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Insurance
Property/casualty insurer Chubb has appointed Gerard Butler as division president of its North America insurance field operations, and senior vice president of Chubb Group. 20 June 2017
Insurance
Allied World Assurance Holdings (Ireland), part of Allied World Assurance Company Holdings, has agreed to acquire a 21.2 percent stake in Gravity Underwriting, a London-based managing general agent (MGA). 14 August 2013
News
HSBC, and its 62 percent owned subsidiary Hang Seng Bank, have agreed to sell their general insurance businesses in Hong Kong, Singapore, Argentina and Mexico. 9 March 2012
Insurance
Indian reinsurer GIC Re is preparing to launch an IPO. Chairman-cum-managing director Alice G Vaidyan explains the reasons behind it and the company’s plans for the months ahead to Monte Carlo Today. 10 September 2017
Alternative Risk Transfer
John Butler, managing partner and head of sourcing at Twelve Capital talks to Intelligent ILS about the increase in cat bond lites and using the cat cycle to maximise returns. 22 July 2015
Insurance
The global insurance market covering the so-called Internet of Things (IoT) is estimated to be worth $42.76 billion by 2022, growing at a compound annual growth rate (CAGR) of 65.89 percent between 2016 and 2022, according to a report by Report Buyer. 8 February 2017
Insurance
An insurance adviser has said that most of the EU legislation that affects the insurance industry is likely “here to stay” whether the UK leaves the European Union or not in the referendum taking place next month. 19 May 2016
Insurance
Zurich Insurance Group has appointed Mike Davies as global head of marine underwriting within the company’s general insurance business. He will succeed Lee Meyrick who left Zurich in April, 2013. 26 June 2013
News
Everest Re’s 2016 profits increased compared with the year before and the company also enjoyed some growth despite what its CEO called very challenging market conditions – but the growth was more on the primary side, its reinsurance book remaining flat. 7 February 2017
Insurance
As the current low yield environment is expected to persist, insurers have been seeking ways to generate higher yields, and sub-investment grade bonds may fit the bill, says Simon Richards. 8 September 2013
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