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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
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
Ryan Specialty Group-owned SafeWaters Underwriting Managers has appointed Kevin Kempf as vice president, head of cargo, US. 15 May 2018
Insurance
Touriga Risk, a specialist managing general underwriter, is aiming to launch its underwriting capacity at Lloyd’s by December 15, 2016, following the redomiciling of its business to London from Texas in June. 14 September 2016
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
Hyperion Insurance Group received a $400 million investment from Caisse de dépôt et placement du Québec (CDPQ) which in turn acquired a “significant minority stake” in the group. 5 December 2017
Insurance
Pioneer Underwriters, the underwriting group within Minova Insurance, has appointed Dan Watson as an underwriter in its engineering division. 5 June 2017
Insurance
Lloyd’s insurer Novae Group has appointed Alexandra Moon as group general counsel. She also joins Novae’s executive committee reporting to Matthew Fosh, chief executive. 9 February 2015
Insurance
General insurer Insurance Australia Group (IAG) has strengthened its board with the appointment Jonathan Nicholson as an independent non-executive director. 11 August 2015
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