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Insurance
Genworth Financial, the US financial services company with substantial insurance operations, has become the latest insurer to be acquired by investors from Asia. It has been acquired by China Oceanwide for approximately $2.7 billion. 25 October 2016
Insurance
The Central Bank of Ireland has appointed Sylvia Cronin, a former AXA executive, as the director of insurance supervision. 4 July 2014
Insurance
Chubb Global Markets (CGM), the London-based wholesale insurance division of Chubb, has announced leadership appointments in its marine team. 8 February 2016
Insurance
US insurer WR Berkley has established a presence in Colombia with the formation of a company aimed at providing commercial insurance products. 7 July 2015
News
The impact of flood risk keeps rising, affecting more people worldwide than any other type of natural disaster. As flood models improve, the industry has a big opportunity to make a tangible difference to society—but collaboration and teamwork will be key, says Edouard Schmid at Swiss Re. 19 September 2018
Insurance
Although earthquake risk in Japan is relatively well understood and the industry performed well in the aftermath of the last big quake to hit the country, in 2011, more must be done to tackle the protection gap (the difference between the economic loss and the insured loss) and the extent to which insurance is used to protect certain risks. 30 October 2017
Insurance
US insurer AmTrust has raised $150 million in a public offering following the sale of 3 million shares, representing a price per share of $50. 9 January 2015
Insurance
AM Best has upgraded the financial strength rating of Arab Insurance Group (Arig) to A- (Excellent) from B++ (Good). The outlook of the rating has been revised to stable from positive. 22 December 2016
Insurance
Tokio Marine Kiln (TMK), a provider of specialist and corporate insurance, has appointed Marion Schmidt as aviation underwriter in the firm’s Frankfurt office. 8 September 2015
Insurance
Aviation and space underwriter Altitude Risk Partners has appointed former broker Charles Hollingworth as an underwriter. 3 September 2014
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