TOP EVENT

HOEPKE, Munich Re: I expect at least a stable renewal round in 2019

After severe storm damage in Japan and the United States, Munich Re is looking with a little more optimism to the next renewal season. "I expect at least a stable renewal round in 2019," Board member Doris HOEPKE said in Baden-Baden. Until recently the reinsurer's expectations were leaning towards a stagnant season.

22.10.2018

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Five new XPRIMM insurance reports on the Baden Baden stands

Five new titles are available this year on the XPRIMM Baden-Baden press stands opened in the Kurhaus Casino and in Baden Baden main locations, presenting the latest statistical data and comprehensive analysis for the CEE, SEE and CIS insurance markets.

21.10.2018

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ON THE MOVE

Public insurers appoint Achim Bosch to reinsurer board

The supervisory bodies of Deutsche Ruckversicherung AG and the Association of German Public Insurers decided today, to appoint Achim Bosch (53) to the executive board of the two reinsurers, where he will be responsible for non-life reinsurance.

11.10.2018

News

AXA leaves the Ukrainian insurance market

AXA announced on 23 October it had entered into an agreement with Fairfax Financial Holdings Limited, through its subsidiary FFHL Group Ltd., ("Fairfax") to sell all its insurance operations in Ukraine and exit the Ukrainian market.

23.10.2018

US antitrust approval granted for MMC's acquisition of JLT Group

Marsh & McLennan Companies (MMC) and Jardine Lloyd Thompson Group (JLT) have confirmed that October 10 the Federal Trade Commission (FTC) granted early termination for the waiting period under the Hart-Scott-Rodino Act, with respect to MMC's previously announced acquisition of JLT.

18.10.2018

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MARKETS & TRENDS

Fitch Ratings: intense competition and scale benefits fuel reinsurance M&A
Consolidation of the global reinsurance industry will continue, as intense market competition and capital levels drive M&A, while smaller players lacking scale and diversification confront further pressure in regard to growth and profitability, Fitch Ratings says.

11.09.2018
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Swiss Re Institute preliminary sigma estimates: Catastrophes cause global economic losses of USD 36 billion in the first half of 2018
Global economic losses from natural catastrophes and man-made disasters in 1H2018 were USD 36 billion, well below the ten-year average of USD 125 billion in economic losses and significantly lower y-o-y. USD 20 billion of the total were covered by insurance, Swiss Re Institute's preliminary sigma estimates show.

05.09.2018
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INSURANCE & TECHNOLOGY

FRISS Survey: The insurance industry is catching up in digital transformation
FRISS Survey: The insurance industry is catching up in digital transformation
FRISS recently released the results of the "Digital Transformation in Insurance Survey 2018." Over 170 insurance professionals from various countries across the globe participated. More


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