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Insurance
Broker Willis has acquired a 49 percent stake in Indian broker, Almondz Insurance Brokers, from Avonmore Capital & Management Services. 24 February 2015
Insurance
Australian insurer QBE has sold its workers’ compensation business in Argentina to WST SA, a subsidiary of the Werthein Group, for $95 million. 24 February 2015
Insurance
Australian insurer QBE posted a solid set of results in 2014 and returned to profit as it benefitted from the absence of prior year claims development and improved underwriting. 24 February 2015
Insurance
The Insurance Council of Australia (ICA) has estimated that insurance losses stemming from tropical cyclone Marcia stand at A$33 million ($25.7 million). 23 February 2015
News
Lloyd’s has appointed Jin-Yung Sun as its first general representative in South Korea. 23 February 2015
Insurance
Ironshore International has appointed Hui Yun Boo as managing director Asia-Pacific and principal officer in Singapore. 23 February 2015
Insurance
The Insurance Council of Australia (ICA) has declared a catastrophe for parts of central Queensland affected by tropical cyclone Marcia today, February 20, 2015. 20 February 2015
Insurance
Australian insurer Suncorp has said that damages from tropical cyclone Marcia will cost it no more than A$200 million. 20 February 2015
Insurance
Insurer RSA has sold its minority stake in Indian insurer Royal Sundaram Alliance Insurance Company to Sundaram Finance, its joint venture partner. 18 February 2015
Insurance
Financial services company SNS Reaal has agreed to sell its Dutch insurance arm to Anbang Group, a subsidiary of Chinese insurer Anbang Insurance. 17 February 2015
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