Articles
Insurance
Brokerage and financial technology company BGC Partners has completed the acquisition of London-based reinsurance, wholesale and specialty broker Ed, three-months after the deal was first announced. 1 February 2019
Insurance
Howden, the retail broking arm of Hyperion Insurance Group, has merged its Thailand-based subsidiary with motor insurance broker Maxi. 1 February 2019
Insurance
German reinsurance giant Munich Re is looking to expand its presence in the South East Asian market with the creation of a new representative office Bangkok. 31 January 2019
News
A severe global ransomware attack could cost as much as $193bn and affect more than 600,000 businesses worldwide, yet only 14 percent of this cost is insured, research has revealed. 30 January 2019
Insurance
Re/insurer QBE is in the process of realigning its business operations to take a more customer-centric approach. Its latest move has resulted in the merger of its regional specialty portfolios in Asia. 30 January 2019
Insurance
Lloyd's re/insurance broker RFIB Group has appointed Stephen Warwick as CEO reinsurance, Asia Pacific, following a strategic review of the region. 30 January 2019
Insurance
Chinese insurers are unlikely to dramatically alter their investment strategies or modify their asset allocations despite recent encouragement from the China Banking and Insurance Regulatory Commission (CBIRC) to invest their long-term funds in high-quality listed stocks and bonds, long-term equity investments, and securities brokerage firms' asset management plans and trust products, according to Fitch Ratings. 30 January 2019
Insurance
Property Claim Services (PCS), a Verisk Analytics business, has launched its industry catastrophe loss data aggregation and index reporting services for events occurring in Japan. 29 January 2019
News
Reinsurance Group of America (RGA) enjoyed strong growth in 2018 on the back of what its CEO said was its growing diversity from its global operating platform; its net profit fell compared with the year before, but this was because of one-off tax boost in 2017. 29 January 2019
Insurance
International General Insurance Holdings (IGI), the international specialist commercial insurer and reinsurer, has appointed Nick Garrity as chief executive of its Labuan Branch. He will be based in the Kuala Lumpur office. 24 January 2019
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