For the last four years, Ahmed has served as a member of the Executive Committee as the functioning CRO, and was appointed President of the reinsurance branch in 2010. He has worked closely with von Weichs, who was appointed CEO in 2009, in anticipation of taking over the position.
Allianz Re provides reinsurance solutions for Allianz subsidiaries and writes business for third party clients in the open market.
Dave North, executive chairman of Sedgwick, will retire on June 30th, but will continue to serve on the company's board of directors.
SDK integration can simplify and revolutionize digital offerings for health insurers.
The insurtech discusses its multi-line solutions and ethics of AI.
Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier for insurers to raise rates, according to a company spokesperson.
The Net Zero Insurance Alliance will instead be replaced by the Forum for Insurance Transition to Net Zero (FIT), convened and led by the United Nations Environment Programme, according to a statement on Thursday.
The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.
