New CEO for Allianz Partners

Allianz Partners, a subsidiary of the Allianz Group, has announced the appointment of Tomas Kunzmann as its new CEO, replacing Sirma Boshnakova

Lloyd’s reports strong underwriting result

Lloyd’s, the world’s leading marketplace for commercial, corporate and specialty risk solutions, announced an improved underwriting result for the first six months of 2022, with an underwriting profit of £1.2...

People believe insurers should use technology ethically

According to a survey conducted by Zelros of over 1,000 people across the US, Canada, and Europe, insurance companies using technology ethically is important to the majority of people at...

European reinsurers report fall in net profits for H1 2022

The four largest European reinsurers - Munich Re, Swiss Re, Hannover Re and SCOR have reported 47 per cent year-on-year decline in net profits for the first half (H1) of...

Allianz considering selling stake in Saudi subsidiary

Allianz is considering selling its controlling stake in Riyadh-based insurer Allianz Saudi Fransi in an effort to streamline its portfolio and raise cash