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Insurance
Despite enduring a rough ride during the credit crisis, trade credit insurance and reinsurance are still very much in demand, as the events of 2008-09 still affect supply chains globally, Intelligent Insurer reports. 1 March 2011
Insurance
The insurance industry is going through an unparalleled period of change at an unprecedented pace and chief executives unwilling or unable to embrace this rapid development in their markets may not find themselves in their role for long. They must embrace change or get left behind. 15 October 2017
News
Guy Carpenter & Company, the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Companies, has appointed Susanne Miller-van der Schild as managing director, Guy Carpenter Benelux, effective 1 February. 20 January 2016
Insurance
Lloyd’s broker Lonmar Global Risks has hired Alastair Johnstone as divisional director of its non-marine division. 6 March 2015
Alternative Risk Transfer
Armour Group Holdings, a Bermuda-based insurance group, has made an investment in Cobalt Insurance Holdings, a London-based provider of Shariah compliant insurance and reinsurance products. 19 January 2016
Insurance
American International Group (AIG) reported a net loss of $3.04 billion, up from a negative $1.84 billion in the same period of 2015, impacted by a $5.6 billion prior year adverse reserve development. 15 February 2017
Insurance
Prior-year reserve releases, which have been supporting reinsurers’ profitability in the current soft market, are drying up at some reinsurers, which may help to increase rates, Munich Re chief financial officer Jörg Schneider. 9 May 2017
Insurance
Broker Lockton has hired three energy risk executives to boost its global energy practice. 6 August 2014
News
Swiss Re blamed high levels of insurance claims from natural catastrophe events and a challenging business environment for a big slump in its profits in the first quarter of 2017 as gross written premiums at the company also decreased. 4 May 2017
News
Swiss Re offered some interesting insights into its future strategic priorities in its results covering the first quarter of 2017 as it emphasised initiatives to close so-called protection gaps in society and opportunities in Asia. 4 May 2017
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