Articles
Insurance
An increase in foreign exchange volatility in the second quarter of 2016, enhanced further by the surprising result of the UK’s EU referendum vote, has distorted the performance of re/insurance companies during the period. Making more use of hedging for foreign exchange risk could ease such distorting effects from companies’ profit and loss accounts, experts claim. 26 August 2016
Technology
German insurance giant Allianz is boosting its digital capabilities in products and distribution and is planning to apply them to enter new markets, Allianz SE’s first chief digital officer Solmaz Altin told Intelligent Insurer. 24 August 2016
Insurance
Software Alliance Limited (SAL), which develops financial modelling platforms, has appointed Guy Shepherd as its chief executive officer. 18 August 2016
Insurance
Sirius International Insurance Group has added private investor Robert Friedman and vice chairman of Nasdaq, Meyer (Sandy) Frucher, to its board of directors. 17 August 2016
Insurance
Allianz Global Corporate & Specialty (AGCS) has expanded its crisis management team with the appointment of Stewart Eaton to the role of head of product recall for regional unit London (RUL), effective immediately. 17 August 2016
article
Alliant Insurance Services, a distributor of diversified insurance products and services, is expanding its west coast employee benefits team with the addition of a new vice president (VP). 10 August 2016
Insurance
Allianz Global Corporate & Specialty (AGCS) has appointed Thierry Portevin as global head of property and Chris van Gend as global head of engineering, both effective October 2016, and Tina Baacke as global head of Allianz Risk Consulting, effective January 1 2017. 10 August 2016
Insurance
Enstar, a Bermuda-based holding company focussed on acquiring re/insurance companies in run-off, experienced substantial growth in the second quarter of 2016, largely attributed to acquisitions and reinsurance transactions it has made in the last year. 8 August 2016
Insurance
A mixture of flood and storms in Europe and the classification of Allianz’s life and health business in South Korea as held for sale had a negative impact on the German insurer’s profits in the second quarter of 2016. 5 August 2016
Insurance
The Entrepreneurial Insurance Alliance (EIA), formed by MarketScout in 2010, has appointed Barbara Bufkin, executive vice president of Hamilton USA, to its advisory board, effectively immediately. 2 August 2016
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