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Insurance
The total transaction volume of insurtech merger and acquisitions (M&As) in Asia hit $460 million in 2017, more than three times that of 2016, as industry incumbents and new entrants to the market pushed towards greater digitalization, according to the fourth Quarterly InsurTech Briefing from Willis Towers Watson. 9 April 2018
Insurance
Analysts have expressed optimism about the outlook for American International Group (AIG) after it implemented steps to improve performance and changed management. 31 May 2017
Insurance
Zurich-based Echo Reinsurance, which is owned by German mutual insurance group DEVK, has said it plans to expand into Latin America in order to further enhance and diversify its portfolio. 23 April 2014
Insurance
Senior executives at Novae Group have highlighted the increasing need for scale in the risk-transfer business as the justify agreeing to the firm’s sale to AXIS Capital for £468 million ($604 million). 6 July 2017
Insurance
Global insurance premiums increased by 3.1 percent in real terms in 2016, down from 4.3 percent growth in 2015, according to the latest Swiss Re Institute's sigma report. 5 July 2017
News
Crosswinds Re, a specialty reinsurance business vehicle established by Crosswinds Holdings in the Cayman Islands, has entered into an underwriting agreement with TransRe as it struggles to find profitable business. 5 July 2017
Insurance
Specialty re/insurer Canopius has hired Victoria Phillips as an energy underwriter from Marsh, based in Singapore. 22 January 2018
Insurance
Germany’s insurance giant Allianz expects its 2017 operating profit to match the €10.8 billion it earned in 2016, according to its results press release. 17 February 2017
Insurance
Novae, the specialist listed Lloyd’s insurer, has appointed Steve Cross as unit head of construction. 5 April 2016
News
Technology is changing the way insurance and underwriters can and will do business. Intelligent Insurer went to the Swiss Re Institute’s recent ‘Shaping modern underwriting’ event to hear about key trends and find out what the future of the industry could look like. 13 May 2019
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