News
Insurance
The advent of new technologies is likely to revolutionise the maritime industry, but may create a more challenging environment for marine insurers, Dieter Berg, president of IUMI, tells Intelligent Insurer. 24 October 2017
Insurance
Although Munich Re issued a profit warning in September as a result of the Fall nat cat events in Mexico and the US, it is still not ready to release figures for the losses. Hermann Pohlchristoph, a member of Munich Re’s Board of Management, said in a press briefing at Baden-Baden that the company was reluctant to be the first to release such figures. 24 October 2017
Insurance
Risk modelling and data analytics firm RMS has appointed former Munich Re executive Ludger Arnoldussen to strengthen its position in the European market, Germany in particular. 23 October 2017
Insurance
Reinsurers and large insurers are at risk of being hit by unexpectedly large losses stemming from a large cyber attack on a par with substantial hurricane losses in the US—because they do not understand their aggregations to this exposure. 16 October 2017
Insurance
Lockton Re, the reinsurance intermediary business of Lockton, has hired Charles LaLone as managing director in the US. 9 October 2017
Insurance
Independent Lloyd’s broker AFL has appointed Neil Crouch to lead its new wholesale property practice. 9 October 2017
Insurance
The private US property/casualty insurance industry saw its net income after taxes dropped 29.2 percent year on year to $15.5 billion in first-half 2017, according to data provider Verisk Analytics. 5 October 2017
Insurance
PartnerRe said on Oct. 5 that it expects combined catastrophe losses of approximately $475 million from its exposure to hurricanes Harvey, Irma and Maria for the third quarter of 2017. 5 October 2017
Insurance
UK-based Aviva said on Oct. 5 that it agreed to acquire a majority shareholding in Wealthify Group, the parent company of 'robo' investment service provider Wealthify. 5 October 2017
Insurance
Insurance broker Lockton International has hired Alistair Rivers as global head of marine and transportation. 5 October 2017
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