Insurance- Page 12

Euler Hermes: Successful extension of supply chain protection

December 7, 2020

The FINANCIAL -- The German federal government and German credit insurers are extending their joint protection shield to secure supply chains by six months until the end of June 2021

General Motors aims to transform the auto insurance industry with OnStar Insurance

The FINANCIAL — For more than 20 years, General Motors’ OnStar brand

by The FINANCIAL

November 19, 2020

1 min read

Zurich commits to avoid 5 mln metric tons of CO2 emissions annually

The FINANCIAL — Zurich Insurance Group, the leading insurer on the Dow

by The FINANCIAL

November 17, 2020

1 min read

Global insurance markets set to rebound with China leading recovery

The FINANCIAL — World gross domestic product (GDP) is expected to contract

by The FINANCIAL

November 11, 2020

3 mins read

Insurance

U.S. Uninsured Rate Steady at 12.2% in Fourth Quarter of 2017

The FINANCIAL -- The percentage of U.S. adults without health insurance was essentially unchanged in the fourth quarter of 2017, at 12.2%, but it is up 1.3 percentage points from the record low of 10.9% found in the last quarter of 2016.

by Zac Auter, Gallup

January 17, 2018

3 mins read

Insurance

Allianz Suisse to acquire DAS Switzerland

The FINANCIAL -- Allianz Group has agreed to acquire the legal protection insurance subsidiary DAS Switzerland and assets of DAS Luxembourg and Slovakia from German insurance group ERGO Group AG.

by The FINANCIAL

January 11, 2018

1 min read

Insurance

Vienna Insurance Group companies merged in the Baltic States

The FINANCIAL -- The Latvian supervisory authority approved the merger of the two VIG subsidiaries InterRisk Vienna Insurance Group AAS and BTA Baltic Insurance Company AAS shortly before the beginning of the New Year 2018. Both companies operate in all three of

by The FINANCIAL

January 10, 2018

1 min read

Insurance

Series of hurricanes makes 2017 year of highest insured losses ever

The FINANCIAL -- The hurricane trio of Harvey, Irma and Maria will cost the insurance industry a record amount in 2017: the final insurance bill for those and other natural catastrophes, including a severe earthquake in Mexico, is expected to come to

by The FINANCIAL

January 5, 2018

5 mins read

Insurance

Global insured losses of USD 136 billion are third highest on sigma records

The FINANCIAL -- Preliminary sigma estimates for insured global losses resulting from natural and man-made disasters in 2017 are around USD 136 billion, well-above the annual average of the previous 10 years, and the third highest since sigma records began in 1970.

by The FINANCIAL

December 20, 2017

3 mins read

Insurance

Board changes at Allianz Global Corporate & Specialty in 2018

The FINANCIAL -- Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty SE (AGCS) announced changes to its Board of Management, which take effect in 2018.

by The FINANCIAL

December 19, 2017

2 mins read

Insurance

Market leader Vienna Insurance Group makes further acquisition in the Baltics

The FINANCIAL -- Vienna Insurance Group (VIG) has agreed to fully acquire Seesam Insurance AS (Seesam). The agreement for the acquisition of Seesam, part of the Finnish OP Finance Group, was signed on 18 December 2017.

by The FINANCIAL

December 18, 2017

1 min read

Insurance

ACP joins AllianzGI to extend client offering

The FINANCIAL -- Allianz Global Investors (AllianzGI) and Allianz Capital Partners (ACP) announced on December 14 that they will join forces in order to extend the range of investment expertise available to AllianzGI’s broad global client base, strengthening further its offering in

by The FINANCIAL

December 15, 2017

1 min read

Insurance

Vienna Insurance Group to merge two of its Czech Group companies

The FINANCIAL -- Subject to approval by the local authorities and the relevant boards, Vienna Insurance Group (VIG) plans to merge its Czech subsidiary Pojišťovna České spořitelny (PČS) with its Group company Kooperativa pojišťovna with effect from 1 January 2019.

by The FINANCIAL

December 15, 2017

1 min read

Insurance

Better management of existing business helps life insurers to enhance customer experience and improve profitability

The FINANCIAL -- Many life insurers are focused on enhancing the value of existing business by delivering sustainable value for consumers in order to grow long-term profitability, Swiss Re Institute's latest sigma report shows.

by The FINANCIAL

December 13, 2017

3 mins read