Read more about the article Insurance in Morocco: Strong Solidity confirmed with 45 billion dirhams of equity capital
Insurance in Morocco: Strong Solidity confirmed with 45 billion dirhams of equity capital

Insurance in Morocco: Strong Solidity confirmed with 45 billion dirhams of equity capital

Insurance in Morocco In 2022, the equity capital of insurance and reinsurance companies in Morocco increased by 2% to 45.5 billion. Insurance companies in Morocco are well-capitalized, New statistics from…

Continue ReadingInsurance in Morocco: Strong Solidity confirmed with 45 billion dirhams of equity capital
Read more about the article Allianz’s Operating profit increased by 24.2% to $3.7 billion in the first quarter.
Two(2) Allianz executive leaders to step down

Allianz’s Operating profit increased by 24.2% to $3.7 billion in the first quarter.

Allianz Increases Operating Profit According to Allianz, its life/health and property-casualty businesses both performed well in the first quarter of 2023, which is why its operating profit increased by 24.2%…

Continue ReadingAllianz’s Operating profit increased by 24.2% to $3.7 billion in the first quarter.
Read more about the article Indian Non-Life Insurance Market to Witness 8–10% Rate Hike Despite Reinsurance Pressure
In India, non-life insurance is expected to cost more.

Indian Non-Life Insurance Market to Witness 8–10% Rate Hike Despite Reinsurance Pressure

India's Non-Life Insurance Industry Set for 8–10% Rate Hike India's non-life insurance industry is set for a significant shift when it comes to pricing as the insurers are set to…

Continue ReadingIndian Non-Life Insurance Market to Witness 8–10% Rate Hike Despite Reinsurance Pressure
Read more about the article Monarch E&S expands its operations by acquiring Commonwealth Underwriters
Monarch E&S expands operations by acquiring Commonwealth Underwriters

Monarch E&S expands its operations by acquiring Commonwealth Underwriters

Monarch E&S Insurance Services (Monarch E&S), a subsidiary of Specialty Program Group LLC, known in California as SPG Insurance Solutions, has announced that it has acquired the assets of Commonwealth…

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Read more about the article Talanx has appointed Simone Auer as its new Chief Risk Officer.
Talanx has appointed Simone Auer as its new Chief Risk Officer.

Talanx has appointed Simone Auer as its new Chief Risk Officer.

Simone Auer has been appointed as Talanx’s Chief Risk Officer effective May 1st, 2023. She will succeed Professor Dr. Gerhard Stahl. The long-term director of group risk management will continue…

Continue ReadingTalanx has appointed Simone Auer as its new Chief Risk Officer.
Read more about the article Kurt Meister named Chief Sales Officer of Distinguished Packages
Kurt Meister named Chief Sales Officer of Distinguished Packages

Kurt Meister named Chief Sales Officer of Distinguished Packages

Kurt Meister has been appointed as the new Chief Sales Officer (CSO) by Distinguished Packages, a national insurance program manager. Meister will design world-class sales training programs, oversee strategic alliances…

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Read more about the article Inver Re Taps Respected Expert Gareth Davies as Chairman of Parametrics
Inver Re hires Gareth Davies as Chairman of Parametrics

Inver Re Taps Respected Expert Gareth Davies as Chairman of Parametrics

Inver Re, the international reinsurance broking division of The Ardonagh Group, has appointed Gareth Davies, as Chairman of Parametrics, with effect from May 2023. After more than three years at…

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Read more about the article For $100 million, Midwest Holding will  acquire Antarctica Capital
For $100 million, Midwest Holding will acquire Antarctica Capital

For $100 million, Midwest Holding will acquire Antarctica Capital

A definitive merger agreement between Midwest Holding Inc. and the investment company Antarctica Capital provides that Midwest will be acquired by an affiliate of Antarctica in an all-cash deal valued…

Continue ReadingFor $100 million, Midwest Holding will acquire Antarctica Capital
Read more about the article Aon’s Reinsurance Solutions reports a 9% organic revenue increase in Q1 of 2023
Aon’s Reinsurance Solutions reports a 9% revenue increase in Q1 of 2023

Aon’s Reinsurance Solutions reports a 9% organic revenue increase in Q1 of 2023

In the first quarter of 2023, the Reinsurance Solutions division of international broker Aon had an organic revenue increase of 9%, while overall group sales increased by 5% year over…

Continue ReadingAon’s Reinsurance Solutions reports a 9% organic revenue increase in Q1 of 2023