Munich Re
Grenfell Tower blaze could result in claims of £50m
The Grenfell Tower blaze could result in property and liability claims of £50m, the Norwegian carrier responsible for insuring the building said.
More women are at executive level in financial services than ever before
Columbia Treadneedle Investments has issued a report highlighting the increased representation of women across 12 sectors in the financial industry.
Generali appoints Soo as Asia head of health
Generali has appointed former Munich Re manager Dr Hak Hong Soo as regional head of health Asia.
GJW transfers marine trade book to NMU as part of restructure
Groves John & Westrup has transferred its book of marine trade business to sister company NMU as part of a strategic restructure implemented by Munich Re.
Strong investment results bolster Munich Re's Q1 profits
Munich Re saw a 28% rise in profit in the first quarter of 2017, up to €557m (£469.6m) from €436m for the same period in the previous year.
In Depth: Insurtech gold rush
Reinsurers are injecting more money into start-ups to get a foothold in insurtech - and the disruptors are welcoming the investment from these flexible partners.
Big Data practices 'will trickle down from health to GI'
Health insurers may be leading the way with data analytics but best practices will eventually trickle down to general insurance, the CEO of a health tech start-up said.
Startup Trov secures $45m for expansion efforts
On-demand insurance provider Trov has secured $45m (£36m) of investment for its global expansion efforts.
Markel hires marine liability underwriter in Singapore
International (re)insurer Markel has hired a senior marine liability underwriter for its Asia-Pacific operation
Interview: Guy Goldstein, Next Insurance
As Next Insurance launches today a chatbot allowing personal trainers to quote and buy insurance via Facebook Messenger, its founder and CEO Guy Goldstein tells Jonathan Swift how the American insurtech start-up plans on revolutionising the SME…
Dominick Hoare replaces Jardine on Lloyd’s Council
Dominick Hoare, chief underwriting officer for the Munich Re Syndicate has been elected to the position of corporate-external member to the Council of Lloyd’s.
Hong Kong government advisory report laments reinsurance failings
A Hong Kong government advisory group is recommending changes in captive, marine and reinsurance regulations to help turnaround the SAR's Asia hub status.
Solvency II driving demand for reinsurance
January renewals show that Solvency II will increase demand for reinsurance products as European insurers attempt to strengthen their capital position through risk transfers, according to Fitch Ratings.
Catastrophe bonds: A good year for disaster
Catastrophe bonds were invented in the early 1990s to help insurance companies mitigate the risk of major disasters. With storms brewing both politically and environmentally, can the catastrophe bond market open new doors to insurers in 2017?
Reinsurers increasing insurtech investment to counter growing competition
Reinsurers are increasingly investing in insurtech to mitigate external threats from venture capital investment, experts told Post.
Bought By Many launches new pet insurance product
Insurtech start-up Bought By Many has launched its first pet insurance product following its £7.5m investment round.
Munich Re sees profits slip owing to major losses
Munich Re has seen full year profits decline by 16% owing to storm and earthquake claims in the last quarter.
Ten more insurance firms join Blockchain pilot
Ten more insurance companies have joined a pilot scheme to test the impact of Blockchain on the industry.
Chow swaps Munich Re for XL Catlin in Hong Kong
Casualty underwriter Stephen Chow has joined XL Catlin in Hong Kong after leaving reinsurance giant Munich Re.
Munich Re open to large acquisitions, says CFO
Munich Re's chief financial officer Joerg Schneider has said the international reinsurance giant is open to making a large acquisition outside the reinsurance space.
Post Power List 2017: Frank Buchsteiner
Managing director, Munich Re UK
Leonardi appointed head of Generali Asia
Former senior Axa employee Roberto Leonardi has been appointed regional officer for Generali Asia’s insurance operations.
Thailand opens up insurers to 100% foreign acquisitions
Foreign insurers can now buy up to 100% of Thai insurers' shares following a decision from the Thailand Finance Minister.
Insurtech firm Bought by Many receives £7.5m investment
Insurtech broker Bought by Many has received £7.5m in investment funding.