Articles
Insurance
Global insurance premiums reached $5 trillion “for first time ever” in 2018, equivalent to more than 6 percent of the world’s gross domestic product (GDP), according to the latest Sigma study. 4 July 2019
Insurance
XL Catlin’s insurance operations has appointed Wilson Yeo as property manager for Singapore. 15 September 2016
Insurance
Health insurer Aetna, part of US drugstore operator CVS Health, has entered into a four-year reinsurance arrangement with Vitality Re X as part of its long-term capital management strategy. 28 January 2019
Insurance
Blockchain insurance initiative B3i successfully stress tested its Property Catastrophe Excess of Loss Reinsurance application recently with a hackathon in Zurich, Switzerland. 1 July 2019
Insurance
Bermuda-based Aspen Insurance Holdings suffered a net loss of $37.3 million in the first half of 2019, dropping from a net income of $16.1 million it made in the same period last year. 16 August 2019
Insurance
Bermuda-based Syncora Holdings has entered into an agreement to sell its New York financial guarantee insurance subsidiary to Star Insurance Holdings, a part of GoldenTree Asset Management, for $392.5 million in cash. 16 August 2019
Insurance
Canadian property and casualty insurer Intact Financial Corporation has entered into a definitive agreement with Princeton Holdings to acquire The Guarantee Company of North America, a specialty lines insurer in Canada and the US, and Frank Cowan Company, a managing general agent (MGA) focused on specialty insurance, for approximately C$1 billion ($750 million) in cash. 16 August 2019
Insurance
American International Group (AIG) has appointed Tata Group's Shane Fitzsimons to join the company as global head of shared services, a newly created role that establishes a single point of accountability for key operational and financial capabilities provided by businesses and functions across the organisation. 28 June 2019
Insurance
Looking ahead, Gallagher said it is ‘committed to working in partnership with the market to cultivate a positive, diverse and inclusive insurance industry’. 14 November 2019
Insurance
It will help global industrials secure coverage for commonly excluded products 14 November 2019
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