News
Insurance
Downside credit risks from the California wildfires are currently most pronounced for investor-owned utilities (IOU), which could face large liabilities if IOU equipment is found to have ignited the fires, according to Fitch Ratings. 29 November 2018
Alternative Risk Transfer
Issuance volumes of cat bonds fell in the 12 months to June 30, 2018, but this is not a true reflection of the market’s inherent robustness as it continues to mature and evolve, according to Aon’s latest ILS report. 29 November 2018
Insurance
Fitch Ratings has downgraded the Insurer Financial Strength (IFS) ratings of health insurer Aetna to 'A' from 'AA-'. 29 November 2018
Insurance
UK-based RSA Group has appointed Geoff Jones as director of its specialty and wholesale unit, part of its global risk solutions (GRS) business. 27 November 2018
Insurance
Marken Re Specialty is a new specialty insurance and reinsurance broker that is set to be launched soon by Pieter Vlasbloem. 27 November 2018
News
The numerous challenges the insurance industry faces mean that innovation is critical to tackling them. Rob Bentley of Guy Carpenter, describes how Guy Carpenter is helping its clients manage these challenges—especially the conundrum of insurtech. 27 November 2018
Insurance
AXA group’s new division dedicated to large P&C commercial lines, AXA XL, will implement AXA’s corporate responsibility policies, including those that relate to the fight against tobacco, climate change, and controversial weapons, as part of a strategy for Environmental, social and corporate governance (ESG). 26 November 2018
Insurance
Allianz group’s specialist corporate insurer Allianz Global Corporate & Specialty SE (AGCS) has appointed Sinéad Browne as its UK CEO. 26 November 2018
Insurance
The supervisory board of Germany-based insurance giant Allianz has extended CEO Oliver Bäte’s contract as chairman of the board of management until September 2024. 23 November 2018
Insurance
Jeremy Pinchin, group claims director of Bermuda-based specialist insurer Hiscox, is retiring at the end of February 2019. 22 November 2018
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