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Insurance
The National Reinsurance Corporation of the Philippines (Nat Re) has appointed Allan Rossi Santos as its new president and CEO effective Aug. 16, 2018, succeeding Augusto Hidalgo III. 17 August 2018
Insurance
Australia-based QBE has benefitted from improvements in its North American operations in the first half of 2018 while the European unit’s performance weighed on results. 16 August 2018
Insurance
Fosun International vice president Li Tao has been appointed as chairman of the board of directors of Hong Kong-based Peak Reinsurance Company. 15 August 2018
Insurance
Insurance Australia Group (IAG) has increased insurance profit by 10.8 percent year on year to A$1.41 billion ($1.02 billion) in its 2018 financial year on lower expenses. 15 August 2018
Insurance
Specialty insurer StarStone has launched a new casualty consortium targeted at the Australian and New Zealand markets. 13 August 2018
Insurance
Japan-based Sompo Holdings has recorded lower underwriting income for its first quarter of the 2018 financial year (April-June). 10 August 2018
Insurance
Japan-based Tokio Marine Holdings reported ordinary profit of ¥138.06 billion ($1.24 billion) for the first quarter of its 2018 financial year (April-June), up 11.7 percent year on year. 10 August 2018
Insurance
Asian general insurer MSIG Insurance has entered into a strategic partnership with Plug and Play, a startup accelerator and corporate innovation platform. 6 August 2018
Insurance
Assicurazioni Generali group chief financial officer (CFO) Luigi Lubelli is leaving the company as the Italian insurer restructures the business. 1 August 2018
News
Mergers and acquisitions (M&A) in the global insurance industry rose in the first half of 2018 with 186 completed deals worldwide, up from 180 in the second half of 2017, according to Clyde & Co’s Insurance Growth Report mid-year update. 1 August 2018
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