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Insurance
Claims management firm Cunningham Lindsey has opened an office in Tokyo, and appointed Yutaka Tada to lead and manage the firms’ operations in Japan. 3 January 2017
Insurance
The higher levels of catastrophe losses in 2016 could represent something of a wake-up call for the re/insurance industry after a number of years of benign loss activity – especially against a backdrop of a continued soft market in most lines of business, according to a number of senior executives interviewed by Intelligent Insurer. 30 December 2016
Insurance
Assessing growth as a measurement of the success of a merger or acquisition is much harder than identifying whether cost-cutting and synergies have been delivered, according to Paul Schultz, CEO of Aon Securities, speaking to Intelligent Insurer on how the success—or failure—of such deals should be judged. 29 December 2016
Insurance
A soft market squeezing profitability in the insurance and reinsurance market is the biggest concern for executives, according to an online survey conducted among Intelligent Insurer readers. 28 December 2016
Insurance
As the re/insurance sector faces another year of soft pricing environment in 2017, market participants fear that large losses could significantly hit profits, which have been protected by the benign cat environment in recent years. 27 December 2016
Insurance
NN Group and Delta Lloyd have reached a conditional agreement under which NN Group will buy Delta Lloyd for €5.4 per share which equates to €2.5 billion. The companies said the deal has been driven by competitive market conditions and the capital requirements of Solvency II. 23 December 2016
Insurance
Italian insurer Assicurazioni Generali has completed an innovative deal through the issuance of insurance-linked securities (ILS) that provides it with €225 million of protection from bond investors against the deterioration of the loss ratio of its motor third party liability portfolio. 22 December 2016
Insurance
Chubb has appointed Alex Forrest, currently UK and Ireland Package Manager, to the role of life science manager for overseas general insurance. 22 December 2016
Insurance
Verisk Insurance Solutions has completed an agreement with Duck Creek Technologies that will enable Duck Creek customers to access the Verisk Data Exchange – a programme that scores drivers and can be used to determine an appropriate premium. 22 December 2016
Insurance
Pro Global Insurance Solutions has agreed to sell Pro Services, its outsourcing and consulting business which represents the majority of its trading activities, to focus on supporting the growth of Asta, third party managing agency at Lloyd's. 22 December 2016
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