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The market reports a £2.5bn return to profit and improved underwriting performance, but the pandemic is already taking its toll hitting assets and refocusing future priorities. CEO John Neal says the outbreak will change the world and ways of working forever. Intelligent Insurer reports. 27 March 2020
Insurance
Although earthquake risk in Japan is relatively well understood and the industry performed well in the aftermath of the last big quake to hit the country, in 2011, more must be done to tackle the protection gap (the difference between the economic loss and the insured loss) and the extent to which insurance is used to protect certain risks. 30 October 2017
Alternative Risk Transfer
As GIC Re makes its first acquisition, the company’s chairman-cum-managing director, Ashok Kumar Roy, tells Intelligent Insurer why Africa is the obvious stepping stone to the company’s expanding international reach. 4 August 2014
News
Hannover Re has posted a record profit in its 2013 results driven largely by its non-life reinsurance arm – but Ulrich Wallin, its CEO, has warned of challenges and a potential softening of the market. 11 March 2014
Insurance
US broker Lockton has named Justin VanOpdorp as its first chief analytics officer. 18 October 2015
Insurance
Genworth Financial, the US financial services company with substantial insurance operations, has become the latest insurer to be acquired by investors from Asia. It has been acquired by China Oceanwide for approximately $2.7 billion. 25 October 2016
Insurance
AM Best has upgraded the financial strength rating of Arab Insurance Group (Arig) to A- (Excellent) from B++ (Good). The outlook of the rating has been revised to stable from positive. 22 December 2016
article
ACE Group has made a number of key executive appointments in its multinational claims operations to support the recent creation of ACE’s global accounts division. 19 September 2014
Insurance
Insurers have a critical role to play in helping to support the transition to a low carbon world through sustainable investments and through insuring renewable energy and energy efficient homes, said Matt Cullen, head of strategy at the Association of British Insurers (ABI). 15 December 2015
Insurance
The first estimates have been released of the anticipated industry insured losses from the M7.1 earthquake that struck central Mexico on September 19. 25 September 2017
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