News
Insurance
The December 2018 Sydney hailstorms will cost the industry some A$633 million, according to PERILS in its second loss estimate for the catastrophe. 20 March 2019
News
In its 2019 outlook, Munich Re has unveiled a group profit target of around €2.5bn, saying the reinsurer is “on track” to achieve this. 20 March 2019
Insurance
SCOR has made five appointments including CEO posts, as part of a senior reshuffle that will start coming into effective from 1 April 2019. 20 March 2019
Insurance
AXA Partners has started a blockchain payment protection experiment to support people who are involuntary unemployed in Sweden. 19 March 2019
Insurance
Specialty property and casualty insurer for power and energy PERse (Power.Energy.Risk) has set up an office in Miami with a new team to focus on underwriting renewable energy projects in Latin America. 19 March 2019
Insurance
Bermuda-based Validus Reinsurance, a part of American International Group (AIG), is planning to establish a new reinsurance branch in Canada. 13 March 2019
Insurance
Specialist re/insurance broker BMS Group posted a 25 percent increase in its 2018 revenues, mostly driven by growth in its London wholesale and US reinsurance businesses, according to CEO Nick Cook. 13 March 2019
Insurance
SCOR-backed Channel Syndicate 2015 at Lloyd’s has appointed Matt Ackland as chief commercial officer of the London platform. 13 March 2019
Insurance
Qatar General Insurance and Reinsurance Company has appointed Hassan Ahmed Hassan Al-Efrangi as new group chief executive officer. 13 March 2019
Insurance
Hedge fund-backed Greenlight Re's CEO Simon Burton admitted "weak" performance in 2018 as the reinsurer posted a loss in both its fourth quarter 2018 and full year results, but remains optimistic about the company's positioning and its value-investing strategy. 28 February 2019
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