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Insurance
The Singapore Reinsurers’ Association (SRA) has appointed Validus Re’s executive vice president and CEO of Asia Pacific, Marc Haushofer, to become its chairman, effective January 2017. 6 December 2016
Insurance
Liberty Mutual has agreed to acquire Ironshore – just over a year after Fosun International, China’s biggest conglomerate, acquired the remaining 80 percent stake in the Bermuda-based property/casualty insurer. 5 December 2016
Insurance
Persistently low interest rates, rising volatility in the financial markets and legislative changes have moved the outlook on the global life insurance sector to negative from stable for 2017, says Moody's Investors Service in a report. 5 December 2016
Insurance
Swiss Re is looking for acquisitions to enhance capabilities of its corporate solutions unit as well as to secure growth opportunities in developing markets. 2 December 2016
Insurance
Insurance broker Pacific Prime has partnered with Protection Insurance Services (PIS), a Bahrain-based re/insurance broker, to expand their combined presence in the GCC (Gulf Cooperation Council) region and worldwide. 30 November 2016
Insurance
Antares Asia, a part of QIC Group, has launched its legal expenses insurance business and appointed Mark Waters as underwriter, based in Singapore. 25 November 2016
Insurance
China Life Insurance Company has appointed Zhao Lijun as chief financial officer (CFO). His nomination has been approved by China’s Insurance Regulatory Commission – CIRC. 25 November 2016
Insurance
Japan’s Sompo has raised its 2018 profit target, driven by a good performance of its domestic business as well as expectations on the agreed acquisition of Bermuda-based Endurance. 25 November 2016
Insurance
The competitive landscape for reinsurance in China and India are changing significantly through the introduction of a new regulatory regime and the liberalisation of the market, said S&P Global Ratings. 24 November 2016
Insurance
Re/insurer XL Catlin has introduced an emergency security and disaster evacuation (ESDE) solution that will provide insurance cover to companies with employees working internationally during any unforeseen circumstances. 24 November 2016
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