Articles
Insurance
General Insurance Corporation of India (GIC Re) has reported a combined ratio of 104.0 percent for the financial year ended 31.3.2018 after 99.7 percent in the period ended 31.3.2017. 29 May 2018
Insurance
Swiss Re and SoftBank Group have agreed to end discussions about a potential minority investment of SoftBank in Swiss Re. 28 May 2018
Insurance
American International Group (AIG) has appointed Lisa Sun as CEO of AIG Insurance Company China. 24 May 2018
Insurance
Southeast Asian insurtech start-up Jirnexu has secured $11 million of investment from Japan-based SBI Group and US-based investor SIG Asia Investments (SIG). 17 May 2018
Insurance
Willis Towers Watson has become the first global insurance broker to be granted a full license to transact all insurance business in China, according to the broker. 15 May 2018
Insurance
The administrator of New Zealand-based CBLC, the ultimate parent of CBL group of Companies (CBL group), has recommended the liquidation of the re/insurance company. 15 May 2018
Insurance
The former chairman of China’s Anbang Insurance Group, Wu Xiaohui, has been found guilty of fraud and embezzlement and sentenced to 18 years in prison, according to a Reuters May 10 report. 10 May 2018
Insurance
Specialist re/insurance broker BMS Group has appointed Andrew Godden as CEO and Dylan Wilkinson as COO of its Australian operation. 8 May 2018
Insurance
Malaysian Reinsurance Berhad (Malaysian Re), a wholly owned subsidiary of MNRB Holdings Berhad, has licensed AIR Worldwide’s catastrophe risk modelling platform for portfolio management and managing new risks. 8 May 2018
Insurance
The chief financial officer of Swiss Re has refused to deny that the reinsurer is in talks with companies other than SoftBank in relation to selling a stake in the company. 4 May 2018
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