News
Insurance
The covered agreement between the EU and the US will establish a level playing field for transatlantic reinsurance business. But as it makes underwriting more attractive for reinsurers from the opposite side of the Atlantic, it is set to increase competition in both markets, adding pressure on pricing and conditions in an already soft market. Other countries like Switzerland don't want to be left behind. 19 January 2017
Insurance
Fewer CEOs of insurance companies are planning to boost headcount in 2017 than in recent years, a PwC survey has claimed. 19 January 2017
Insurance
India’s Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its ‘in principle’ approval for listing five government-owned general insurers. 19 January 2017
Insurance
Marsh & McLennan Companies (MMC) has appointed Susan Stone as the general counsel of company’s risk and insurance services (RIS) segment that includes Marsh and Guy Carpenter. 19 January 2017
Insurance
Allianz Global Corporate & Specialty (AGCS) has appointed Henning Haagen as the Northeast Zone executive for North America in addition to his current role as global head of aviation. 19 January 2017
Insurance
Allianz has entered into a 15-year bancassurance agreement with Standard Chartered for the distribution of Allianz’s general insurance products to Standard Chartered’s retail banking clients in five key markets across Asia. 19 January 2017
Insurance
Soft market conditions are the main factor affecting growth in the MGA (managing general agents) sector in 2017, replacing regulation and compliance. 19 January 2017
Insurance
Pioneer Underwriters has appointed Denise Cea Katz as vice president to lead its business development and marketing efforts. 18 January 2017
Insurance
Crawford & Company, a provider of claims management solutions, has appointed Geoff Piggot the new chief executive officer (CEO) of its global technical services (GTS) division. 18 January 2017
Insurance
Specialist Lloyd's insurer Novae Group has appointed Reeken Patel as its executive director and group chief financial officer (CFO). 17 January 2017
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