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Insurance
UK motorists are expected to be hit with price rises to their insurance policies in 2017 for the third year running, according to EY’s bi-annual UK motor insurance results seminar. 22 November 2016
Insurance
The Association of British Insurers (ABI) has appointed Amanda Blanc, group chief executive of AXA UK, as the new chair of its general insurance council (GIC). 22 November 2016
Insurance
Broker Towergate has appointed to new non-executive directors to its board including one from the US private equity firm that recently invested in the company. 22 November 2016
Insurance
The Association of British Insurers (ABI) is looking to help expand the industry’s opportunities to trade after the Brexit vote by identifying eight countries as priority markets. 21 November 2016
Insurance
Tokio Marine, the holding company of Tokio Marine & Nichido Fire Insurance, which owns Tokio Millennium Re, has boosted its net income attributable to its parent company by 69.6 percent year-on-year in the second quarter (July-September) to ¥155.2 billion ($1.4 billion) and raised its full year targets. 18 November 2016
Insurance
The insured losses from the recent earthquakes in New Zealand will likely have a material impact on some domestic insurance companies, AM Best has warned. 18 November 2016
Insurance
Talanx, which operates brands including HDI and Hannover Re, is restructuring its German retail division and has said it is optimistic that it can boost its profitability, at a capital markets day in Frankfurt. 18 November 2016
Insurance
Insurers have been debating how to make use of opportunities offered by insurtech to make their processes more efficient and create more competitive products at a November 16 Intelligent InsurTech Europe conference in London. 17 November 2016
Insurance
Insurers need to catch up with other industries in the use of technology as the market becomes more competitive – but smaller players might fail to succeed. 17 November 2016
Alternative Risk Transfer
Technology could play a significant part in the ongoing evolution of the insurance market – and also impact the ILS segment as well, claims Rafal Walkiewicz, chief executive officer of Willis Capital Markets & Advisory. 17 November 2016
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