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The reinsurance business is facing “revolutionary” changes through the introduction of new technologies such as blockchain, while the primary insurance market will receive a boost through the widespread use of digital personal assistants, Swiss Re CEO Christian Mumenthaler suggested at the 2017 Monte Carlo Rendez-Vous. 12 September 2017
Insurance
London-centred specialist re/insurance market Lloyd’s said that it will be setting up a new European insurance company to be located in Brussels to secure access to the EU market after Brexit. 30 March 2017
Insurance
The UK government needs to continue working on insurance issues such as whiplash reforms and the discount rate review despite the distraction caused by Brexit negotiations, law firm Clyde & Co has warned. 12 June 2017
Insurance
Novae Group’s pre-tax profits soared in the first half of 2016 to reach record levels for the company in the first half of a year boosted by solid investment returns as a new investment strategy paid dividends. 3 August 2016
Insurance
The increasing use of insurtech and data in the insurance industry is promoting the need for cyber protection, in products as well as with insurance providers. 2 November 2016
Insurance
As managing general agents continue to flourish, John Holm, head of MGA Investments, Asta, explains to Monte Carlo Today what it takes for an MGA to succeed in this market. 11 September 2016
Insurance
A mix of further declining rates, low investment returns and unsustainable reserve releases could push the return on equity of the reinsurance sector below the cost of capital and trigger a rating review, according to S&P Global Ratings. 10 September 2017
Insurance
UK law firm EC3\Legal has appointed Cees Schrauwers, the former managing director of Aviva International, as chairman. 20 April 2015
Insurance
The insurance sector is at risk of being further marginalised by investors as performance reporting has become more complicated as a result of Solvency II, according to a joint report by Willis Towers Watson and Autonomous Research. 25 April 2017
Insurance
Nexus CIFS, a specialist trade credit insurance subsidiary of leading independent specialty managing general agent (MGA) Nexus Underwriting Management Group, has appointed Nicola Slater as commercial underwriter. 12 April 2016
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