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Reinsurers recorded single-digit risk adjusted rate reductions in Japan’s April 1 renewals, according to William Thompson, regional director of broker Willis Re. 18 April 2017
Insurance
Specialist re/insurance provider Pro Global Insurance Solutions has appointed Jan-Henning Evers as new managing director to spearhead growth in managing complex claims in Germany. 18 April 2017
Insurance
Des Moines-based Fidelity & Guaranty Life (FGL) said that it terminated its merger agreement with China’s Anbang Insurance Group and that the company's board of directors has received interest from a number of alternative parties. 18 April 2017
Insurance
Insurers are using artificial intelligence (AI) for example to increase efficiency in the claims process raising potentially unjustified fear among staff of being made redundant, executives noted during a roundtable organised by Intelligent Insurer. 13 April 2017
Insurance
Extratropical Cyclone Zeus, which primarily affected France on March 6 and 7, 2017 has caused insured property market losses of €192 million, according to estimates by catastrophe insurance data provider PERILS. 13 April 2017
Insurance
Flood Re as appointed Andy Bord, currently interim CEO at Flood Re, to the position permanently, subject to regulatory approval. 13 April 2017
Insurance
Bermuda-based Everest Re is likely to get involved in mergers and acquisitions as reinsurers operating in the US are under significant pressure to grow, according to CreditSights analysts. 13 April 2017
Insurance
Specialty re/insurer Brit has appointed David Lim as the CEO of Brit Global Specialty Singapore with effect from May 15, 2017. 13 April 2017
Insurance
California-based Alliant Insurance has combined its portfolio of industry-focused specialty insurance practices under one banner to form Alliant Specialty Group, which will be led by Peter Arkley. 13 April 2017
News
Swiss Re has reported its claims estimate for tropical Cyclone Debbie at around $350 million. 13 April 2017
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