All Global Reinsurance articles in Online – Page 140
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News
Tokio Marine Holdings announces strategic partnership with Lemonade
Tokio Marine Holdings lnc. announces participation to the reinsurance programme of Lemonade, as of 7/1/2020, as the first step in a collaboration with Lemonade to explore strategic partnership. Tokio Marine Group has been endeavouring to create new and comfortable customer touch points and to enhance operational efficiency, by leveraging on ...
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News
‘SIRC 2020 Re-Mind’ – enthusiastic support for the first-ever (re)insurance industry virtual event!
Heading the distinguished panel of speakers assembled for this virtual event is Deputy Prime Minister, Coordinating Minister for Economic Policies and Minister for Finance, Mr Heng Swee Keat who will deliver the Official Keynote Address and announce the launch of the Global-Asia Insurance Partnership (GAIP), a new global centre of ...
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News
Lloyd’s to increase London Market BAME representation in long-term plan
A study from Lloyd’s found that 70% of black respondents saw their visual diversity as a barrier to promotion
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News
CEOs call single-digit ROEs for reinsurers ‘crazy,’ ‘not acceptable’
A primary personal lines insurer may find a 7% to 9% return “perfectly reasonable,” but reinsurers “take the rump end of the exposures,” Young said. “We get all of the volatility.” As a result, reinsurers need to push for higher returns.
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News
Epidemic & Pandemic Insurance contracts less ambiguous in Asia, Says Peak Re Leader Hahn
Aon has interviewed the Chief Executive Officer of reinsurer Peak Re, Franz-Josef Hahn, as part of its Virtual Reinsurance Renewal Season fireside chats. The goal of Aon’s fireside chats is to drive growth across the re/insurance industry in order to bring capital closer to clients’ needs and enable them to ...
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News
GVNW’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 & Opinion
Marsh hires European risk management leader
Based in Stockholm, Carolina Klint will report to Siegmund Fahrig, CEO of Marsh Continental Europe
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News
Insurer 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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News
AXA 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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Features
Covid-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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News
Reuters: 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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News
Aegon 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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News
Finland’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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News
Royal 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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News
AIG 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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News
AIG 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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News
Cytora shifts to permanent remote-first working culture
The insurtech will be inviting employees to give feedback on its progress
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News
Financial advisor PI premiums skyrocket over past three years
Smaller firms hit hardest by rapidly rising PI rates
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News
Swiss 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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News
Digital 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, ...