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Insurance
Re/insurance provider AXIS Capital has revealed it will shut its retail insurance operations in Australia, resulting in the loss of 100 positions. 8 October 2015
Insurance
Insurance Australia Group (IAG) has appointed Peter Harmer as managing director and chief executive officer, effective as of 16 November 2015. 7 October 2015
Insurance
Re/insurance broker BMS Group has launched a Brisbane office and appointed Sam Mayne as director of wholesale and facilities, reporting to Brett Field, chief executive officer of BMS Australia. 7 October 2015
Insurance
Re/insurance company Validus Holdings has estimated that its losses relating to the explosion at the port of Tianjin, China, on August 12, and the earthquake in Chile on September 16, could reach $63.9 million. 6 October 2015
Insurance
ACE has appointed Captain Sivakumaran Divakaran as its new marine risk manager for Asia Pacific. 6 October 2015
Insurance
Mercer, the consultancy unit of Marsh & McLennan, has acquired Human Resources Business Solutions (HRBS), a provider of career and talent consulting and information services to clients across Asia. 5 October 2015
Insurance
The slowdown of the Chinese economy combined with price liberalisation in some provinces will mean the industry will face underwriting challenges in its core book of motor business, Moody’s has said in a report. 1 October 2015
Insurance
The Lloyd’s market will likely see more mergers and acquisitions (M&A) activity as it heads into 2016, according to Haitong Research, which tips Lancashire and Novae as two companies likely to solicit interest from potential acquirers. 1 October 2015
Insurance
Insured losses are not expected to be significant from the typhoon that hit both Taiwan and China this week, according to catastrophe modelling firm AIR Worldwide. 30 September 2015
Insurance
Gross written premiums in the Saudi Arabian insurance industry will grow by 25 percent higher this year, compared to 2014, according to Standard & Poor’s (S&P). 30 September 2015
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