Insurance- Page 8

The FINANCIAL -- ING is partnering with French insurer AXA to create personalised insurance products and services for customers.

The FINANCIAL - Vienna Insurance Group is acquiring 100 percent of the shares of Gothaer Towarzystwo Ubezpieczen. The purchase agreement to acquire this subsidiary of the German company Gothaer Finanzholding AG was signed on 6 June 2018. The purchase is subject to

The FINANCIAL -- Man-made risks like cyber-crime, interstate conflicts or market crashes are a bigger threat to economic output than natural disasters such as hurricanes, floods, earthquakes and volcanoes, putting an estimated $320.1 billion of global GDP at risk on average each

The FINANCIAL -- Insurance company GPI Holding was awarded a special prize by Vienna Insurance Group for a project’s implementation last year and was donated EUR 50,000 for the project’s development. The prize was awarded by Martin Simhandl, a member of the

The FINANCIAL -- Emerging geopolitical risks, the re-emergence of asbestos, especially in high growth markets, but also risks arising from new technologies such as cyber risks, biased algorithm and the erosion of risk diversification are some of the key risks identified in

The FINANCIAL -- Premiums grew to EUR 2.83 billion (+3.9 percent)

The FINANCIAL -- Originally concluded in 2008, the cooperation agreement between Erste Group (Erste) and the Vienna Insurance Group (VIG) will be extended to the end of 2033.

The FINANCIAL -- Insurers risk missing major growth opportunities unless CEOs take immediate steps to redesign work, bring in new talent, and pivot their existing workforces to work with artificial intelligence (AI), according to new research by Accenture.

The FINANCIAL -- “We are pleased with the development of our businesses in the first quarter. The Group continues to make good progress toward our 2017 to 2019 targets and remains strongly capitalized after returning around USD 3.8 billion to shareholders year-to-date

The FINANCIAL -- Lloyd’s, the world’s insurance and reinsurance market, has started hiring staff for its Brussels subsidiary.