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Insurance
Broker Willis Towers Watson has appointed Matt Houghton as senior consultant of strategy in its insurance consulting and software business in Asia Pacific. 9 May 2017
Insurance
Allianz Life Insurance Company of North America has hired Tobias Fritsch as chief operating officer for its investment management division. 9 May 2017
Insurance
Sompo International's US insurance platform has reached an agreement to purchase the operating subsidiaries of Lexon Surety Group. 4 January 2018
Insurance
AM Best is revising its outlook on the commercial lines segment of the US property/casualty industry to stable from negative for 2018, citing an embedded change in the sophistication of the segment’s pricing and underwriting infrastructure and the segment’s resilience amid a variety of macroeconomic and insurance market issues in recent years. 4 January 2018
Insurance
As India opens its market to international reinsurers, the Insurance Regulatory and Development Authority of India (IRDAI) expects foreign reinsurers to secure final clearance to open branches soon and several to be operational within six to nine months. 20 December 2016
Insurance
US-based global insurance distributor AmWINS Group has announced the acquisition of California-based Networked Insurance Agents, an insurance aggregator specialising in the standard lines insurance segment. 2 May 2017
Insurance
Australian multiline carrier Insurance Australia Group (IAG) said on Aug. 23 that it is seeking additional reinsurance quota share opportunities while presenting its results for its 2017 financial year which ended on June 30. 23 August 2017
Insurance
Insurers see increasing growth opportunities in Latin America through the development of products for the lower income population which will help reduce the protection gap in the region. 24 November 2017
Insurance
Hiscox enjoyed very strong growth in the first quarter driven by its retail and special risks divisions though its reinsurance division shrank as it noted that rates remain under great pressure in certain classes of business. 9 May 2017
Insurance
The insurance industry has the worst communicators in the financial services sector and the industry risks becoming irrelevant if it continues to look to the past instead of the future, Stephen Catlin, the founder and former CEO of Catlin Group, has claimed in a new book. 4 July 2017
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