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Insurance
While many of its rival reinsurers are seeking alternative growth opportunities through fee income relating to advisory services, technology or the use of alternative risk-transfer structures, Hannover Re’s chief executive officer Ulrich Wallin believes sufficiently profitable traditional risk transfer business will remain available for the foreseeable future. 25 May 2017
Insurance
Insurance lobby groups have expressed their disapproval of EIOPA’s new Ultimate Forward Rate (UFR) methodology will be applied for the first time in the calculation of the risk-free interest rates of January 2018. 6 April 2017
Insurance
Insurers can increase customer retention and reduce costs by automating the receivables processes with artificial intelligence (AI) technology, claims collectAI. 24 May 2017
Insurance
Italian insurer Generali Group, French reinsurer SCOR and German reinsurer Hannover Re are new additions to the blockchain insurance industry initiative B3i. 6 February 2017
Insurance
Insurer Zurich has appointed Paul Horgan as chief executive officer (CEO) of Zurich’s global corporate in North America (GCiNA) business. 2 October 2015
Insurance
The International Underwriting Association (IUA) has elected chairmen of a number of market committees. 15 July 2015
Reinsurance
The re/insurance industry holds high expectations for blockchain technology as an opportunity to increase efficiency of insurance processes, and the future is beginning to take shape with the launch of new platforms and products. Intelligent Insurer reports. 4 December 2018
Insurance
The brunt of an expected one-off reserve charge of approximately £5.8 billion due to the Ogden personal injury discount rate cut may be borne by reinsurance, according to market estimates. While reinsurers told Intelligent Insurer that they are adequately reserved they are preparing for material rate increases. 22 March 2017
Insurance
AEGIS London, the mutual insurance company, has appointed Kevin Miller to the newly-created role of chief operating officer (COO). 29 February 2016
News
Cedants are continuing to enjoy favourable conditions in North America while centralising their reinsurance purchases. 13 November 2015
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