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China’s internet-only ZhongAn Online Property and Casualty Insurance plans to add life insurance and other healthcare products to the range of policies it offers to accelerate growth after going public in Hong Kong, Reuters reported on Sept. 17. 18 September 2017
Insurance
Global marine underwriting premiums for 2016 fell to $27.5 billion, a 9 percent reduction on the figure reported for 2015, the International Union of Marine Insurance (IUMI) said on Sept. 18. 18 September 2017
Insurance
Bermuda-based specialist insurer Hiscox expects net claims of approximately $150 million from Hurricane Harvey. 18 September 2017
Insurance
Insurer RSA has hired the CEO of AXA Corporate Solutions UK to become managing director of its French unit. 15 September 2017
Insurance
Change may indeed be inevitable. Successful change, however, is not. That is just one insight of author and change management expert Campbell Macpherson, who spoke to Intelligent Insurer about the challenges facing reinsurers. 14 September 2017
Insurance
“Change may indeed be inevitable. Successful change, however, is not.” That was the winner of our quote of month competition in August. Here, with that in mind, we introduce the first Editor’s Choice Awards in which we identify the companies, ventures and individuals best equipped to make change successful. 14 September 2017
Insurance
Lloyd’s CEO Inga Beale warns in a speech at the International Shipping Week on Sept. 14 of the risk that traditional players may lose market share to new competitors in marine business. 14 September 2017
News
Losses from Hurricane Harvey and Irma could mean that Munich Re will miss its profit guidance of €2.0–2.4 billion for 2017, the company said in a Sept. 13 press release. 14 September 2017
Insurance
Hurricane Irma, which hit Florida over the past weekend and is expected to result in $16-26 billion of reinsured losses, will trigger rate increases of 4-5 percent for US nat cat reinsurance cover, according to Sept. 14 research by asset manager AllianceBernstein. 14 September 2017
Insurance
Insurer Chubb has promoted Tara Parchment to head its European personal risk services division, based in London. 14 September 2017
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