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Reinsurance, wholesale and specialty broker Ed has appointed Marcus Taylor as head of reinsurance Asia Pacific. 5 February 2018
Insurance
Allianz has agreed to acquire Sri Lanka's Janashakthi General Insurance (JGIL) for 16.4 billion Sri Lankan rupees (€85.9 million), according to a Feb. 2 press release. 5 February 2018
Insurance
Lloyd’s CEO Inga Beale has warned about the dangers the market could face if it does not speed up the adoption of new technology. 5 February 2018
Insurance
Barbican Insurance Group has launched a new operation in Bermuda, underwriting a direct and facultative portfolio of business on an excess and surplus lines basis. 5 February 2018
Insurance
Organisations are facing an increased threat to their operations from fraudulent instruction scams, according to claims data recorded by cyber specialised insurer Beazley. 5 February 2018
Alternative Risk Transfer
The amount of capital dedicated to writing reinsurance will increase to an estimated $427 billion in 2017, compared with $420 billion in 2016, according to AM Best. 5 February 2018
Insurance
Insurer CNA has appointed Bahr Omidfar as senior vice president and chief technology officer, and Joyce Trimuel as chief operations & diversity officer. 5 February 2018
Insurance
Aon enjoyed solid growth in 2017 with total revenues increasing by 6 percent to $10 billion compared to the prior year period driven by 4 percent organic revenue growth and a 2 percent increase related to acquisitions, net of divestitures. 2 February 2018
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has launched Nordic-focused MGA Bridge Underwriting to begin underwriting in March. 1 February 2018
Insurance
A weakening US dollar is likely to boost earnings of global property/casualty (P&C) firms, according to a Jan. 30 Morgan Stanley note. 31 January 2018
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