Articles
Insurance
Zurich Insurance Group has completed the acquisition of ANZ’s life insurance business OnePath Life in Australia for A$2.85 billion ($2 billion), becoming the country’s largest retail life insurer. 3 June 2019
Insurance
Rating agency AM Best has revised the outlook of Cayman Islands-based reinsurer Greenlight Capital Re to negative from stable, expressing concern over its "negative underwriting performance". 3 June 2019
Insurance
Tasker Insurance Group (TIG) has acquired specialist broker Hobbs Broking (Hobbs Associates) as part of strategy to further accelerate its growth plans. 3 June 2019
Insurance
Universal Property & Casualty Insurance Company (UPCIC) has expanded the top of its reinsurance tower for a single Florida event to $3.28 billion (an increase of $134 million) as part of Universal Insurance Holdings’ 2019-2020 reinsurance programmes, effective June 1, 2019. 3 June 2019
Insurance
Hive Aero, a managing general agency (MGA) specialising in aviation hull war insurance, has expanded into underwriting excess third-party aviation war liabilities (AVN52) with $47.5 million capacity for 2019. 3 June 2019
Insurance
Insurers are guilty of spending too much time navel-gazing rather than thinking about customers. This, argues Stuart Sutherland, Liberty Specialty Markets’ head of casualty, has to change. 3 June 2019
Insurance
“We fired a gun last year with the publication of our Roads to Revolution report; this year, it will be interesting to see how everyone responds to that call to action and what solutions people are able to bring to the table. 3 June 2019
Insurance
As global, interconnected risk becomes a reality, reputational risk is rising and business confidence is on the slide, according to a new survey by CNA Hardy. 3 June 2019
Insurance
Organisations are increasingly looking at ways to get more value out of their captive insurance vehicles, whether that be through diversifying their portfolios in areas such as third-party risk and cyber, or simply retaining more risk. 3 June 2019
Insurance
Airmic will today (Monday, June 3) launch its third flagship Risk Leadership Programme, in partnership with Cass Business School, for Airmic members. 3 June 2019
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