Articles
Insurance
China's reinsurers are investing in technology and systems to support a rapid expansion of nonmotor and, in particular, catastrophe insurance in the country. These business lines will help sustain growth, although they could expose the sector to more profit volatility. 4 September 2018
Insurance
Root Insurance, a car insurance startup that operates entirely via mobile technology, has raised $100 million in Series D funding, pushing the insurtech's valuation to $1 billion. 23 August 2018
Insurance
Specialist commercial insurer CNA Hardy has gained authorisation to set up operations in Labuan, Malaysia, expanding its presence in Asia. 18 April 2018
Insurance
Specialty insurer Markel has reported on Oct. 25 that it made a net loss of $259.1 million in the third quarter of 2017 attributable to shareholders. 26 October 2017
News
Reinsurance broker JLT Re said on Aug. 24 that it has appointed Khun Nivatvongs managing director of Thailand. 24 August 2017
Insurance
French reinsurer SCOR's international life and health subsidiary SCOR Global Life has made a series of promotions across its global markets, finance, and research and development (R&D) units. 28 February 2019
Insurance
Tower Insurance, a part of RSA Group, has appointed Emmet McQuillan as managing director, succeeding Peter Gallagher who has led the Isle of Man-based insurer for nine years. 5 June 2018
Insurance
French mutual insurance company Covéa, whose €8.2 billion bid for SCOR was rejected earlier in September, said it was still seeking a friendly takeover of the reinsurer and that its CEO will withdraw from the SCOR board until the reinsurer’s annual shareholders’ meeting in 2019. 27 September 2018
Insurance
Hannover Re has a “fairly strong appetite” for Asian business and it wants to participate in the region’s potential significant growth despite the high competition in the market, Michael Marx, managing director Asia-Pacific, told SIRC Today. 30 October 2018
Insurance
Broker Willis Towers Watson has reinforced its existing facultative reinsurance business in France by growing its team of specialists based in Paris. 24 July 2018
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