Articles

Alternative Risk Transfer

World Bank issues $1.36bn cat bond

The World Bank has issued its largest ever catastrophe bond covering earthquake, providing the organisation with $1.36 billion of capital markets protection.   7 February 2018

Insurance

Hiscox appoints NA head of business development from Lloyd’s

Specialist global insurer Hiscox has appointed Glenn Dorr as head of business development and broker relationships, North America, within its London Market business.   20 November 2017

Insurance

Generali increases stake of India venture in strategic growth plan

Italy's Generali Group has increase its stake in the Future Generali insurance ventures in India to 49 percent from 25.5 percent as part of its strategic expansion plan in Asia.   26 June 2018

Insurance

S&P warns on Swiss Re ReAssure ratings as parent ponders IPO

S&P Global Ratings has placed the 'A-' ratings of Swiss Re ReAssure (SRRAL) on Credit Watch Negative, following the announcement by its parent Swiss Re Group that it is exploring the possibility of an initial public offering (IPO) of the UK closed-book consolidator ReAssure (not rated).   8 August 2018

Insurance

AmWINS acquires 15 Willis insurance programmes

US wholesale distributor of specialty insurance AmWINS Group said on Oct. 16 that it is acquiring 15 insurance programmes from brokerage Willis Towers Watson.   17 October 2017

Insurance

Chubb prepares for cooperation with Chinese giant PICC

Chubb has made changes within its senior leadership team following a strategic cooperation agreement with PICC Property & Casualty Company of China.   29 January 2018

Insurance

Willis Towers Watson hires regional senior exec from Marsh USA

Willis Towers Watson has hired a senior executive from Marsh USA into the role of corporate risk and broking market leader for its Metro DC/Chesapeake market.   22 August 2017

Insurance

Sedgwick acquires Cunningham Lindsey

Technology-driven risk solutions provider Sedgwick Claims has acquired management and loss adjusting firm Cunningham Lindsey.   6 December 2017

Insurance

Former insurance agents sentenced to combined 10yrs in prison in California

Two former insurance agents were sentenced to a combined 10 years in prison in California after being found guilty of a life insurance scheme.   2 August 2018

Insurance

Brown & Brown makes acquisition in Hawaii, Pacific Northwest

US-based broker Brown & Brown has entered into an agreement to acquire the Servco Pacific Insurance (SPI) operations in Hawaii and the Pacific Northwest.   3 May 2018

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