Intelligent Insurer News
The latest news from www.intelligentinsurer.com
Updated: 51 min 58 sec ago
Fitch Ratings: German motor rates decline, catastrophe losses increase
Stable sector outlook reflects expectation of sufficient premium growth for profitability.
MGA market will rebound in 2020 – Clyde & Co
The also predicts insurtech will transform healthcare insurance.
Coverys Syndicate 1975 appoints MPL underwriter
‘She has built a reputation for her knowledge and quality underwriting.’
Africa Re makes five senior management appointments
‘The aim of these changes is to reinvigorate the entire Africa Re workforce.’
Horizon partners with smart-home specialist Hive to tackle water escape
App alerts homeowners to leaks.
Arch Capital Group closes acquisition of Barbican Group Holdings
Barbican will be consolidated into Arch’s insurance and reinsurance operations.
Mapfre supporting UN climate change conference in Madrid
Chair and CEO Antonio Huertas to participate in the InsuResilience Global Partnership Forum.
Swiss Re Corporate Solutions appoints head property & specialty lines, South Africa
He will be responsible for the underwriting strategy and portfolio development.
APRA intervenes to improve sustainability of individual disability income insurance
APRA to impose an upfront capital requirement on all individual DII providers.
Berkshire Hathaway Specialty Insurance launches commercial crime insurance in Asia
‘Impersonation fraud is quickly becoming a systemic issue around the world.’
Insurers withdrawing cover from coal projects double in 2019
46% of reinsurance market and 37% of industry’s global assets covered by coal exit policies.
MP Insurance Brokers & Honan Insurance Group Asia form partnership
MP Honan Insurance Brokers will be focused on the Malaysian marketplace.
Cooper Gay France grows MGA business with Tokio Marine Kiln purchase
CEO says ‘time is now right to accelerate that growth’ through M&A.
Westland Insurance Group appoints new chief people officer
She joins from Colliers, where she spent 10 years in a growth-focused environment.
FOIL sector focus team expands scope to keep up with technological change
DWF partner Simon Murray appointed chair of technology and cyber sector focus team.
Tokio Marine Holdings lays out its CSR goals and achievements
‘Promoting efforts to solve societal issues will lead to the group’s sustainable growth.’
Albania Earthquake damage costs set to exceed $100 million
There is a 33 percent chance of losses exceeding $1 billion.
Climate risk increasing concern for airport community says Willis Towers Watson
Some 48 percent highlight flooding as their main weather risk.
UK consumers want to hear from their insurance providers more often
Survey reveals appetite for more personalised communication.
Spanish insurers maintain strong profitability - Fitch Ratings
Insurance penetration rate of 5.5 percent presents significant opportunities.
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