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Munich Re has nominated former CEO Nikolaus von Bomhard as new chairman of the supervisory board to succeed Bernd Pischetsrieder. 18 October 2018
News
Swiss Re estimates its preliminary combined claims burden from recent large natural catastrophes in the third quarter of 2018 at approximately $1.1 billion, net of retrocession and before tax, dominated by weather-related losses in Japan. 18 October 2018
Alternative Risk Transfer
The risk transfer landscape is being transformed by consolidation and the idea that bigger and more diversity is better—particularly if access to alternative capital is involved. But, just like in real life, some recent marriages—especially those rushed into for the wrong reasons—may well end in divorce. Intelligent Insurer reports. 18 October 2018
Alternative Risk Transfer
By the end 2018 the market for insurance-linked securities (ILS) is expected to reach a total volume of close to $100 billion, according to Hannover Re. 17 October 2018
Insurance
The world of insurance—and the wider world beyond that—will be changed by the advent of the driverless or autonomous car, according to Vincent Branch, chief executive of Accelerate at AXA XL. 16 October 2018
Insurance
US-based Marsh & McLennan Companies (MMC) has received the approval of the Federal Trade Commission to acquire UK-based Jardine Lloyd Thompson Group (JLT). 16 October 2018
Insurance
FedNat Holding Company estimates that its aggregate gross losses as a result of hurricane Michael will be approximately $275 million, the bulk of which will be covered by reinsurance. 16 October 2018
Insurance
Liberty Specialty Markets (LSM) has appointed Roland Heinesch as new cyber underwriter in its Zurich office, citing that the company is “seeing a real increase in demand” across the country. 16 October 2018
Insurance
Insurtech needs to be realistic, according to a panel discussion at the Intelligent Insurtech Europe 2018 conference in London today. 15 October 2018
Insurance
As the renewal season approaches, the airline insurance market is showing definitive upwards movement across all business sectors, according to the latest JLT Aviation newsletter. 15 October 2018
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