Articles
Insurance
US-based Prudential Financial (PFI) is acquiring a 13.1 percent stake in Hong Kong-based Peak Reinsurance Company via a wholly-owned subsidiary through an issuance of new shares. 13 February 2018
Insurance
Reinsurance sector earnings have remained buoyant in the face of unprecedented natural catastrophe losses over the past two years, Aon’s Reinsurance Aggregate (ARA) report has found. 1 May 2019
Insurance
The London Market Group (LMG) has signed a three-year contract with technology provider Charles Taylor InsureTech to provide a delegated authority solution to the Lloyd’s and London company insurance markets. 3 May 2018
Insurance
Lloyd’s of London is facing criticism for providing what some have dubbed “murder insurance” to gun owners across the USA, according to an article in The Times. 18 December 2017
Insurance
The MS Amlin syndicate 2001 posted a loss of £499.7 million for 2017, driven by a sharp increase in net claims. This compares to a loss of £35.1 million incurred in 2016. 29 March 2018
Insurance
California insurance commissioner Dave Jones has urged the US Justice Department to block the merger between CVS and Aetna. 2 August 2018
Insurance
Broker Willis Towers Watson has bolstered its London Market property and casualty arm with senior hires from Brit and Aon. 11 December 2018
Insurance
The common shareholders of property/casualty commercial lines re/insurer XL Group have approved an agreement to be 100 percent acquired by French insurer AXA for $15.3 billion, to be fully paid in cash. 7 June 2018
News
Munich Re has appointed Jean Vernor as head of incubator, new strategic markets, for Munich Reinsurance America. 5 June 2018
Insurance
Tower Insurance, a part of RSA Group, has appointed Emmet McQuillan as managing director, succeeding Peter Gallagher who has led the Isle of Man-based insurer for nine years. 5 June 2018
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