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Insurance
Heavy losses from the series of hurricanes in North America and other natural catastrophes hit profits at Allianz Group in the third quarter of 2017 but the insurer also posted steady growth drive largely by its life and health business. 10 November 2017
Insurance
Talanx, the parent company of Hannover Re, has appointed Torsten Leue as its new chief executive officer. The current CEO, Herbert Haas, will step down from the board of management at the request of the majority shareholder HDI. 10 November 2017
Insurance
New business in West and Southern Africa as well relatively stable currencies against the US dollar drove growth at Africa Re for the first nine months of 2017. But the reinsurer made a loss due to higher claims. 10 November 2017
Insurance
Hong Kong-based Peak Reinsurance Company has been authorised as a life and general reinsurer by the Monetary Authority of Singapore to write reinsurance business in the country. 10 November 2017
Insurance
Willis Towers Watson has appointed Janet Pane as head of global services and solutions (GSS) within its corporate risk and broking segment. 10 November 2017
Insurance
Data analytics provider Verisk has acquired Rebmark Legal Solutions, a provider of injury claims solutions based in Sheffield, England. 10 November 2017
Insurance
Loss adjuster McLarens has expanded its All-Ireland casualty team with the appointment of liability adjusters Ruairi McMullin and Eoin Hanratty in Dublin. 10 November 2017
News
Reinsurance broker and consultant JLT Re and CX Insurance Services have announced a new partnership for the launch of CXIS’s P&C retention and policy growth programme. 10 November 2017
Insurance
Income from disposals has helped Canada-based property/casualty re/insurer Fairfax Financial Holdings to weather the impact of nat cat events in the third quarter of 2017. 3 November 2017
Insurance
Insurers must not get wrapped up in the hype around technology and must instead ensure they innovate and invest in technology in a disciplined way, as Paul Mang, Aon’s global CEO of analytics, explains to SIRC Today. 1 November 2017
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