WORLD INSURANCE

Allianz to become a leader in Singapore insurance market with planned acquisition of majority stake in Income Insurance

Allianz – through its wholly owned subsidiary Allianz Europe B.V. – announced a preconditional voluntary cash general offer to acquire…

Perils puts initial industry loss estimate for the floods in Southern Germany at Eur 1,568m

PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has today disclosed its initial industry loss estimate for the…

Moody’s RMS Event Response Estimates U.S. Private Market Insured Losses for Hurricane Beryl Will Likely Range Between US$2.5 billion to US$4.5 billion

Moody’s RMS™ Event Response estimates that U.S. insured losses from Hurricane Beryl will likely fall between US$2.5 billion to US$4.5 billion,…

AIG Names Melissa Twiningdavis Executive Vice President, Chief Administrative Officer

American International Group, Inc. (NYSE: AIG), announced that Melissa Twiningdavis has been appointed Executive Vice President, Chief Administrative Officer, effective September 1,…

SCOR provides an update on its Q2 2024 and FY 2024 results

Following the negative experience variance in the first quarter of 2024, SCOR has decided to accelerate the annual L&H reserving…

ING: Progress on share buyback programme

ING announced that, as part of our €2.5 billion share buyback programme announced on 2 May 2024, the company repurchased…

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