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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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This publication revealed in February the incident was expected to lead to a major claim. -
The carrier’s chief buyer urged a partnership approach from reinsurers.
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Bazan Group’s refinery near Haifa was badly damaged by Iranian bombardment in June.
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In Partnership With MarkelAugmented underwriting can provide underwriters new insights at the right time in process, but underwriting is still an art, no matter how much technology you put around it, said Simon Cooper-Williams, Director of Portfolio Development Solutions, Markel International.
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In Partnership With AXISAXIS recently entered a partnership with Project Healthy Minds. “We live in a world that is fairly uncertain… the notion of feeling comfortable and talking about mental health needs is critically important,” said Vince Tizzio, president and CEO of AXIS, during an interview with Phil Schermer, founder and CEO of Project Healthy Minds, and Insurance Insider’s Meg Green.
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In Partnership With MSIG USAOver the next six to eight months, MSIG USA will continue its US expansion with new hires and new products, including launching cyber coverage, said Peter McKenna, CEO of MSIG USA, at RISKWORLD in San Diego.
From our other titles
From our other titles
From our other titles
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