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Insurance
Domestic P&C business boosts Sompo’s profits
Japan-based Sompo Holdings grew its consolidated net income by ¥14.8 billion to ¥43.4 billion ($390 million) between April and September driven by earnings growth in its domestic property/casualty (P&C) insurance business.   21 November 2016
Insurance
Tokio Marine boosts net income, raises FY targets
Tokio Marine, the holding company of Tokio Marine & Nichido Fire Insurance, which owns Tokio Millennium Re, has boosted its net income attributable to its parent company by 69.6 percent year-on-year in the second quarter (July-September) to ¥155.2 billion ($1.4 billion) and raised its full year targets.   18 November 2016
Insurance
Insurers fear new entrants disrupting the traditional value chain
The insurance sector’s current business model is threatened by new entrants targeting parts or the complete insurance value chain.   17 November 2016
Insurance
Arthur J Gallagher appoints former Willis exec as director
Insurance brokerage and risk management firm Arthur J Gallagher has appointed Peter Mason as an executive director to expand its UK public sector and education practice business.   17 November 2016
Insurance
Insurers must work together to crack the cyber challenge
Insurers must get better at sharing information and working together if they are to successfully tackle the challenges and opportunities posed by cyber risk.   16 November 2016
Insurance
Cyber is an opportunity – if insurers can add value
Insurers should see cyber risk as an opportunity for growth – if the industry can better understand and price this risk.   16 November 2016
Alternative Risk Transfer
ILS: Poacher turns gamekeeper
The ILS markets are leading the way in risk transfer in a number of ways and could even help open up brand new opportunities, closing the protection gap in the process, John Seo, co-founding partner of Fermat Capital Management, tells Intelligent Insurer.   16 November 2016
Insurance
New Zealand feels powerful aftershocks of M7.8 earthquake
Sizable aftershocks of up to magnitude (M) 6.5 have hit New Zealand following the M7.8 earthquake that struck South Island near Hanmer Springs in mid-November.   15 November 2016
Insurance
JLT Group sells majority of Thistle UK business to PIB
Jardine Lloyd Thompson Group (JLT) has reached an agreement to sell the majority of its Thistle UK business to PIB Group.   14 November 2016
Insurance
Marsh to acquire Bluefin Insurance Group from AXA
Broker Marsh has reached an agreement with AXA Group to acquire Bluefin Insurance Group (Bluefin), a broker network and managing general agent business owned, which is a subsidiary of AXA UK.   14 November 2016

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