News
Insurance
The German life insurance market is heavily under pressure in terms of profitability, but this represents a great opportunity to provide finality to portfolios by using run-off as a strategic tool, Robert Buchberger, managing director at Pro Germany, told Baden-Baden Today. 24 October 2018
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
Plum Underwriting, the household insurance managing general agent (MGA), which is part of the Global Risk Partners (GRP) group, has made a number of appointments, expanding its underwriting, electronic trading and claims capabilities. 2 November 2015
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
article
Specialist insurer Markel International has acquired managing general agent and specialist insurer MDT Makler der Touristik GmbH Assekuranzmakler. 8 October 2014
Technology
AI offers the opportunity to boost the skills and value of underwriters as it ‘rides sidecar’ to people, providing on the job learning, says Richard Hartley, CEO of insurtech Cytora. 21 May 2020
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
Zurich has appointed Tulsi Naidu as CEO of its UK business. She will report to Gary Shaughnessy, CEO for Europe, Middle East & Africa (EMEA). 14 November 2016
Insurance
Endurance Specialty Holdings, the Bermuda-based specialty re/insurer, has appointed Giles Quartly as senior vice president and head of international casualty insurance. 3 March 2016
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
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