Articles
Insurance
Zurich Insurance Group has acquired Hong Kong-based telematics business Bright Box and its subsidiaries. The insurer said it wants to increase its capabilities in connected car technologies and mobility. 22 December 2017
Insurance
Supply chains, GDP growth and sustainability among the opportunities in the region post-pandemic. 7 July 2021
Insurance
The Ardonagh Group chief financial officer (CFO) Mark Mugge is moving out of his current role to work across the group on a series of key strategic initiatives being prioritised during 2018. 2 March 2018
Insurance
A mid-June storm affecting parts of Saskatchewan and Manitoba resulted in more than C$90 million ($68.4 million) in insured damage, according to data from Catastrophe Indices and Quantification. 23 July 2018
Insurance
Specialty re/insurer Brit has hired XL Group and MS Amlin senior executives for its newly launched Bermuda-domiciled collateralised reinsurance platform, Sussex Capital. 19 July 2018
Insurance
The re/insurance industry will bear record catastrophe losses of $135 billion in 2017 following hurricanes Harvey, Irma and Maria as well as a severe earthquake in Mexico, according to Munich Re’s calculations. 4 January 2018
Insurance
Lloyd’s Acappella Syndicate 2014 has appointed Louise Bessant as divisional head of its war, terrorism and political violence insurance portfolio. 9 October 2017
Insurance
Japan’s MS&AD, which houses Mitsui Sumitomo Insurance and MS Amlin among others, said on Oct. 6 that it is reviewing its consolidated earnings forecasts for the year ending March 31, 2018 as it expects nat cat losses in the range of $620 million and $970 million. 6 October 2017
News
Reinsurance is used increasingly for earnings protection and volatility reduction by insurers whose purchasing is guided by “risk appetite statements” deployed to optimize capital management and profitability targets, according to a survey of insurers by Willis Towers Watson. 9 July 2018
Insurance
Specialist insurer Markel International has appointed Alex Holcroft as political risk underwriter in Singapore. 7 August 2017
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