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Insurance
Joining the NatCatDAX Alliance, which has been set up to help increase data availability for natural catastrophe insurance in Asia, represents a unique opportunity for PERILS to establish its presence in the Asia region, Eduard Held, head of products at PERILS, told EAIC Today. 11 October 2016
Insurance
Catalina Holdings UK, a wholly-owned subsidiary of Catalina Holdings (Bermuda), has completed its acquisition of AGF Insurance from a subsidiary of Allianz. 11 October 2016
Insurance
Allianz Group has signed a partnership with the International Finance Corporation (IFC), a member of the World Bank Group, to invest $500 million for infrastructure projects in emerging markets worldwide. 6 October 2016
Insurance
Deal volumes in mergers and acquisitions (M&A) are likely to be lower this year as merger activity takes a break because the industry is focusing on developing strategies and rebalancing portfolios in line with Solvency II rules. But there are many reasons to believe that activity is going to pick up again soon. 6 October 2016
Insurance
In the current challenging soft market and low interest rate environment, large re/insurance companies are in an advantageous position as they can better absorb the pressure and find alternative income sources. Search for scale is therefore likely to drive M&A activity in the coming years, Intelligent Insurer reports. 6 October 2016
Insurance
Sirius International Insurance Group (Sirius Group) has made a series of appointments as part of an expansion of its global team. 5 October 2016
Insurance
Car manufacturers and suppliers are investing massively in automated driving technology and creating a rush hour of challenges for the motor insurance industry as a consequence. Intelligent Insurer finds out more. 4 October 2016
Insurance
Brit Global Specialty USA (BGSU), a subsidiary of Brit, has appointed Will Frohne as vice president (VP), cargo, and Craig McGinnes as VP, yacht, as part an expansion of its marine business. 4 October 2016
Insurance
Arch Insurance Group has appointed James Slate as senior vice president and head of accident and health (US), based in Jersey City. 30 September 2016
Insurance
Allianz Global Corporate & Specialty (AGCS) has added FireEye, a provider of cyber security and malware protection, to its panel of services providers. 27 September 2016
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