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Insurance
Bermuda-based Aspen grew its gross written premiums by 6 percent year-on-year to $763.5 million in the third quarter of 2016, driven by its reinsurance unit Aspen Re. 27 October 2016
Insurance
Financial services company Fairfax Financial, through its wholly-owned subsidiary The Pacific Insurance Berhad, has acquired Malaysian insurer MCIS. 2 December 2014
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re) said on Oct. 31 that it appointed Manik Sethi as CEO of its Singapore branch. 31 October 2017
Insurance
Mergers and acquisitions (M&A) in the global insurance industry are at their highest level for four years up 13 percent to 222 deals completed worldwide in the first six months of 2019 from 196 deals in the six months before. 1 August 2019
Insurance
Re/insurers have been blindsided by the influx of alternative capital, neglecting other considerations such as global regulatory change and the uncertainty it brings, Mo Tooker, president of Berkshire Hathaway’s Gen Re, told PCI Today. 28 October 2014
Insurance
French insurer AXA is in the process of acquiring a reinsurance license in India, Intelligent Insurer understands. 12 June 2017
News
The reinsurance industry has been disrupted through competition from alternative capital and is now seeking new pools of risk, according to a panel discussion at the 2018 Insurtech Insights June 19 and 20 conference in London. 27 June 2018
Insurance
London-based PIB Group has completed the acquisition of intermediary Thistle Insurance Services’ UK business from JLT Specialty. 11 January 2017
Insurance
London firm Pen Underwriting, a subsidiary of insurance broker Arthur J Gallagher, has appointed Paul Crilly as the head of solicitors’ professional indemnity (PI). 10 January 2017
Insurance
Diversification is essential for evolving the cyber insurance market, yet expanding the cyber remit beyond data confidentiality and further into areas such as operational technology risk, data availability and integrity demands a common cyber risk currency, according to Morley Speed, managing director, and Carolyn Morley, chairman, global casualty, Guy Carpenter. 11 September 2017
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