Articles

Insurance

Singapore Life secures $90m investment from Japan's Sumitomo Life to 'reshape' financial industry

Japanese insurer Sumitomo Life Insurance Company has made a $90 million investment in Singapore Life and acquired approximately 25 percent of the total issued and outstanding shares in the company.   1 July 2019

Insurance

Brit appoints BCG principal to new head of strategy role with focus on Lloyd's

Specialty re/insurer Brit has appointed Paolo Cuomo to the newly created role of head of strategy, based in London.   1 July 2019

Insurance

Chubb launches new media industry practice for the UK and Ireland

Insurer Chubb has launched a new media industry practice for the UK and Ireland in response to "segment growth and feedback from key broker partners".   5 February 2019

Insurance

WR Berkley appoints Arthur Davis as new president of Vela

WR Berkley Corporation has appointed Arthur Davis as new president of Vela Insurance Services, succeeding David Jordan, who has moved to another senior leadership position at a Berkley portfolio company.   5 February 2019

Insurance

Foreign reinsurers can now outbid GIC Re for business in India

Foreign reinsurers operating in India will now stand a better chance of winning business in the country after the Insurance Regulatory Authority of India (IRDAI) changed its rules around how domestic insurers buy reinsurance, according to media reports in India.   13 December 2018

Alternative Risk Transfer

World Bank issues $1.36bn cat bond

The World Bank has issued its largest ever catastrophe bond covering earthquake, providing the organisation with $1.36 billion of capital markets protection.   7 February 2018

Insurance

Lockton hires Aon's William Barber to lead global healthcare liability offering

Re/insurance broker Lockton has hired William Barber to lead its international healthcare strategy, which forms part of its professional and financial services offering.   12 August 2019

Insurance

AEGIS appoints cargo underwriter from Sompo

AEGIS London, a Lloyd's managing agency and the UK-based subsidiary of AEGIS, has hired James Hyett as cargo underwriter.   18 October 2018

Insurance

Chubb appoints new claims director for Europe and Eurasia & Africa

Property/casualty insurer Chubb has appointed Julie Chalmers as claims director for Europe and Eurasia & Africa, replacing Steve Parry, who is leaving the company.   31 January 2019

Insurance

Arch Insurance invests in UK insurtech MGA Archipelago Risk Services

Arch Insurance International has invested in Archipelago Risk Services (Archipelago), a personal lines managing general agency backed with underwriting capacity from Arch Insurance (UK).   20 March 2019

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