Articles

Insurance

FWD Group closes $3bn SCB Life acquisition deal; appoints new CEO from AXA

Asian insurer FWD Group has appointed David Korunić as the new chief executive officer for SCB Life Assurance Public Company (SCBLIFE), following the completion of its acquisition of SCBLIFE from The Siam Commercial Bank Public Company (SCB).   27 September 2019

Insurance

MGA Nirvana hires Axis Capital underwriter to expand portfolio

Nirvana Risk Partners, an underwriting cell on Castel Underwriting Agencies' managing general agent (MGA) formation platform, has appointed Glenn Crickmar as underwriter to expand the team's specialist media, technology and cyber liability capabilities.   15 May 2017

Insurance

Markel creates standalone marine/energy divisions as profit rises

Specialist insurer Markel International has created two new standalone divisions for marine and energy, and appointed Chris Fenn and Julian Samuel as managing directors of the businesses.   5 November 2018

Alternative Risk Transfer

Concerns over ILS models raised at SIFMA

The growth of the insurance linked securities (ILS) markets could be good for the insurance industry as a whole but some concerns remain around the risk modelling used by these deals and standardisation of documentation in the market could be improved.   6 March 2014

Insurance

Giuseppina Albo to succeed Duperreault as Hamilton CEO

Giuseppina Albo is leaving the board of management of Munich Re at the end of 2017 to take up the position of CEO at Hamilton Insurance Group in 2018, Munich Re said on Oct. 19.   19 October 2017

Insurance

Everest hires from Aspen for commercial surety expansion

Everest Insurance has appointed Jessica Mann to its surety team as vice president, commercial surety lead, working in the company’s Houston office.   6 August 2018

Insurance

Italy's Generali posts increased profits, solid 2018 results beat targets

Profits at Italian insurer Generali soared in 2018 as the company exceeded all its targets for the past three years, attributed to improvements in all group business segments including life, property/casualty and asset management.   14 March 2019

Insurance

Environmental risks are biggest ESG factors for insurers and reinsurers, especially in Asia-Pacific, Fitch heat map reveals

Environmental risks are the biggest ESG factor for insurers and reinsurers, and Asia-Pacific is the region of most concern.   17 September 2019

Insurance

AXA reduces XL cat exposure by 40%

French insurer AXA and XL Group have reduced potential catastrophe impacts by around 40 percent relative to 2017 ahead of the merger of the two entities, according to AXA’s first half 2018 earnings presentation.   2 August 2018

Insurance

Beazley bolsters European financial lines team with Hiscox, Aon hires

Specialist insurer Beazley has appointed two financial lines underwriters at the company's hub for continental Europe in Barcelona.   14 January 2019

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