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Insurance
ACR Capital Holdings has received regulatory approval by the National Development and Reform Commission of the People’s Republic of China for its sale to Shenzhen Qianhai Financial Holdings (QFH) and Shenzhen Investment Holdings (SIHC). 2 May 2017
Insurance
American International Group (AIG) has completed the sale of its Japan life insurance business, AIG Fuji Life Insurance (AFLI), to FWD Group, the insurance segment of Pacific Century Group. 2 May 2017
Insurance
Allied World Assurance Company posted improved profits in the first quarter of 2017 largely driven by improved net realised investment gains but its reinsurance shrank in response to soft market conditions. 28 April 2017
Insurance
The impact of the low interest rate environment has yet to test the robustness of both life and non-life re/insurers as the effect slowly trickles down on companies’ balance sheets, increasingly impacting results, according to Moody’s. 28 April 2017
Insurance
XL Group has announced a significant increase in net income for the first quarter despite greater catastrophe losses and a hit from the UK’s personal injury Ogden discount rate change. 27 April 2017
Insurance
Zurich-based catastrophe insurance data provider PERILS has appointed Darryl Pidcock as the head of Asia Pacific, based in Sydney. 27 April 2017
Insurance
Re/insurer QBE Australia and New Zealand has appointed Mark Baxter as new chief risk officer, replacing Anna Gould, who takes on the new position of head of claims technical and governance. 26 April 2017
Insurance
UK insurer Aviva has acquired the entire shareholding of its life insurance joint venture VietinBank Aviva Life Insurance (Aviva Vietnam) in a move that it said simplifies the group's operating structure in the region. 21 April 2017
News
The General Insurance Corporation of India (GIC Re) has opened an office at International Financial Services Centre (IFSC) office in the country's western state of Gujarat. 21 April 2017
Insurance
Specialist insurer Markel International has appointed Colin Fordham as a senior marine liability underwriter based in Singapore. 18 April 2017
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