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Insurance
Tokio Marine Group revised downward its 2017 full-year profit expectations due to higher loss estimates for natural catastrophes in the domestic and overseas non-life insurance business. 24 November 2017
Insurance
Emirates Retakaful Limited (ERL) faces uncertainty regarding the future shareholding structure, management team and strategy after both the CEO and the chief financial officer resigned, according to AM Best. 24 November 2017
Alternative Risk Transfer
A Chinese insurer focused on business being retroceded from the Lloyd’s of London market has been formed on Guernsey – the first formation of its kind. 23 November 2017
Insurance
Law firm Bernstein Litowitz Berger & Grossmann has filed a securities class action lawsuit on behalf of its client Cambridge Retirement System against Willis Towers Watson, according to a Nov. 22 press release. 23 November 2017
Insurance
Allianz Global Corporate & Specialty (AGCS) is targeting further growth in Asia by expanding its presence in China and Indonesia, seeking to capitalize on opportunities from the growing insurance markets. 23 November 2017
Insurance
Swiss Re Corporate Solutions has appointed Didier Bélot as the head of South East Asia, based in Singapore. 23 November 2017
Insurance
Ironshore, a Liberty Mutual Company, has appointed Kristin McMahon as head of global claims. 23 November 2017
Insurance
Delta Insurance Singapore, a cyber, technology and financial lines Lloyd’s coverholder in Singapore, has launched an online financial lines insurance platform. 23 November 2017
Insurance
Fitch Ratings has upgraded life insurer AIA Group Limited's Long-Term Issuer Default Rating (IDR) to 'AA-' from 'A+' and affirmed the Insurer Financial Strength Ratings of AIA Company Limited and AIA International Limited at 'AA'. 23 November 2017
Insurance
Advent Solutions Management, a start-up incubator and insurtech investor, has entered into a partnership with UK-based insurance app Kinsu. 22 November 2017
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