News
Insurance
The average annual insured losses of a 1 in 100-year return period cat event has increased to $270.9 billion in 2018 from $246.9 billion, according to data provider AIR. 27 November 2018
Insurance
Specialist insurer Markel has partnered with European yacht insurance provider Pantaenius to strengthen its global yacht offering. 27 November 2018
News
The numerous challenges the insurance industry faces mean that innovation is critical to tackling them. Rob Bentley of Guy Carpenter, describes how Guy Carpenter is helping its clients manage these challenges—especially the conundrum of insurtech. 27 November 2018
Insurance
Allianz group’s specialist corporate insurer Allianz Global Corporate & Specialty SE (AGCS) has appointed Sinéad Browne as its UK CEO. 26 November 2018
Insurance
Claims from typhoon Jebi have reached ¥585.10 billion ($5.17 billion), surpassing claims of Typhoon Mireille, the most expensive typhoon in Japan so far with ¥568.0 billion, according to the General Insurance Association of Japan (GIAJ). 26 November 2018
Insurance
The three major Japanese non-life insurance groups - Tokio Marine Holdings, MS&AD Insurance Group Holdings and Sompo Holdings – have incurred their biggest annual catastrophe loss on record in the first half of the financial year ending March 2019 (FYE19), according to Fitch Ratings. 26 November 2018
Insurance
Czech Republic-based reinsurer VIG Re has opened a new branch office in Paris to further strengthen its presence in Continental Europe. 26 November 2018
Insurance
German re/insurer Talanx, the parent company of Hannover Re and HDI, has made personnel changes in the management board of its German unit following the departure of Ulrich Rosenbaum. 26 November 2018
Insurance
German insurance giant Allianz has received approval from the China Banking and Insurance Regulatory Commission (CBIRC) for the preparatory establishment of an insurance holding company in China. 26 November 2018
Insurance
The supervisory board of Germany-based insurance giant Allianz has extended CEO Oliver Bäte’s contract as chairman of the board of management until September 2024. 23 November 2018
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