(IN BRIEF) Vienna Insurance Group is strengthening its Ukrainian operations as the International Finance Corporation prepares to acquire around 20% of VIG’s non-life insurers USG and Kniazha through a capital increase. The partnership aims to expand product offerings, boost digitalisation … Read the full press release
Posted in Austria, Business, Economy, Financial, Government, Industrial, Insurance, Investment, News, Ukraine
Tagged 11% market share, 20% stake, Aon, Bulgaria pension fund Doverie, digitalisation strategy, equity investment, EUR 128 million premiums, Harald Riener, IFC, IFC Takes Stake in VIG Companies to Support Insurance Growth and Reconstruction in Ukraine, insurance market, Kniazha, Kniazha Life, Lloyd’s, Peter Höfinger, reconstruction, transport logistics energy agriculture housing health, UKRAINE, USG, Vienna Insurance Group, VIG, Vittorio Di Bello, World Bank Group
(IN BRIEF) Patrick Tiernan, CEO of Lloyd’s, has been named Vice-Chair of the Reinsurance Advisory Board (RAB), succeeding John Neal. Tiernan’s background as Lloyd’s Chief of Markets and roles at Aviva, StarStone and Zurich position him to guide the RAB … Read the full press release
Posted in Banks, Belgium, Business, Economy, Financial, Industrial, Insurance, Investment, Management, Marketing, News, Technology
Tagged appointment, climate change, digital transformation, Gen Re, geopolitical risk, global risk transfer, Hannover Re, Insurance Europe, insurance-linked capital, John Neal, leadership, Lloyd’s, Munich Re, PartnerRe, Patrick Tiernan, RAB, regulatory frameworks, Reinsurance Advisory Board, SCOR, Swiss Re, Thierry Léger, traditional reinsurance, Vice-Chair
(PRESS RELEASE) LONDON, 21-May-2020 — /EuropaWire/ — Insurance and reinsurance syndicates firm Tokio Marine Kiln Syndicates Ltd. (TMK) has announced it released forecasts for the 2018 and 2019 years of account for its two non-aligned syndicates. TMK’s forecast ranges have … Read the full press release
Posted in Business, Insurance, Management, News, United Kingdom
Tagged Brad Irick, COVID-19, insurance, Lloyd’s, pandemic, reinsurance, TMK, Tokio Marine Kiln, underwriting
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