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Allianz News
Allianz news from Insurance Insider
Plus, the latest people moves and all the top news of the week.
The platform aims to “bend the loss curve”.
The insurer’s plans for the syndicate were revealed by this publication earlier this year.
Rates are bottoming out, but ample capacity is still preventing a hardening market.
A number of staff will be leaving the D&O team as a result of the restructuring.
The carrier’s overall P&C combined ratio improved 1.8 points to 91.2%.
Doan Nguyen-Huu also succeeds Claudia Valencia Lascar as unit head.
Incumbent Oskar Buchauer is stepping down after 27 years.
Liberty Mutual, Allianz and Aviva previously had their appeals dismissed.
Plus the latest people moves and all the top news of the week.
Lloyd’s executives have suggested ceded reinsurance syndicates could help London compete in treaty.
The carrier said the cuts will help it to become a “simpler, digital-led business”.
The executive previously spent 15 years in a variety of roles at Zurich.
Working out ROI on sponsorship deals is difficult, but the sport is beloved by insurance brands.
Politically related exposures are growing for the marine market.
While M&S had a cyber policy in place, Co-op and Harrods did not, Insurance Insider revealed.
Plus the latest people moves and all the top news of the week.
The carrier’s overall P&C combined ratio improved 0.1 points to 91.8%.
Insurance Insider revealed earlier this week that the underwriter had resigned from Allianz.
The Willis-brokered coverage also includes the Willis CyXS facility.
New capacity continues to enter the hull market, and rates are falling.
Insolvencies caused by the tariffs could also cause increased losses
Newly appointed CEO Chris Jones also joins the board.
Charles De Bar leaves Allianz after four years with the carrier.
Competitor news
Competitor news
Competitor news
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Natural catastrophe claims remained consistent compared with the prior year. -
Arch will continue to provide long-term capacity for the MGA.
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Cat portfolios generally grew, but casualty approaches varied.
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