News
Insurance
German-based Allianz Group has increased the size of its digital investment unit Allianz X, making it one of the largest corporate venture funds in Europe. 20 February 2019
Insurance
In a year marked by high levels of natural catastrophe, reinsurer SCOR still manages to deliver “robust growth” in its 2018 annual results. 20 February 2019
Insurance
Re/insurance rating agency AM Best is changing its senior management structure to cut costs and strengthen its Asia Pacific business following a "strategic review" of its core markets. 20 February 2019
Insurance
The American Agricultural Insurance Company (AAIC) has launched a cyber insurance product to protect small business owners and farmers/ranchers from the growing risks they face. 20 February 2019
Insurance
The Managing General Agents’ Association (MGAA) has appointed Gary Humphreys, group underwriting director at Markerstudy Group, as a new board director at its annual general meeting. 20 February 2019
Insurance
SCOR Global Life, the international life and health subsidiary of French reinsurer SCOR, has partnered with wearable technology provider Garmin Health in Asia Pacific to improve its underwriting. 18 February 2019
Insurance
Spanish re/insurer Mapfre revealed a drop of almost 25 percent in its net earnings for 2018 as the company was affected by the cost of catastrophic events and currency depreciation. 7 February 2019
Insurance
Zurich’s group CEO Mario Greco states he is confident in the company’s performance despite year end results showing a slight dip in net income for 2018. 7 February 2019
Insurance
French reinsurer SCOR grew its property and casualty (P&C) premiums by 9.7 percent at constant exchange rates at the January 2019 renewals, from €2.9 billion to €3.2 billion. 7 February 2019
Insurance
German re/insurer Talanx Group, the parent company of Hannover Re and HDI, recorded large losses in industrial lines in the financial year 2018, driven by the industrial fire line. The firm is looking to counteract this negative impact and reduce its combined ratio. 7 February 2019
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