News

Insurance

Deutsche Rück’s profits rise but GWP shrink in 2018

German reinsurer Deutsche Rück Group's profits soared in 2018 but its book shrank due to a restructuring of a business segment within the group of German public insurers.   17 May 2019

Insurance

DataCubes partners with workers’ comp MGA Synergy

DataCubes, an automation platform for commercial P&C underwriting, has partnered with Synergy Coverage Solutions, a niche workers’ compensation MGA operating primarily in the Southeast and Midwest.   17 May 2019

Insurance

Insurance brokers fear for their future in uncertain times: report

Insurance brokers are worried about the future of their business amidst all the technological advancements and changing re/insurance landscape, suggests a new report by the Society of Insurance Broking (SIB).   16 May 2019

Insurance

Gallagher promotes construction specialist Fatt to managing partner

Broker Gallagher has promoted Stuart Fatt to the role of managing partner construction, reporting into the newly-appointed CEO of UK Specialty & Wholesale, John Thompson.   16 May 2019

Insurance

Aon, Guy Carpenter partner on blockchain initiative to streamline reinsurance placement

Brokers Aon and Guy Carpenter have teamed up with The Institutes RiskStream Collaborative to streamline the reinsurance placement process using distributed ledger technology (DLT).   16 May 2019

Insurance

Why construction companies need to listen to insurers

There is increasing interest among insurers in getting contractors as well as developers to buy in to the inclusion of leak detection systems in building projects. Intelligent Insurer reports.   16 May 2019

Insurance

Jonathan Evans to replace Lord Hunt as chairman of BIBA

The British Insurance Brokers’ Association (BIBA) has named former insurance minister and current board member Jonathan Evans as its new chairman. He will take up the position in January 2020.   15 May 2019

Insurance

Munich Re appoints Claus-Ulrich Kroll as new Canada CEO

Claus-Ulrich Kroll has been appointed new president and chief executive officer (CEO) of both Munich Reinsurance Company of Canada and Temple Insurance Company.   15 May 2019

Insurance

Munich Re enters global telematics partnership with The Floow

German reinsurer Munich Re has entered into a global partnership with UK-based data analytics and telematics provider The Floow.   15 May 2019

Alternative Risk Transfer

Risk trading insurtech AkinovA secures Bermuda's first regulatory sandbox licence

AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has received the first insurance regulatory sandbox licence from the Bermuda Monetary Authority (BMA).   15 May 2019

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