada-based Caisse de dépôt et placement du Québec (CDPQ) are set to acquire US insurance brokerage and consulting firm USI Insurance Services. 17 March 2017
Insurance
Flood control measures saved Europe from significant losses after the region faced this year’s costliest catastrophe. But there are still lessons to be learned and more must be done in other parts of the world, according to Munich Re. 10 January 2014
Insurance
Insurance CEOs are more concerned than leaders in any other industry about threats to their growth prospects, according to PwC’s annual global CEO Survey. 13 February 2017
Insurance
The total transaction volume of insurtech merger and acquisitions (M&As) in Asia hit $460 million in 2017, more than three times that of 2016, as industry incumbents and new entrants to the market pushed towards greater digitalization, according to the fourth Quarterly InsurTech Briefing from Willis Towers Watson. 9 April 2018
Insurance
Munich-based Allianz has appointed Giulio Terzariol as chief financial officer (CFO), succeeding Dieter Wemmer, whose contract ends at the end of 2017. 10 March 2017
Alternative Risk Transfer
Reinsurance broking and consultancy provider JLT Re said that the reinsurance rate decline accelerated in the 1 June 2017 renewal, falling for the sixth consecutive year. 2 June 2017
Insurance
As interest and investment in the insurtech sector rapidly grows, many executives increasingly believe that what was once considered hype around this sector’s potential to transform re/insurance will now become a reality. 11 September 2017
Insurance
The frequency of major vessel casualties rose in 2016 for the second consecutive year, according to the International Union of Marine Insurance. 7 April 2017
Insurance
UK-based insurance intermediary Towergate Insurance recorded a loss before interest, taxes, depreciation and amortisation in the first quarter of 2017 after a profit in the same period a year ago. 9 May 2017
article
Despite a recent minor hardening of rates, most captive insurers haven’t increased their retentions and the reinsurance buying programmes of most remain stable. But this could soon change due to regulatory changes and if rates continue on their upward trajectory. 16 April 2013
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