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Insurance
Re/insurance broker BMS Group has launched a Brisbane office and appointed Sam Mayne as director of wholesale and facilities, reporting to Brett Field, chief executive officer of BMS Australia. 7 October 2015
Insurance
Global specialty re/insurer Sompo Canopius has entered into a licence agreement with SSBN, which will provide it with flood models and hazard maps for the US. 10 February 2016
Insurance
Artificial intelligence (AI) and the internet of things (IoT) accounted for almost half of total investment in insurtech startups globally in 2016, according to consultancy firm Accenture. 31 March 2017
News
Emerging liability requirements as a result of international investors’ involvement in many of the large Latin American businesses is accelerating claims consciousness in the region, says John Blake, managing partner of Hemispheric Reinsurance Group. 27 October 2015
Insurance
With its centenary just around the corner, reinsurance broker Holborn is enjoying almost unprecedented growth as US cedants seek a true alternative solution, the firm’s Frank Harrison tells PCI Today. 29 October 2018
Insurance
Allianz is pondering whether it should buy more cyber coverage, Amer Ahmed, CEO of Allianz Re, which handles the insurer’s reinsurance buying programme, told Monte Carlo Today. 13 September 2017
Insurance
Some insurers are looking to strengthen their reinsurance programmes in the aftermath of hurricanes Irma and Harvey as they fear being underexposed with so much of the hurricane season still to run. 13 September 2017
Insurance
American International Group (AIG) reported a net loss of $6.66 billion for the fourth quarter of 2017, compared to a net loss of $3.04 billion in the prior-year quarter. 9 February 2018
Insurance
The combination of a more active hurricane season in North America turning pricing in the market and the ceasing of quantitative easing in the US and Europe could trigger an end to the declining profitability of property/casualty reinsurance business, according to Denis Kessler, the chief executive of SCOR. 11 September 2017
News
Munich Re’s projections for the reinsurance industry show little growth for the sector as excess capital continues to compete for business. But the reinsurer also believes that the losses generated by the recent hurricanes will trigger more demand. 11 September 2017
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