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Insurance
A trend towards more tailor-made products in the manufacturing industry is changing the risk exposure, requiring re/insurers to adapt their risk assessment and their products, said Georgi Pachov, global practice group leader cyber at Allianz Global Corporate & Specialty. 25 October 2016
Insurance
Despite acknowledging that pricing in parts of the reinsurance market is now unsustainable, buyers too are at the mercy of wider market dynamics and must seek rate decreases in line with market trends if they are available, or risk losing a competitive advantage, Amer Ahmed, chief executive of Allianz Re, told Baden-Baden Today. 25 October 2016
Insurance
Aegon, Allianz, Munich Re, Swiss Re and Zurich have launched the blockchain Insurance Industry Initiative B3i, which aims to test the distributed ledger technology’s viability to executive digital contracts and transactions in a secure, transparent and auditable way. 24 October 2016
Insurance
As the reinsurance industry moves on to negotiations in Baden-Baden, with the help of SNL Financial, a product of S&P Global Market Intelligence, we decided to take a look at the biggest buyers of reinsurance in Europe, the Middle East and Africa (EMEA). 23 October 2016
Insurance
Large reinsurance buyers claim they are not focusing on price in the upcoming renewals season. 18 October 2016
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
As companies grapple with new and emerging complex risks including cyber, terrorism and D&O, this also presents an opportunity for insurers if they can innovate to address clients’ needs, Chin Feng, Hong Kong & Greater China CEO for Allianz, told EAIC Today. 13 October 2016
Insurance
XL Catlin has opened its second office in Mexico, located in Monterrey, and has appointed Carlos Matthey as client distribution leader. 13 October 2016
Insurance
The rapid growth in the value of assets in the Asia region coupled with rising concentration levels, means there has been a significant increase in the degree of exposure to natural catastrophes, Eduard Held, head of products at PERILS, told EAIC Today. 12 October 2016
Insurance
Cyber risk, terrorism and D&O risks are high on the agenda for companies in Asia, Chin Feng, Hong Kong & Greater China CEO for Allianz, told EAIC Today. 12 October 2016
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