Articles

Insurance

AJG: Ethiopian Airlines / Boeing crash to cost insurers over $1bn

The Ethiopian Airlines crash on the 10 March 2019, and the subsequent worldwide grounding of the Boeing 737 Max fleet, “could cost aviation insurers over $1bn combined”, the broker AJ Gallagher has estimated.   16 July 2019

Insurance

Willis in UK Shariah compliant real estate first

Re/insurance broker Willis Group has launched the UK’s first Shariah compliant commercial real estate insurance.   10 June 2014

Insurance

LMG appoints Horton as new chair

The London Market Group (LMG) has appointed Andrew Horton, CEO of Beazley as its new chair with effect from May 4, 2018.   9 April 2018

News

JLT Re bolsters North American leadership in expansion move

JLT Re North America, a subsidiary of Jardine Lloyd Thompson Group, has made three executive appointments to strengthen its business across the region.   4 April 2018

Insurance

Validus to raise $250m through share offering

Bermuda-based Validus Holdings priced an underwritten public offering of 10 million depositary shares worth $250 million.   13 June 2017

Insurance

MS Amlin appoints chief operating officer amid business repositioning

Global re/insurer MS Amlin has appointed a new chief operating officer (COO) and chief people officer as new CEO Simon Beale repositions the business for the long term.   24 May 2018

Insurance

Insurance Council of Australia appoints new president

The board of the Insurance Council of Australia (ICA) has appointed Richard Enthoven as president of the Insurance Council and chairman of the board, according to a Nov. 2 statement.   2 November 2017

Alternative Risk Transfer

Record cat bond issuance in Q1

A record number of catastrophe bonds were issued in the first quarter of the year, continuing the strong momentum in this sector seen at the end of 2011, according to reports by Aon Benfield Securities and Willis Capital Markets & Advisory.   1 June 2012

Insurance

Allianz partners with FPT Group to enter Vietnam’s general insurance market

Allianz has unveiled plans to enter the general insurance sector in Vietnam through a digital joint venture (JV) to be set up with the FPT Group.   24 January 2019

Insurance

ACR Capital sale receives Chinese regulatory approval

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

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