Articles
Insurance
Russia's insurance market has reached a positive turning point as premiums grew in 2018 driven by life and non-life products, however, credit ratings agency AM Best warned that the recovery was “fragile” as threats remain. 18 July 2019
Insurance
Zurich Insurance Group is acquiring 80 percent of PT Asuransi Adira Dinamika (Adira Insurance), a property and casualty (P&C) insurer in Indonesia, from PT Bank Danamon Indonesia and a minority investor. 27 September 2018
Insurance
US-based insurtech Slice Labs, which offers cloud-based on-demand insurance, has raised an additional $20 million in Series A funding to further expand its offering on a global scale. 27 September 2018
Insurance
The current rate increases in the insurance sector are justified, the Arthur J Gallagher CEO J Patrick Gallagher, Jr., said during the broker’s first quarter 2018 results conference call. 2 May 2018
Insurance
Claims of an allegedly “highly irregular” loan have emerged during the poaching case brought by Arthur J Gallagher (AJG) against the Ardonagh group, which has prompted references to “industrial espionage” from the claimants. 20 March 2019
Insurance
Czech Republic-based reinsurer VIG Re has realigned its organisational structure and management responsibilities. The changes, which it claims will drive “operational efficiencies”, are effective from April 1, 2018. 5 March 2018
Insurance
Marine insurance provider Skuld has appointed Rachael Simpson as senior vice president, London P&I (protection and indemnity) operations. 11 December 2017
Insurance
The Prudential Insurance Company of America (PICA) and UK-based Scottish Widows have agreed to their first-ever longevity reinsurance agreement. PICA has assumed the longevity risk for approximately $1.8 billion (£1.3 billion) of annuity liabilities held by Scottish Widows. 5 February 2018
Insurance
Claims handling has changed hugely thanks to advances in technology, a panel at the Intelligent Automation in Insurance: unlocking the artificial intelligence revolution conference, taking place in London today, has found. 26 April 2018
Alternative Risk Transfer
Pool Re has appointed GC Securities, a division of MMC Securities LLC, as its insurance-linked securities (ILS) advisor and placement agent. 25 April 2018
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