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Cyber security hit the headlines again this week as a UK watchdog said it intends to fine British Airways (BA) £183.39m for breaches of data protection law. 9 July 2019
Insurance
Trust Re is focusing on its long-term partnerships and stresses that it has the full support of shareholders as it looks to address a recent downgrade by AM Best, Sinisa Lovrincevic of Trust Re, tells Baden-Baden Today. 23 October 2018
Insurance
The recent new wave of consolidation has shown a further trend towards more companies operating so-called hybrid business models, whereby they write both insurance and reinsurance. Such a model can generate useful synergies, but it is also one of many factors driving consolidation, Torsten Jeworrek, member of Munich Re’s Board of Management, told Monte Carlo Today. 9 September 2018
Insurance
Re/insurer QBE Australia and New Zealand has appointed Bettina Pidcock as its first chief customer officer. 29 June 2017
Alternative Risk Transfer
Reinsurance placements at 1 January 2019 highlight a pricing gap between accounts with peak peril exposures or poor loss records and the rest, with many reinsurers placing emphasis on the quality of client counterparties, according to the latest 1st View renewals report from Willis Re. 2 January 2019
Insurance
Syndicate Research Limited (SRL) has affirmed the A- (Good) Continuity Opinion of Lloyd's syndicate 2003 but has changed the outlook for the Continuity Opinion from stable to negative in light of the syndicate’s recent 5-year average performance relative to its Continuity Opinion peer group. 21 November 2018
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General insurers need to reverse the decline in regulatory investment and capital expenditure on technology if they are to match life insurers’ investment plans. 6 October 2014
Insurance
Private investment firm Altamont Capital Partners (ACP) has made a majority equity investment in Access Holdco Management, an insurance managing general agency (MGA) focused on the non-standard auto market. 20 January 2016
Insurance
Following the publication of the International Association of Insurance Supervisors consultation of the Insurance Capital Standard, the deputy director general of Insurance Europe, Olav Jones, has made comment. 19 July 2016
Insurance
Zurich Insurance has appointed Saad Mered to CEO and chief agent of Zurich Canada. 8 August 2018
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