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Tokio Marine acquires $328m stake in Hollard
Insurance
Japan's property/casualty insurer Tokio Marine Holding has entered into a definitive agreement to acquire a 22.5 percent stake in South African insurer Hollard Holdings and Hollard International for 5 billion rand ($328 million) in cash and is looking for additional M&A targets.   7 September 2018
Alternative Risk Transfer
The catastrophe bond limit on-risk has reached $30 billion during the 12 months to June 30, 2018 – an increase of $4.2 billion from the prior year period, and a new record for the sector, Aon noted in the report titled 'Alternative Capital Fortifies Its Position'.   7 September 2018
Carr, Mendocino fire claims top $845m
Insurance
California’s Carr and Mendocino complex fires’ claims top $845 million and are now counted among the most destructive wildfires in the state's history, according to California’s Insurance Commissioner Dave Jones.   7 September 2018
Insurance
The opportunity to build a new regulatory regime outside the EU is in the offing, but with details affecting the financial sector still under discussion it remains unclear whether Brussels will issue the equivalence rulings the sector so badly wants. Intelligent Insurer investigates.   16 February 2021
Insurance
Global loss adjuster McLarens has appointed Graham Smart to the newly created global role of chief commercial officer, as it looks to ramp up its strategic growth plans and expand its service offerings.   4 April 2019
Insurance
As captives have become an increasingly important part of a risk manager’s toolkit, UK-based risk management association Airmic has refocused its energies on promoting the sector and offering new research and opportunities for its members.   4 June 2019
Insurance
Achim Bosch has been appointed chief underwriting officer for Deutsche Rück and the reinsurance division of the Association of German Public Insurers with effect from Jan. 1, 2019.   10 October 2018
Insurance
Inlet, a new Norwich-based start-up insurance broker is launching a new insurance proposition designed to cater for the sharing economy.   22 November 2017
Insurance
AmTrust Financial Services has completed the merger transaction in which Evergreen Parent acquired the approximately 45 percent of the company’s issued and outstanding common shares that the Karfunkel-Zyskind Family and certain of its affiliates and related parties did not already own or control.   29 November 2018
Insurance
SOBC DARAG, a subsidiary of run-off specialist DARAG UK, has launched a new office in Bermuda with four senior hires from Randall & Quilter, in a move aimed at "significant expansion" in North America and on the island.   1 August 2019

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