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Insurance
Tokio Marine, the holding company of Tokio Marine & Nichido Fire Insurance, which owns Tokio Millennium Re, has boosted its net income attributable to its parent company by 69.6 percent year-on-year in the second quarter (July-September) to ¥155.2 billion ($1.4 billion) and raised its full year targets. 18 November 2016
Insurance
Insurers have been debating how to make use of opportunities offered by insurtech to make their processes more efficient and create more competitive products at a November 16 Intelligent InsurTech Europe conference in London. 17 November 2016
Insurance
Insurers need to catch up with other industries in the use of technology as the market becomes more competitive – but smaller players might fail to succeed. 17 November 2016
Insurance
Insurers believe technologies and innovations provide significant opportunities to the industry in terms of managing compliance and risk, and improving efficiency and service, according to a study by financial services technology provider FIS. 17 November 2016
Alternative Risk Transfer
Technology could play a significant part in the ongoing evolution of the insurance market – and also impact the ILS segment as well, claims Rafal Walkiewicz, chief executive officer of Willis Capital Markets & Advisory. 17 November 2016
Insurance
Uncertainty arising from the status of past deals and Brexit made 2016 pale in comparison to 2015, but most experts are sure this setback is temporary. Intelligent Insurer reports. 16 November 2016
Insurance
Specialist and corporate insurance provider Tokio Marine Kiln (TMK) has expanded its special risks division with the appointment of Gary Burke as a trade credit and political risk underwriter, based in London. 16 November 2016
Alternative Risk Transfer
An investment in innovation to bring new risks to market is crucial to the future of the ILS sector, says Tom Johansmeyer of ISO/Verisk Insurance Solutions. 16 November 2016
Insurance
The changing needs and demands of reinsurance buyers and how they fit with the direction of innovation in the industry was discussed by six senior executives at Intelligent Insurer’s annual roundtable in Baden-Baden, organised in association with S&P Global Ratings. 15 November 2016
Insurance
American International Group (AIG) has agreed to sell its Japan life insurance business, AIG Fuji Life Insurance (AFLI), to FWD Group, the insurance segment of Pacific Century Group. 15 November 2016
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