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Airmic supports Lloyd’s pandemic recovery and resilience proposals
02 July 2020
London Reporter Maria Ward-Brennan

Airmic has welcomed Lloyd’s proposals for how the insurance industry can support global economic and societal recovery from the impacts of COVID-19, and to build resilience for future systemic catastrophic events

DARAG successfully transfers Zurich’s German A&E portfolio
02 July 2020
Malta Reporter Maria Ward-Brennan

DARAG Group has completed the legal transfer of Zurich Insurance German architects and engineers professional indemnity portfolio to DARAG’s German risk carrier, DARAG Deutsche Versicherungs- und Rückversicherungs-AG

AGCS embarks on global transformation programme
01 July 2020
London Reporter Maria Ward-Brennan

Allianz Global Corporate & Specialty, the industrial insurer of Allianz Group, has launched a transformation programme called New AGCS, which aims to regain profitability and market leadership in the corporate and speciality insurance segment

Willis Pension Scheme enters £1 bn longevity swap with Munich Re
30 June 2020
London Reporter Maria Ward-Brennan

The Willis Pension Scheme has entered into a longevity swap transaction with Munich Re to manage longevity risk concerning £1 billion of pensioner liabilities

UK set to bring forward review of Solvency II
25 June 2020
London Reporter Maria Ward-Brennan

The UK Government has revealed it will bring forward a review of certain features of Solvency II, according to a statement from Rishi Sunak, the chancellor of the exchequer

AGCS set to realign board of management
22 June 2020
London Reporter Maria Ward-Brennan

Allianz Global Corporate & Specialty SE is realigning its board of management focusing on responsibilities for regions and markets as well as for Underwriting and Claims functions

Shell’s captives rated by A.M. Best
19 June 2020
London Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a+” of Solen Versicherungen AG and Noble Assurance Company

AXA XL appoints Xavier Veyry as CEO of Asia and Europe
09 June 2020
Dublin Reporter Maria Ward-Brennan

Xavier Veyry has been named as CEO of AXA XL Asia and Europe, and will be based in Dublin, Ireland

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