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 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
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
The Willis Pension Scheme has entered into a longevity swap transaction with Munich Re to manage longevity risk concerning £1 billion of pensioner liabilities
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
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
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
Xavier Veyry has been named as CEO of AXA XL Asia and Europe, and will be based in Dublin, Ireland