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Insurance
Hong Kong-based pan-Asian life insurance group AIA has announced that its group CEO and president Mark Tucker is set to retire from his executive positions with the company and its subsidiaries. 13 March 2017
Insurance
London-based Lloyd's insurer Barbican has appointed Marc Sullivan as a class underwriter for downstream energy, with immediate effect. 13 March 2017
Insurance
Canada-based property and casualty re/insurer Fairfax Financial, which is set to acquire Allied World Assurance Company in a $4.9 billion deal, has increased the cash consideration component to $28.00 per share, including $5.00 in special dividend to be paid to Allied World as part of the transaction. 13 March 2017
Insurance
EPIC, a US retail property/casualty insurance brokerage and employee benefits consulting firm is acquiring independent insurance broker The Capacity Group. 13 March 2017
Insurance
Risk modelling company RMS has expanded its services in the Asia-Pacific region with the launch of agriculture risk models in India and China. 13 March 2017
Insurance
Property/casualty insurer Chubb has signed a partnership agreement with low-cost airline Wizz Air to provide the airline’s customers with travel and flight cancellation insurance cover. 13 March 2017
Insurance
Specialist underwriting agency Horizon as launched three new products for its residential property clients, complementing its existing mid and high net worth products Longitude and Latitude. 13 March 2017
Insurance
Hong Kong-based Peak Re has created a unit in Zurich to benefit from Solvency II equivalence and sees growth potential in proportional reinsurance business in Europe. 13 March 2017
Insurance
Dubai-based re/insurer International General Insurance Holdings (IGI) has recorded lower gross written premiums and net profits for 2016, but management claims to “view future prospects with optimism.” 13 March 2017
Insurance
Admiral has said that its 2016 profit before tax was £284.3 million in 2016, a drop of 25 percent compared to 2015. 8 March 2017
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