Magazine Table of Contents
Munich Re and RIB, a technical ERP software solutions provider for the construction industry, have signed an exclusive agreement to jointly develop the first global IT-based insurance product for large construction projects that covers elements of unplanned increase in construction cost.
Sixty-six Chief Executives of the world's leading insurers have confirmed their commitment to The Geneva Association's Climate Risk Statement - a set of guiding principles on the substantial role insurance can play in global efforts to tackle climate-related risks.
The International Insurance Society has launched its proprietary IIS 100 Global Stock Index Monitor. This service will be fully accessible to IIS members on a quarterly basis, providing a unique in-depth tracking of global insurance stock performance.
Mr Robert H Benmosche, the CEO of AIG, has announced his resignation to be effective 1 September. Mr Peter D Hancock who heads AIG's Property/Casualty business and an executive vice president of AIG will succeed Mr Benmosche.
The Swedish Club registered a strong operating performance last year, returning a surplus of US$17 million, said Mr Lars Rhodin, its Managing Director, during his address to the Club's 142nd AGM.