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Insurance
Reinsurance broker and consultant JLT Re has appointed Jong Kuk Moon as CEO of JLT Re Korea, based in its Seoul office. 19 October 2016
Insurance
XL Catlin has appointed Mona Carpenter as underwriting manager of its global excess casualty team in Dallas. 18 October 2016
Insurance
Century Underwriting, a specialist commercial managing general agent, has introduced a new liability underwriting division and made two senior appointments. 17 October 2016
Insurance
JLT Independent Insurance Brokers, a joint venture between Jardine Lloyd Thompson Group and Sunidhi Group, an Indian financial services group, has acquired Vantage Insurance Brokers & Risk Advisor’s employee benefits insurance brokerage portfolio in India. 17 October 2016
Insurance
The persisting economic uncertainty, which has hit some sectors particularly hard, is leading to an increase in credit claims on a scale not seen since the 2008 financial crisis, Kent Chaplin, chief executive officer, Lloyd’s Asia-Pacific, told EAIC Today. 13 October 2016
Insurance
The purchase of ACR Capital Holdings by two Chinese state-owned companies will take the business to new heights, Hans-Peter Gerhardt, the chief executive of reinsurer Asia Capital Re (ACR), told EAIC Today. 13 October 2016
Insurance
Economic growth and a low insurance penetration compared to advanced economies is set to drive re/insurance growth in developing countries in Asia such as China, India and Thailand, according to a JLT Re report titled Emerging Markets: Moving Ahead. 13 October 2016
Insurance
Strategic advisory services are coming into their own in Asia: ratings, Solvency II and regulatory issues are all big topics in the region, David Flandro, global head of analytics at JLT Re told EAIC Today. 13 October 2016
Insurance
There is huge potential for the growth of extended warranty insurance in Asia, Dermot Reilly, principal officer for Hong Kong-based NexAssure Agency, told EAIC Today. 13 October 2016
article
The question of whether the growing diversity of capital entering the risk transfer industry will ultimately end the traditionally cyclical nature of the industry was debated by senior industry executives at the annual Intelligent Insurer roundtable in Monte Carlo. 13 October 2016
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