News

Insurance

Ex-DARAG CEO unveils new carrier backed by Munich Re

Former DARAG CEO and current SOVAG chairman Arndt Gossmann has revealed plans to create a new risk carrier focusing on portfolio restructuring of non-life insurers in Europe with Munich Re as its reinsurance partner.   19 October 2018

Insurance

The company secretary can be a risk manager’s best friend

A risk manager’s best friend can be the company secretary—certainly for risk managers who aspire to play a more central role within their companies and reposition themselves as strategic business partners.   5 June 2019

Insurance

UK motor insurance market faces ‘strong’ profit boost in 2018

The UK motor insurance market’s profitability is expected to approach break even in 2017 and see a strong uplift in profits in 2018, according to EY’s latest UK motor insurance analysis.   20 November 2017

News

MS Frontier appoints Malaysia head

MS Frontier Reinsurance has appointed Alexander Milberg as general manager of its Kuala Lumpur office.   5 July 2013

News

Japan events drive Swiss Re Q3 nat cat loss to $1.1bn

Swiss Re estimates its preliminary combined claims burden from recent large natural catastrophes in the third quarter of 2018 at approximately $1.1 billion, net of retrocession and before tax, dominated by weather-related losses in Japan.   18 October 2018

News

Q2 profits down at Munich Re but full year profit guidance unchanged

Profits plummeted at Munich Re in the second quarter of 2017 but the world’s biggest reinsurer said it was still well on track to reach its 2017 profit guidance of between €2 billion €2.4 billion.   9 August 2017

Insurance

AXIS partners with cyber firm to offer cyber security ratings

AXIS PRO, a professional lines division of AXIS Insurance, has partnered with cybersecurity ratings provider BitSight to make security ratings available to certain AXIS policyholders, in an effort to reduce their cyber risk.   18 October 2016

Insurance

Chubb adds CNA hire to North America commercial insurance

Property/casualty insurer Chubb has named Barbara Sandelands executive vice president and customarq package product manager for its commercial insurance division in North America.   16 August 2017

Insurance

Cyber risk management not keeping up with threat

Despite seeing cybersecurity as a top risk management priority, a survey finds out that only few senior executives believe in their organization’s ability to mitigate and respond to a cyber event.   16 February 2018

Insurance

AXIS Capital expands accident and health division via appointment

AXIS Accident and Health, a provider of accident, specialty health and travel-related re/insurance, has appointed Christian Romeih as vice president and business development manager of its Middle East and North Africa reinsurance business.   15 August 2016

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