All News articles – Page 128
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NewsBlaser launches new global specialty insurer
Mosaic, which will target complex risks and use cutting-edge technology to maximise efficiency, is basing its head office and an underwriting operation on the island.
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People & OpinionDavid Brosnan named chief executive officer of W. R. Berkley Syndicate Management
Mr. Brosnan has 35 years of insurance industry experience, having served in various executive leadership roles at a number of global insurance organisations.
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NewsThe Hartford announces Q4, 2020 financial results and 2021 Outlook
“We have been through one of the most turbulent years in recent history, which was shaped by the COVID-19 pandemic, the economic shutdown, social unrest and a significant number of catastrophe events. Despite these challenges we delivered strong core earnings of $2.1 billion, or $5.78 per diluted share, and a ...
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NewsTalanx generates solid net income of EUR 673 million in 2020 despite coronavirus pandemic
Coronavirus claims expenses totaling EUR 1.5 billion were incurred in the industrial insurance and reinsurance and Retail Germany areas in particular. Without these claims resulting from the historic global pandemic the Talanx Group would have exceeded last year’s record results.
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NewsInsurer Beazley swings to loss on COVID-19 claims, confident on 2021
Insurer Beazley swung to a loss in 2020 as it was hit hard by pandemic-related claims for cancelled or postponed events, but said it was confident of returning to profit in 2021.
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NewsGlobal commercial insurance Pricing up 22% in Q4 - Marsh
Although the global index increased 22%, the index shows that price increases may be starting to plateau for some lines of insurance in certain geographies.
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People & OpinionAXA XL appoints Michael Yeats to lead its Reinsurance Operations in Latin America
AXA XL has appointed Michael Yeats as Head of Latin America, Reinsurance. Based in Bogota, Colombia, Mr. Yeats will report to Peter Schmidt, Chief Executive Emerging Markets, Reinsurance.
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NewsArdonagh snaps up Lloyd’s professional indemnity broker
Although the transaction is still subject to regulatory approval, on completion it will see the broker become part of the wider Ardonagh Advisory platform
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NewsInsurance sector is in ‘a digital arms race’ – Salesforce
The industry needs to get better at using data for cross-selling and upselling opportunities, according to expert panel
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People & OpinionApollo Syndicate Management appoints new group chief operating officer
The new hire has served tenures at both Lloyd’s and HSBC
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NewsBermuda chosen for Gildenbrook Group’s reinsurance platform
The new entity includes a reinsurance platform in Bermuda, an alternative asset manager in the British Virgin Islands and a fintech development firm in Singapore.
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NewsSwiss Re and Diameter Health join forces for breakthrough in digital health data
Swiss Re and Diameter Health join forces to offer first-ever scalable solution to use electronic clinical health data for life insurance underwriting.
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NewsCOVID-19 prompts “evolution in risk management”
Prior to COVID-19, a pandemic/health crisis was not a ‘top ten’ risk for 82% of firms globally - risk survey
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NewsHard market drives captive usage
Airmic urges insurers and brokers to place a stronger emphasis on claims capabilities at renewals
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NewsCyber: Lessons from the Sunburst hack
The SolarWinds attack has awoken risk managers to the threat of Trojan-Horse type supply chain incidents
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NewsIn support of a green economy
Europe suffers from some of the most severe fossil-fuel-company insured losses in the world, according to PCS data
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NewsPandemic’s second wave threatens to derail Dubai’s tourism surge
Dubai, one of the few destinations open to international travellers since July, has yet to impose the toughest restrictions after record daily infections in the UAE, in the hope that vaccinations will spare a repeat of last year’s lockdown.
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NewsPing An Insurance annual profit drops for first time since 2008
The insurer reported a 4.2% drop in annual net profit, in part due to a slowdown in agent sales.
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NewsVaccination delay could cost EU economy 90 bln euros - Allianz study
The EU faces a potential 90 billion euro ($108.19 billion) hit to its economy this year unless it catches up with the pace of COVID-19 vaccinations in other regions, a study showed on Wednesday.
