Articles
Insurance
Cayman-based property/casualty reinsurer Oxbridge Re effectively stopped writing business in the first quarter of 2019 as it grappled with the events of the previous hurricane season, when it suffered limit losses on all reinsurance contracts – but its CEO said he is optimistic about the future of the business. 15 May 2019
Insurance
Fast-growing US specialty insurer Palomar Holdings has filed for an initial public offering (IPO) on the Nasdaq stock exchange. It is looking to raise $50 million from the deal. 18 March 2019
Insurance
The General Insurance Association of Japan (GIAJ) has reported that the total amount of claims paid relating to the Kumamoto Earthquake, as of May 16, is ¥180.1 billion ($1.6 billion). 31 May 2016
Insurance
The company is transferring Republic’s personal lines renewal rights to Liberty Mutual. 6 March 2020
Insurance
As the International Accounting Standards Board (IASB) deliberates insurance industry concerns with International Financial Reporting Standard 17 (IFRS 17), significant revisions appear unlikely, according to Willis Towers Watson. 29 October 2018
Insurance
The MGA says its new financial lines suite comes at a time when the market has hardened and capacity is strained. 26 May 2020
Insurance
Japanese insurance group MS&AD is seeking acquisitions outside Japan to further diversify the business, CEO Yasuyoshi Karasawa said while presenting the group’s “Vision 2021” plan. 12 October 2018
Insurance
The US Department of Justice has sued to block the "harmful" merger of broking giants Aon and Willis Towers Watson (WTW) asserting that the deal would eliminate vital competition in the market, resulting in higher prices, and reducing innovation for US businesses. The brokers have criticised the legal action stating that it reflects the department's "lack of understanding". 17 June 2021
Insurance
Prudential Financial has appointed Andrew Sullivan to succeed Stephen Pelletier as executive vice president and head of US businesses, effective December 1. 30 August 2019
Insurance
LIIBA has come up with 10 principles for its members to think about as they prepare for a return to the office. 25 March 2021
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