Articles
Insurance
Australia headquartered QBE has reported a net loss of $1.25 billion for 2017 driven by record catastrophes in the second half of 2017 together with deterioration in its emerging markets businesses and two significant non-cash items. 26 February 2018
Insurance
Singapore-based insurtech UEX has raised S$1.3 million (approximately $1 million) of funding from French insurance broker Verspieren to strengthen its presence in the Singaporean market. 26 February 2018
Insurance
Berkshire Hathaway stayed in the black in 2018 helped by its P&C and life and health insurance divisions, but its profits were hit by new accountancy rules that Warren Buffett, its chairman, criticised. 25 February 2019
Insurance
Lloyd’s is losing market share in emerging markets including high-growth Asia and may face conflicts with members if it wants to regain business in the region, says Steve Jackson, partner at Rainmaker International, a Brokerslink specialty member. 14 June 2017
Insurance
Aon Consulting has filed a lawsuit against Marsh over misappropriation of trade secrets, deceptive trade practices, unfair competition, and tortious interference with a prospective economic advantage. 10 October 2017
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has appointed Seth Ruff as partner and head of reinsurance solutions. 10 October 2017
Insurance
The Chinese government seized control of Anbang Insurance Group and said its chairman had been prosecuted, according to a Reuters Feb. 23 report. 23 February 2018
Insurance
Broker Willis Towers Watson has appointed James Jackson as the new head of FINEX Financial Institutions for Great Britain. He was previously a regional leader within the US FINEX FI team. 10 July 2017
News
Brazil’s major reinsurer IRB Brasil Resseguros has filed for an initial public offering in the São Paulo Stock Exchange. 10 July 2017
Insurance
Italian insurer Generali has entered into a share purchase agreement with Life Company Consolidation Group (LCCG) to sell its entire shareholding in Generali Worldwide Insurance Company and Generali Link. 19 July 2018
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