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Buyers show mercy on pricing
Insurance
It takes a sophisticated outlook on business to resist getting a better deal than the year before, but that is exactly what some buyers are starting to do as they empathise with their reinsurers, and also have one eye on self-preservation, as Intelligent Insurer finds.   18 October 2016
Insurance
Global insurance broker Willis has appointed Thomas Messer as regional leader of aviation in Latin America.   31 July 2015
News
Leading reinsurer Swiss Re has sought shareholder approval for a ten percent increase in ordinary divided, following newly enforced Swiss regulation.   18 March 2014
Insurance
Usage-based insurance (UBI) will help motor insurers to reduce expenses by facilitating claims processes and combating fraud. Moreover, the technology will allow for the addition of services to the insurance product and enable higher premiums, said Pravar Gautam, vice president Asia & EMEA at Scope Technologies.   31 October 2016
Insurance
Australia’s QBE is observing that business that in the past went through the London Market is increasingly being processed at other international locations, driven by cost pressure and client demands.   28 February 2017
Insurance
UK insurer Aviva has agreed to acquire pensions company Friends Life for £5.6 billion.   2 December 2014
Insurance
As the use of drones for a variety of purposes in the world grows, insurers will need to work out how best to insure them and where the risk sits, said William Mauro, director of commercial lines at ISO Solutions, a Verisk Analytics business.   13 September 2016
Insurance
Twelve Capital unveiled an extension of its investment strategy at this year’s Rendez-vous de Septembre in Monte Carlo.The new strategic approach aims to provide small and medium sized insurers with an additional source of regulatory capital and to generate attractive risk-adjusted returns for Twelve Capital’s investors’ base.   3 October 2013
Technology
For an industry built on relationships, the importance of technology to staying in contact was proved very quickly when social distancing began. The pandemic has showcased innovative insurtechs and technology, which could drive faster digital transformation industry-wide. Intelligent Insurer speaks to leaders at two game-changing insurtechs.   27 April 2020
Insurance
Insurance Development Forum (IDF) chair Stephen Catlin has announced the appointment of leading insurance chief executive officers (CEOs) to serve on the Steering Committee of the IDF.   17 May 2016

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