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Insurers should be wary of innovation
Insurance
The insurance industry should not become obsessed with developing new products driven by technology and fears of competition from new entrants but should instead concentrate on their core business, according to Arno Junke, chief executive officer of Deutsche Rück.   14 November 2016
Insurance
The total impact to US and Caribbean economies as a result of Hurricane Matthew is $15 billion, according to a catastrophe report from Aon.   10 November 2016
EXCLUSIVE: Carriers face difficult negotiations when seeking industrial fire reinsurance in Germany
Insurance
While overall conditions for reinsurance buyers are fairly good due to soft pricing driven by overcapacity in the market, primary insurers in Germany may face difficulties to strike a reinsurance deal for industrial fire insurance in the upcoming renewals season.   8 November 2016
Insurance
While overall conditions for reinsurance buyers are fairly good due to soft pricing driven by overcapacity in the market, primary insurers in Germany may face tough negotiations when buying industrial fire insurance cover in the upcoming renewals season.   8 November 2016
Insurance
Reinsurance intermediary Aon Benfield has appointed Leonora Siccardi as UK head of client services, based in London.   3 November 2016
Insurance
Aon Risk Solutions, the risk management business of Aon, has acquired Stroz Friedberg, a New York-based risk management firm with offices in the US, London, Zurich, Dubai and Hong Kong.   2 November 2016
Insurance
Specialist reinsurance broker Capsicum Re has expanded its Brazil operations with the appointment of Marcio Ribeiro as head of the facultative division based in Sao Paulo, and Júlia Nunes as head of operations, based in Rio de Janerio.   2 November 2016
Insurance
Catastrophe risk modelling company RMS has appointed Michael Steel as global head of solutions, joining its executive team.   1 November 2016
Insurance
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, has appointed Nick Frankland to CEO of its UK business.   31 October 2016
Insurance
Aon reported net income attributable to its shareholders of $307 million for the third quarter of 2016 compared to $295 million in the same period a year ago.   28 October 2016

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