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
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
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
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
Crop Pro Insurance, a new managing general agent (MGA) specialising in crop insurance, has expanded its leadership team with the addition of Brian Donaghy as its director of data science. 15 September 2017
Insurance
French insurer AXA has designed a new car insurance cover in collaboration with ridesharing platform BlaBlaCar. 29 May 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Jennifer Wilson as an underwriter in its global financial risks team in London. 17 August 2017
Insurance
Property/casualty insurer AmTrust said on Sept. 14 that it sold a personal lines policy management system to National General for $200 million. 14 September 2017
Insurance
Deal values across property/casualty (P&C) and life insurance are expected to more than double in 2018, marking the second-busiest year since 2005, according to S&P Global Market Intelligence. 9 October 2018
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