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Munich Re faces 2017 profit of around €350m instead of €2.0-2.4bn
Insurance
Munich Re expects around €350 million net profit for the full year of 2017 subject to fourth quarter developments but sees significant signs of improvement in the operating environment for 2018, chief financial officer Jörg Schneider suggested.   9 November 2017
Insurance
The Travelers Companies estimated fourth-quarter catastrophe losses related to the California wildfires, including estimated recoveries from reinsurance, to be in the range of $525 million to $675 million pre-tax.   9 November 2017
Insurance
White Mountains has posted a jump in its third-quarter results, driven by the sale of specialty insurer OneBeacon.   9 November 2017
Insurance
Insurers in emerging markets - such as China and other Asian markets - are introducing innovative insurtech solutions at a faster rate than those in more developed markets, according to a Willis Towers Watson study.   9 November 2017
Insurance
Insurtech start-up Betterview has released a commercial drone inspection package to allow insurers to capture, organise and analyse imagery of buildings and property.   9 November 2017
Insurance
The Hanover Insurance Group has appointed Richard Lavey as president of Hanover Agency Markets, succeeding John Roche, who was recently named president and CEO of The Hanover.   8 November 2017
Insurance
Eight senior figures gathered at a roundtable discussion covering the forces driving change in and shaping the London Market in the context of how insurers and reinsurers are responding. The discussion, held in partnership with DXC, covered topics including Brexit, premium shrinkage and competition from other domiciles, talent and diversity.   30 October 2017
Insurance
After record catastrophe losses in the third quarter, P&C executives are more bullish on pricing, according to an October 24 research note by Morgan Stanley.   25 October 2017
Insurance
Giuseppina Albo is leaving the board of management of Munich Re at the end of 2017 to take up the position of CEO at Hamilton Insurance Group in 2018, Munich Re said on Oct. 19.   19 October 2017
Insurance
Bermuda-based specialty P&C re/insurer Sompo International Holdings said on Oct. 19 that it has launched a new strategic partnership in Africa to access new markets.   19 October 2017

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