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Insurance
Specialist insurer Markel International has entered into a master underwriting agreement with US upstream oil and gas energy managing general agent (MGA) JH Blades. 28 November 2016
Insurance
China Life Insurance Company has appointed Zhao Lijun as chief financial officer (CFO). His nomination has been approved by China’s Insurance Regulatory Commission – CIRC. 25 November 2016
Insurance
The Generali Group has entered into a partnership with Microsoft to introduce digital-focused insurance products and business models amongst others through building blockchain-based smart contracts. 25 November 2016
Insurance
The UK government’s recent proposal to raise insurance premium tax (IPT) from 10 percent to 12 percent, as laid out in its Autumn Statement, has created a backlash within the insurance sector. 24 November 2016
Insurance
The UK government plans to raise the insurance premium tax (IPT) from 10 percent to 12 percent, doubling the tax payable by customers on general insurance policies in the past 18 months, as revealed in the Autumn Statement. 24 November 2016
Insurance
The UK government has revealed a draft publication of the regulatory framework for the trading of insurance-linked securities (ILS) in the UK which will allow London to compete with reinsurance hubs like Bermuda. 24 November 2016
Insurance
Telematics is improving risk assessment and fraud detection in motor insurance, but car manufacturers will be core to allow for further innovation in the segment. 24 November 2016
Insurance
Generali is aiming to generate at least €1 billion in cash from leaving unattractive markets and plans to reduce costs in mature markets as it prioritises efficiency and profitability over size. 23 November 2016
Insurance
Progressive insurers are quickly grasping the potential of telematics to both cut claim costs and get closer to their customers. But further innovation will require a partnership with manufacturers. 23 November 2016
Insurance
The main driver of premium growth in both the life and non-life sectors is expected to come from emerging markets, in particular Asia, according to Swiss Re. 22 November 2016
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