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Insurance
Re/insurer QBE is realigning its operating model to take a more customer-centric approach. The move has resulted in several people moves, and creation of two new portfolios in its Australian and New Zealand operations. 7 February 2018
Insurance
Jardine Lloyd Thompson Group (JLT) has hired AIG's former aerospace and marine leader Joe Trotti to become the broker’s global practice head of aviation, and join its new global specialty leadership team. 7 February 2018
Insurance
Validus Specialty has launched a standalone cyber insurance product, focused on privacy and network protection coverage, to further expand its offering and meet a growing demand. 6 February 2018
Insurance
After an unusually tough 2017, Munich Re is facing tailwinds from increasing prices on the back of high catastrophe losses from hurricanes Harvey, Irma and Maria, as well as climbing interest rates. 6 February 2018
Insurance
Re/insurer XL Catlin has promoted Mike MacColl to the position of global practice leader for hull. Previously, MacColl held the role of head of hull for the UK. 6 February 2018
Insurance
In an increasingly digitised age, the art of the presentation is becoming lost, which can be a problem in a people-oriented industry such as insurance. To rekindle this lost skill, some insurers are turning to a stand-up comedian to help them wow an audience. 5 February 2018
Insurance
Lloyd’s CEO Inga Beale has warned about the dangers the market could face if it does not speed up the adoption of new technology. 5 February 2018
Alternative Risk Transfer
Institutional asset owners are increasingly confident in allocating to insurance-linked securities (ILS) and would remain invested even after a major hurricane, according to a recent survey of 100 institutional asset allocators. 31 January 2018
News
Record losses from the 2017 hurricane season have failed to trigger the rate increases the industry had hoped, with many experts and reports based on analysis of the recent renewals now suggesting that low rates may be here to stay. 29 January 2018
Insurance
Blockchain technology could reduce re/insurer’s administrative costs by up to 30 percent by making transactions faster and more efficient, according to Ken Marke, director for strategy and business development at Ageas Group and chief marketing officer of B3i. 29 January 2018
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