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Insurance
Fosun International, the Chinese investment company with substantial stakes in companies including Peak Re and Ironshore, has raised some HK$9.3 billion ($1.2 billion) from a share sale with the intention of funding more acquisitions in the insurance sector. 13 May 2015
Insurance
Allianz enjoyed a strong first quarter with its profits and revenues growing driven by its property/casualty segments especially the divisions Allianz Global Corporate & Specialty, Allianz Worldwide Partners, Germany and Latin America. 12 May 2015
Insurance
Kevin Allchorne, the global managing director of Amlin's global reinsurance division, has stepped down from the role for personal reasons but remains with the company. 11 May 2015
Insurance
Re/insurer International General Insurance (IGI), a Dubai-based insurance group with operations in Bermuda and London, recently posted a solid set of results for the first quarter of 2015. 11 May 2015
Insurance
Global insurance rates declined in the first quarter of 2014, driven largely by a continued softening in property rates, according to Marsh’s latest Global Insurance Market Quarterly Briefing. 11 May 2015
Alternative Risk Transfer
The conservative win in the recent UK election offers welcome stability and policy continuity for the UK, according to broker Aon, which also noted that it looks forward to proposed regulatory changes that could enable insurance-linked securities (ILS) to be issued from the UK. 11 May 2015
Insurance
Italian underwriting agency Marintec has entered into a strategic partnership with PartnerRe Wholesale, the specialist SME division of global reinsurer PartnerRe. 11 May 2015
Insurance
Windstorms Mike and Niklas (called Lentestorm in the Netherlands), which caused significant damage across parts of Western and Central Europe, could cost insurers €853 million, according to PERILS, the catastrophe insurance data company. 11 May 2015
News
Increasing global capital which is focused on the reinsurance industry is adding further pressure on reinsurers and rating conditions, according to the latest reinsurance market report from Willis Re. 8 May 2015
Insurance
Profits dropped slightly at Zurich Insurance in the first quarter of 2015 as its chief financial officer admitted there remain areas where the business needs to improve. 8 May 2015
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