News
Insurance
Australia-based insurer QBE is implementing measures targeting more than A$200 million ($144 million) in gross cost savings by 2021. 11 December 2018
Insurance
Structured reinsurance solutions drove impressive growth at Hannover Re across the first nine months of the year as it also confirmed that it anticipates a profit of more than €1 billion this year, even making allowance for a one-time charge from its life and health reinsurance business. But its CEO also warned on what he called sustained intense competition. 8 November 2018
News
Africa Reinsurance Corporation (Africa Re) said on Sept. 19 that Daryl De Vos, managing director of Africa Re South Africa (ARCSA) has resigned. 20 September 2017
Insurance
Zurich Insurance Group posted a stable set of results for the first nine months of the year with its life business and Farmers Exchanges performing well though its CFO warned on the challenging environment it is seeing on the property/casualty side of things. 8 November 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
Insurance
Suppliers are at risk of having insufficient trade credit insurance as some British firms, such as retailers and manufacturers, stockpile goods amid mounting concerns of a no-deal Brexit, according to Marsh, an insurance broking and risk management solutions provider. 25 October 2018
Insurance
Brit has hired Aspen Insurance’s vice president, primary casualty, to the role of senior vice president, excess casualty, its unit for Brit Global Specialty USA. 22 August 2017
Insurance
Broker Aon’s reinsurance solutions business has launched its public private enterprise (PPE) specialty practice to address the global insurance protection gap. 6 September 2018
Insurance
The recent wave of consolidation in the industry is being driven partly by re/insurers acknowledging their high costs and attempting to reduce them, increasing profitability in the process, Matthew Wilken, president of Argo Re, told Baden-Baden Today. 23 October 2018
Insurance
Bermuda-based Third Point Reinsurance has announced that John Berger, chairman of the board of directors, will be stepping down at the end of the term. 9 November 2017
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