All News articles – Page 111
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NewsThree trends driving the growth of parametric insurance in 2021 – FloodFlash
FloodFlash’s chief executive, Adam Rimmer tells Insurance Times about the three trends driving the growth of parametric insurance
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People & OpinionAXA XL names Sylvie Gleises as Head of Client Management, APAC & Europe
She will develop AXA XL’s client strategy and oversee its implementation across the region
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People & OpinionAXIS Re names Katie Partington Howarth as Chief Underwriting Officer
Based in Bermuda, she will be a member of the Reinsurance Leadership Team, reporting to AXIS Re CEO Steve Arora.
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NewsGenerali may subscribe to rival Cattolica’s cash call
Italian insurer Generali will look at the terms of capital increase plans of smaller rival Cattolica and will likely subscribe to it but only pro-rata, its Chief Executive Officer Philippe Donnet told la Repubblica on Friday. The company will achieve its 2021 financial targets and will be able to pay ...
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People & OpinionMS Amlin Underwriting appoints chief risk officer
Speciality Lloyd’s (re)insurer MS Amlin Underwriting (MS AUL) has appointed Vishal Desai as its new chief risk officer, subject to regulatory approval.
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NewsFCA fair pricing report will ‘reduce profitability’ for insurers – Fitch Ratings
Furthermore, the home insurance market will be more affected than motor insurance as around ‘80% of premiums comes from renewal business’
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NewsAllianz Partners teams up with Irish insurtech for post-pandemic travel insurance platform roll out
Allianz Partners has teamed up with Irish insurtech Blink. The partnership will oversee the mass roll out of Blink’s travel disruption insurance platform in the UK.
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NewsOneglobal opens office in Bermuda
Craig Douglas has been appointed as executive director, and will report to Mike Reynolds, group chief executive officer, while Kilian Whelan will join the business as chief operating officer.
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NewsCentral Bank of UAE begins procedures to execute Insurance Authority merger
Merger to transform Central Bank into one of the top 10 central banks globally
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NewsTrõv partners with NIG underwritten electric car rental service for London fleet proposition
The partnership will see the two firms manage risk more effectively for electric cars
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NewsAllianz gets approval to set up insurance asset management firm in China
Allianz said on Thursday it had obtained regulatory approval to set up China’s first wholly foreign-owned insurance asset management company, as the German insurer steps up expansion in the world’s second-biggest economy. The greenlight from the China Banking and Insurance Regulatory Commission (CBIRC) comes a month after the signing of ...
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NewsOUTLOOK 2021: Regulatory challenges abound for U.S. insurers as Biden takes over, pandemic rages
Insurers will also have to prepare for a year of heightened scrutiny on market conduct and consumer protection from states this year.
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NewsInsurers face ‘mind-blowingly’ large loss if Olympics cancelled
Insurers are facing a $2-3 billion loss if the Tokyo Olympics are cancelled this year, amounting to the largest ever claim in the global event cancellation market, brokers say.
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NewsAXIS Capital Q4 catastrophe and weather-related losses $198 mn combined ratio 109.6%
AXIS Capital Holdings today announced financial results for the fourth quarter ended December 31, 2020.
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NewsAon and Willis Towers Watson announce the future leadership team
“Aon and Willis Towers Watson have a unique opportunity to create a combined firm that will make an even greater difference in the global economy and provide unparalleled experiences for our clients and colleagues,” said Greg Case, Aon CEO.
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NewsMental health: The next crisis
Tackling mental health is not just the right thing to do, but an essential exercise in risk management, according to International SOS’ Dr Rodrigo Rodriguez-Fernandez.
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NewsPPPs needed to insure systemic risk
Future climate and systemic risks remain a key challenge - Insurance Development Forum
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NewsSompo International announces partnership with Flock
This partnership supports the future of unmanned aviation by increasing the availability of critical insurance needed for emerging use-cases, like drone cargo deliveries, flying taxi passenger flights and drone swarm shows.
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NewsReuters: Aviva sets Feb deadlines for $6.6 billion disposals in France, Poland - sources
The London-based insurer, led by boss Amanda Blanc, is expected to sell its French business for about 3.5 billion euros while the Polish operations are valued at roughly 2 billion euros, the sources said.
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NewsInsurers complicit in ransomware rise - warning
Insurers are inadvertently funding organised crime by covering ransom payments, says former NCSC chief
