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Insurance
The private health insurance market in China is expected to surge fivefold to Rmb1.1 trillion by 2020 ($167 billion) from Rmb 241 billion in 2015, according to a report by The Boston Consulting Group (BCG) and Munich Re. 24 August 2016
Alternative Risk Transfer
Non-life insurance-linked securities (ILS) capital hit new heights in 2015 as re/insurer interest and investor confidence continued to grow, according to a new report by global advisory, broking and solutions company, Willis Towers Watson. 20 January 2016
Insurance
It takes a sophisticated outlook on business to resist getting a better deal than the year before, but that is exactly what some buyers are starting to do as they empathise with their reinsurers, and also have one eye on self-preservation, as Intelligent Insurer finds. 18 October 2016
Insurance
Transactional risk insurance is growing fast in the US, meaning opportunities for sophisticated specialist insurers such as Concord Specialty Risk, despite growing competition. 1 September 2013
Insurance
Ratings agency AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the US life/health subsidiaries of Netherland-based insurance group Aegon. 8 May 2017
Insurance
Insurer ACE has appointed Kamal Hamzah as regional medical malpractice manager for Asia as it continues to expand its financial lines product portfolio in the region. 18 May 2015
Insurance
Clem Booth, formerly a senior executive with Allianz, Munich Re and Aon Re, has been appointed as non-executive chairman of DUAL, the underwriting arm of insurance group Hyperion. He will also become a non-executive director on the board of Hyperion. 5 October 2015
Insurance
Insurance CEOs are more concerned than leaders in any other industry about threats to their growth prospects, according to PwC’s annual global CEO Survey. 13 February 2017
Insurance
Markel Corporation’s net profits fell in the first quarter of 2016 and its combined ratio also increased driven, it said, by less favourable development of prior years’ loss reserves and a higher expense ratio. 4 May 2016
Insurance
Ironshore Canada has entered the commercial property market following licensed approvals to provide property coverage products to select, specialty sectors in every Canadian province, except Quebec. 17 June 2014
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