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Insurance
The International Association of Insurance Supervisors (IAIS) has concluded development of the first-ever global insurance capital standard for global systemically important insurers (G-SIIs). 24 October 2014
Insurance
Arthur J Gallagher has expanded its presence in Scandinavia through the acquisition of an 85 percent stake in Brim AB, a Swedish specialist insurance and reinsurance broker. 6 July 2016
Insurance
Re/insurance broker Jardine Lloyd Thompson (JLT) posted a solid set of 2014 results with strong growth in many units but in particular reinsurance, which doubled its revenues thanks to the effect of the Towers Watson acquisition. 3 March 2015
Insurance
Everest Re Group plans to enter into a strategic long term reinsurance relationship with CGB Diversified Services (CGB DS), after the signing of a letter of intent to sell to it its US crop insurance company, Heartland Crop Insurance. 27 July 2016
Insurance
Munich Re has set a profit target in the range of €2.3–2.8 billion ($2.55-3.1 billion) for the current year. 16 March 2016
Insurance
Bermuda-based Sirius Group has expanded its specialty insurance platform with the addition of Robert Potter and Bob Albanese to its environmental team. 17 July 2017
Insurance
The American Hellenic Hull Insurance Company (AHHIC), an insurer covering hull and machinery risks for ship-owners, has received its operating license from regulatory authorities in Cyprus. 1 July 2016
Insurance
The rapid growth in the value of assets in the Asia region coupled with rising concentration levels, means there has been a significant increase in the degree of exposure to natural catastrophes, Eduard Held, head of products at PERILS, told EAIC Today. 12 October 2016
Insurance
Specialist Lloyd’s insurance group Chaucer has formed a strategic partnership with AXA to support the development of a new specialty insurance business in Africa. 19 April 2016
Insurance
California-based insurtech start-up Trov has closed $45 million in Series D funding led by Munich Re through its venture capital arm HSB Ventures. 7 April 2017
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