Partnership enables CNA to broaden cyber insurance underwriting capabilities and address the emerging challenges in measuring cyber aggregation risk

The most important annual meeting of the Croatian insurers, the "Croatian Insurance Days", started today in Opatija, Croatia.

InsureTek Middle East 2018, organized by Biz Events Management and supported by XPRIMM Publications as Media Partner, took place on 7 November 2018 at Hotel Grand Excelsior, Dubai.

In the first nine months of 2018, Generali's operating result increased to EUR 3.6 billion, up 3.9% as a result of improvements in all business segments. Also, premiums increased by 6.1% to nearly EUR 50 billion thanks to the growth in both business segments, with an acceleration in Property & Casualty (+2.7%). Net profit increased to EUR 1,855 million (+26.8%), also thanks to the positive non-operating performance and the result from disposals.

Hannover Re increased Group net income by a significant 32.1% as at 30 September 2018 to EUR 725.3 million (EUR 548.9 million) and confirms the profit guidance of more than EUR 1 billion for 2018.

Despite high losses owing to Typhoon Jebi and Hurricane Florence (around EUR300m each), MUNICH Re posted, in Q1-3, a profit of EUR2,038m and is thus on track to achieve its profit target of EUR2.1-2.5bn. The company also highlights a robust growth in property-casualty reinsurance and that the profit guidance for ERGO raised to at least EUR350m, following good Q1-3.

A.M. Best has downgraded the Financial Strength Rating to A+ (Superior) from A++ (Superior) and the Long-Term Issuer Credit Rating to "aa-" from "aa+" of Tokio Millennium Re AG (TMR) (Switzerland).

QBE has announced on 31 October changes to its structure in an important step towards further simplifying its operations and building a more streamlined, agile and customer-oriented business.

On November 1st, an Agricultural insurance conference took place in Skopje, Macedonia, organized by the Insurance Supervision Agency in cooperation with the Ministry of Agriculture, Forestry and Water Economy. Drawing attention to the necessity of reducing the risks in agriculture by using insurance was the event's main purpose.

Emmanuel DJENGUE, Innovation Director, Europe - RGAX, Spain is the Keynote Speaker at IIF 2018 - Insurance in a DIGITAL WORLD Conference in Bucharest, on November 27.

The most important annual meeting of the Croatian insurers, the "Croatian Insurance Days", started today in Opatija, Croatia.

On November 1st, an Agricultural insurance conference took place in Skopje, Macedonia, organized by the Insurance Supervision Agency in cooperation with the Ministry of Agriculture, Forestry and Water Economy. Drawing attention to the necessity of reducing the risks in agriculture by using insurance was the event's main purpose.

Emmanuel DJENGUE, Innovation Director, Europe - RGAX, Spain is the Keynote Speaker at IIF 2018 - Insurance in a DIGITAL WORLD Conference in Bucharest, on November 27.

Becoming a growing threat globally, cyber risks is both a challenge and an opportunity for the insurance industry. MUNICH Re's representatives talked to XPRIMM TV in Baden Baden, about the different approach to this type of risk that the Group, as one of the most active players on the cyber market solutions, proposes.

End investors, Insurance-Linked Securities (ILS) funds, and buyers - the three groups active in ILS - have predominantly weathered 2017 loss activity with a view that reinsurance products backed by 'alternative' capital have become mainstream, according to a new Global ILS Market Survey by Willis Towers Watson.

Swiss Re expects the global reinsurance industry to consolidate as the distinction between insurers and reinsurers become increasingly blurred, an executive from the Swiss Group said in Baden Baden, reports Reuters.

Current market conditions are putting increasing pressure on returns with some companies viewing consolidation as a potential solution, James NASH, CEO of International at Guy Carpenter said in his opening remarks at the Baden-Baden 2018 Reinsurance Meeting hosted by the global risk and reinsurance specialist.

E+S Ruckversicherung AG, the Hannover Re Group's unit handling German business, continues to expect a positive premium development in the German market for the January 2019 renewals, albeit at a somewhat more diminished pace than in 2018.