Articles
Insurance
Swiss Re expects to benefit from “very significant growth” potential by setting up a new hub in Singapore but is shrinking the business elsewhere to protect profitability. 4 May 2017
Insurance
Re/insurance broker Aon has completed its acquisition of the international health and benefits brokerage portfolio of Mayfair Group, a London-headquartered solutions provider to Indian multinational companies. 4 May 2017
News
Swiss Re offered some interesting insights into its future strategic priorities in its results covering the first quarter of 2017 as it emphasised initiatives to close so-called protection gaps in society and opportunities in Asia. 4 May 2017
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
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