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Private equity firm Yunfeng Financial Group is the main investor in a $1.7 billion acquisition of insurer MassMutual International's Hong Kong unit. 21 August 2017
News
Swiss Re has entered into a strategic initiative with SAP, a company that sells enterprise application software. The companies said they aim to develop a solution to address the increasingly complex demands related to financial steering and reporting of insurance companies from regulators across the globe. 2 February 2017
Insurance
American International Group’s (AIG’s) plan to take over Bermuda-based Validus Holdings has triggered positive comments from market observers. 23 January 2018
Insurance
If the London Market is to enjoy overseas growth post-Brexit, its regulator will need to adopt a new approach, Peter Allen, partner in the insurance division at accountancy and consultancy firm Moore Stephens, told SIRC Today. 31 October 2017
Insurance
Dutch insurer Delta Lloyd increased its gross written premiums in the first nine months of 2016 as it stressed it has also exited unprofitable and unattractive business segments as part of a wider ongoing restructuring. 16 November 2016
News
Swiss Re walked away from almost $2 billion of business including substantial portions of contracts in China in the January renewals due to rates being below its targeted risk-adjusted levels, the company has revealed. 23 February 2017
Insurance
Bermuda-based Everest Re has reported that it made a profit of $245.7 million for the second quarter of 2017, a marked improvement on the $155.7 million it made in the same period of 2016. 25 July 2017
Insurance
Cyber risk has topped the list of concerns for reinsurers for the first time, reflecting the anxieties around underwriting a risk that’s constantly changing and the rising threat to reinsurers themselves, according to a new report by PwC. 10 September 2017
Insurance
The many reinsurers that have developed substantial primary operations could be in for a backlash from their cedants, as Intelligent Insurer discovers. 10 November 2016
Insurance
Pioneer Underwriting, a specialist Managing General Agency (MGA), has created a North American Primary PI underwriting unit, continuing with its development strategy. 17 May 2013
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