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Explaining what big data is, how it can be used and its benefits to regulators is an important issue for the property/casualty industry—not least to dispel the notion that insurers use such information to their own ends and not to benefit customers, Kurt Bock, the incoming chair of the PCI’s board, told PCI Today. 16 October 2017
Insurance
QBE Insurance Australia has appointed Declan Moore to the role of chief underwriting officer, effective August 22. 18 August 2016
Insurance
Zurich Insurance Group has completed the acquisition of Australian travel insurer Cover-More Group in a A$741 million ($565 million) deal that expands its travel portfolio and positions Zurich as a top three global travel insurance provider. 13 April 2017
Insurance
Slice Labs, an insurtech start-up, has partnered with Munich Re in the follow up to the release of its on-demand insurance platform. 13 July 2016
News
Swiss Re is to form a combined property/casualty (P&C) underwriting hub for the Asia-Pacific region within its reinsurance business unit. 24 May 2017
Insurance
Netherland-based insurance group Aegon has agreed to sell its two largest US run-off businesses, the pay-out annuity business and the Bank Owned / Corporate Owned Life Insurance business (BOLI/COLI), to Wilton Re. 22 May 2017
Insurance
There is no point bemoaning the lack of a truly hard market, for the reality could be that the industry’s cycle has flattened out for the long term, says Gerry Tighe at Matrix Insurance & Reinsurance Brokers. 12 November 2018
Insurance
A collaboration between insurers and IoT service providers is key to enable companies to interpret the huge amount of data available, model and price risks more accurately. 23 June 2017
News
Peak Reinsurance Company (Peak Re), the Hong Kong-based global reinsurer, has appointed Lawrence Cheng as head of underwriting, responsible for the company’s property and casualty product underwriting function and Iain Reynolds as head of analytics. 23 February 2016
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has appointed Katie MacGregor as head of claims for ArgoGlobal. 16 February 2016
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