News
Insurance
Insurers are facing a profitability squeeze and are increasingly looking to their investment portfolios as a larger component of profitability, according to a study commissioned by BlackRock. 26 September 2017
Insurance
Mondelez, the US food company that owns the Oreo and Cadbury brands, is suing Zurich Insurance for refusing to pay out on a $100 million claim for damage caused by the NotPetya cyber attack in what is seen as the first major legal dispute over how companies recover the costs of a cyber-attack. 15 January 2019
Insurance
Dawning awareness of the scale and severity of financial risks posed by artificial intelligence (AI) means that, in the next few years, London market underwriters will need to review their policies in a search for hidden AI exposure, according to law firm Clyde & Co. 24 July 2018
Insurance
Re/insurer XL Catlin has appointed three executives, Ludovic Ruiller, Ophélie Carême and Vincent Fumey, into its underwriting team in France. 24 January 2017
News
XL Group’s reinsurance segment has appointed Emmanuel Jacquemin as general manager of its operations in Colombia. He will be based in the company’s Bogotá office. 11 September 2014
Insurance
Hannover Re defies “burden of heavy losses” to secure “pleasing growth” in 2018 and forecast further growth for 2019, its chief executive officer Ulrich Wallin said today as the company unveiled its annual results. 5 February 2019
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has launched an 'on demand' aviation insurance product for manned aircraft which it claims to be the first in the market. 6 September 2018
Insurance
Towergate owners HPS Investment Partners (HPS) and Madison Dearborn Partners (MDP) plan to bring together their UK regional network of businesses, which also includes independent van insurance broker Autonet, private medical insurance brokerage provider Chase Templeton and insurance solutions Ryan Direct Group. 9 May 2017
Insurance
Technology will be the key to making the insurance industry more accessible—but the pace of innovation must also match the opportunity and demand, Gerry Tighe, head of treaty, Matrix Insurance & Reinsurance Brokers, told Monte Carlo Today. 9 September 2018
Insurance
The majority of general insurers should consider outsourcing their actuarial function as they prepare for Solvency II, according to OAC Actuaries and Consultants. 13 August 2014
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