All News articles – Page 150
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NewsGVNW’s Mahnke urges insurers not to burn bridges
GVNW chair Dr Alexander Mahnke says insurers risk undermining relationships with their commercial buyers
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People & OpinionMarsh hires European risk management leader
Based in Stockholm, Carolina Klint will report to Siegmund Fahrig, CEO of Marsh Continental Europe
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NewsInsurer BI premiums insufficient for COVID losses - study
The pandemic exposed a massive protection gap in the area of business continuity risk, according to the Geneva Association and University of St Gallen
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NewsAXA strengthens partnership with Liverpool FC
AXA announces today the strengthening of its partnership with Liverpool Football Club, whose training kit it has sponsored since 2019. The enhanced partnership sees AXA become the Club’s Official Training Partner and secure the naming rights of Liverpool FC’s Training Centre ahead of the First Team’s move to the new ...
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FeaturesCovid-19 evolves role of the broker in insurance – Novidea
Technology now has a a bigger place in the market and this could free up time for brokers to look at more complex tasks
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NewsReuters: Japan Post Insurance says JGBs becoming attractive, may buy Japan shares
Japan Post Insurance expects the relative attractiveness of superlong Japanese government bonds (JGBs) is growing while it also considers buying Japanese stocks if the Nikkei falls below 20,000, the insurer said on today.
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NewsAegon puts Eastern European arm up for sale in coronavirus-led clean-up - sources
Dutch insurer Aegon has put its Eastern European business up for sale as it seeks to raise cash to better cope with the fallout of the coronavirus crisis and revamp earnings in its core markets, two sources familiar with the matter said. Aegon is working with JPMorgan on the process ...
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NewsFinland’s Sampo says has all approvals for Hastings deal
Sampo has received all regulatory and antitrust approvals needed for its acquisition of British motor insurer Hastings, the Finnish financial group said today.
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NewsRoyal Gazette: Bermuda must work as hard to retain its existing jobs, employees and companies
Thanks to new statistics, it is possible to better gauge just how damaging the Covid-19 lockdown was to the Bermuda economy and what the prospects for economic recovery are.
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NewsAIG announces leadership changes
The AIG Board of Directors has named Peter S. Zaffino Chief Executive Officer of AIG, effective March 1, 2021, in addition to his current role as President of the company. Mr. Zaffino has also been appointed to serve as a Director, effective immediately.
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NewsAIG announced Q3 GI catastrophe losses, including COVID-19 catastrophe-related losses
AIG today announced its General Insurance catastrophe losses, including COVID-19 catastrophe-related losses, for the quarter ended September 30, 2020, as well as results of the Life & Retirement and Legacy annual actuarial assumption update.
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NewsFinancial advisor PI premiums skyrocket over past three years
Smaller firms hit hardest by rapidly rising PI rates
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NewsCytora shifts to permanent remote-first working culture
The insurtech will be inviting employees to give feedback on its progress
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NewsSwiss Re Capital Markets structures and places USD 775 million catastrophe bond for California Earthquake Authority
Swiss Re Capital Markets successfully structured and placed the issuance of USD 775 million of insurance-linked securities (ILS) by Ursa Re II Ltd, to be used for the protection of the California Earthquake Authority (CEA). CEA protects more than one million policyholders in California against earthquakes and this transaction, the ...
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NewsDigital adoption rises nearly 20% for Insurance claims, J.D. Power Finds
Insurance claimants’ use of digital technologies continues a rapid march forward. That’s the lesson property and casualty (P&C) insurers are learning as claimants have ramped up use of digital channels throughout the claims process during the pandemic. According to the inaugural J.D. Power U.S. Claims Digital Experience Study,SM released today, ...
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People & OpinionMarkel hires Adriana Belli as Managing Director, Property, Marine and Select Risk Claims Division
Markel Corporation announced today that Adriana Belli has joined the company as Managing Director, Property, Marine and Select Risk (PMSR) Claims Division. In this role, she will oversee all aspects of the PMSR Claims Division, managing a team of more than 80 claims professionals throughout the United States. “We’re excited ...
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People & OpinionPresident of Chubb Canada Announces Retirement; Company Names Successor
Current President of Chubb Canada, Ellen Moore, has announced her retirement which will take effect at the end of the year. John Alfieri, Chubb’s current Executive Vice President, North America Major Accounts Field Operations, has been named President, Chubb Canada, effective immediately, subject to regulatory approvals. Ms. Moore ...
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People & OpinionAviva announces the appointment of Mohit Joshi and Jim McConville as Independent Non-Executive Directors of the Company with effect from 1 December 2020
Jim and Mohit bring significant experience in retail financial services and operational and IT transformation to the Board. Jim was previously Group Finance Director of Phoenix Group, where he was responsible for all aspects of the Group’s financial strategy and management and during which he led the transition programme bringing ...
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NewsClaims processing start-up wins Zurich Innovation Championship 2020
Innovative work in the field of claims processing has earned ClaimFlo the Gold award in the Zurich Innovation Championship 2020
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People & OpinionPeak Re Appoints Clarence Wong as Chief Economist
Peak Re has appointed Mr. Clarence Wong as Chief Economist effective from 16 Nov 2020, highlighting Peak Re’s commitment to strengthen its service in Asia and around the globe.
