Articles
Insurance
The Abu Dhabi Investment Authority (ADIA) is acquiring up to 21.4 percent in Pension Insurance Corporation Group from funds advised by private equity firm JC Flowers. 20 June 2018
Insurance
The Blockchain Insurance Industry Initiative (B3i) is to build its applications and business network on the Corda blockchain platform, which is developed by software firm R3. 20 June 2018
Insurance
An initial public offering (IPO) of the UK closed life book business ReAssure would be credit positive for Swiss Re because it would reduce the group’s exposure to credit and market risk, according to Moody’s. 7 August 2018
Insurance
Beazley enjoyed solid growth in the first nine months of the year, partly driven by big increases in its property unit and average rate increases on renewal business of 3 percent; it also revealed it will cease underwriting construction and engineering business because of unsustainable rates in these sectors. 8 November 2018
Insurance
AIG has partnered with cyber security company IASME Consortium and insurance broker Sutcliffe & Co to provide SMEs with cyber coverage. 15 September 2014
Insurance
Bermuda-based property/casualty commercial lines re/insurer XL Group received other potential bids before sealing the deal with AXA, which agreed to pay significantly more than other suitors. 17 April 2018
Insurance
Guy Carpenter's revenue grew 7 percent year on year on an underlying basis to $637 million in the first quarter of 2018 and the pipeline remains strong, CEO Peter Hearn said during Marsh & McLennan’s first quarter results conference call. 27 April 2018
News
Japan-based Toa Reinsurance Company (Toa Re) has hired the former chief executive of Amlin Europe to spearhead a new European reinsurance venture. 17 May 2018
Insurance
Bermuda-based Enstar Group has signed an agreement with an Australian subsidiary of Zurich Insurance Group to reinsure its New South Wales Motor Vehicle Compulsory Third Party (CTP) insurance business. 23 February 2018
Insurance
Bermuda-based Maiden Holdings has created an insurtech team to help customers identify emerging technology and leverage it to achieve their strategic goals. 22 March 2018
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