Articles
Insurance
Belgium-based reinsurance managing general agency (MGA) FourteenZeroFive and marine group 24Vision.Solutions formed a joint venture to facilitate the take up of reinsurance for engineering and energy placements across Africa. 15 May 2018
News
Having given up on reinsurance in recent decades, some large insurers have had a change of heart as they seek diversification and the access to the capital markets which reinsurers have developed in recent years. Is their bet that they can handle these volatile risks—and that their shareholders will back them—a risky one? Intelligent Insurer investigates. 14 May 2018
Insurance
French insurer AXA has priced its offering of $750 million of bonds mandatorily exchangeable for a number of shares of common stock of its US subsidiary AXA Equitable Holdings (AEH). 10 May 2018
Insurance
The former chairman of China’s Anbang Insurance Group, Wu Xiaohui, has been found guilty of fraud and embezzlement and sentenced to 18 years in prison, according to a Reuters May 10 report. 10 May 2018
News
Bermuda-based Third Point Re made a loss in the first quarter of 2018 as investment income plummeted and underwriting continued producing losses, but CEO Rob Bredahl promised improvements “over time”. 10 May 2018
Insurance
Specialist insurer Beazley grew gross premiums written by 10 percent year on year to $631 million in the first quarter of 2018 driven by the property segment as pricing conditions improved. 10 May 2018
Insurance
Broker Aon has appointed Richard Schuyler as chief executive officer of its Aon Carrier Link distribution channel. 10 May 2018
Insurance
Insurance holding CNO Financial Group has appointed Daniel Maurer as chairman of the board at the company's annual shareholders’ meeting. 10 May 2018
Insurance
Film producer Harvey Weinstein is fighting back against Chubb, demanding that the personal indemnity insurer must pay for his legal defense against 11 lawsuits that accuse him of sexually harassing or assaulting women over the past three decades, according to a Reuters May 8 report. 9 May 2018
Insurance
The Lloyd’s Corporation has decided to direct underwriters in the market to terminate any existing programmes involving the National Rifle Association of America (NRA). 9 May 2018
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