News
Alternative Risk Transfer
Rather than make the discovery after it’s necessary, it would be much more effective to develop a robust cyber ILW market before it’s needed, says Tom Johansmeyer of Verisk Insurance Solutions. 8 December 2017
Insurance
PartnerRe made a big loss in the third quarter of 2017 because of cat losses related to the hurricanes Harvey, Irma and Maria. But the company also enjoyed continued steady growth and said it anticipates improving pricing conditions. 17 November 2017
Insurance
Anne Waleski, executive vice president and chief financial officer (CFO) of Markel Corporation and its vice chairman Michael Crowley are set to step down from their current positions. 17 November 2017
Insurance
Losses from the California Wildfires will reach between $8 billion and $10.5 billion, according to risk modelling firm AIR Worldwide, which has now conducted a damage survey and acquired new information about policy terms, and a re-examined the replacement values of high-value homes within its industry exposure database (IED). 17 November 2017
Insurance
Verisk Analytics, a provider of property/casualty insurance risk information, has appointed Lee Shavel as executive vice president and chief financial officer (CFO). 17 November 2017
Insurance
Lycetts, a UK-based insurance broker and financial services provider, has appointed Charles Foster as its new chief executive officer. 17 November 2017
Insurance
Heavy losses from the series of hurricanes in North America and other natural catastrophes hit profits at Allianz Group in the third quarter of 2017 but the insurer also posted steady growth drive largely by its life and health business. 10 November 2017
Insurance
Talanx, the parent company of Hannover Re, has appointed Torsten Leue as its new chief executive officer. The current CEO, Herbert Haas, will step down from the board of management at the request of the majority shareholder HDI. 10 November 2017
Insurance
New business in West and Southern Africa as well relatively stable currencies against the US dollar drove growth at Africa Re for the first nine months of 2017. But the reinsurer made a loss due to higher claims. 10 November 2017
Insurance
Hong Kong-based Peak Reinsurance Company has been authorised as a life and general reinsurer by the Monetary Authority of Singapore to write reinsurance business in the country. 10 November 2017
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