Articles

Insurance

Singapore Life secures $90m investment from Japan's Sumitomo Life to 'reshape' financial industry

Japanese insurer Sumitomo Life Insurance Company has made a $90 million investment in Singapore Life and acquired approximately 25 percent of the total issued and outstanding shares in the company.   1 July 2019

Insurance

R&Q acquires Bermuda reinsurer Sandell Re for $25m in cash

Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) is to acquire the entire issued share capital of Bermuda-based Sandell Holdings and its subsidiary Sandell Re (SRL) for an initial cash consideration of $25 million with further amounts payable subject to certain conditions being met.   1 July 2019

Insurance

Brit appoints BCG principal to new head of strategy role with focus on Lloyd's

Specialty re/insurer Brit has appointed Paolo Cuomo to the newly created role of head of strategy, based in London.   1 July 2019

Alternative Risk Transfer

‘ILS growth ahead’: S&P

A recent downswing in interest in investing in the ILS market might be reversed by new developments, according to a new S&P Global Ratings report.   28 June 2019

Insurance

Allianz unveils board changes as Jung decides to leave after 26 years

German insurer Allianz has made changes to its board of management following Helga Jung's decision to not extend her appointment and retire at the end of December 2019.   28 June 2019

Insurance

WR Berkley launches new unit to expand footprint in commercial auto

Property/casualty insurer WR Berkley Corporation has launched a new unit under former AIG executive Jeanne Fenster that will provide primary commercial transportation insurance products in the US for standard and preferred risks.   28 June 2019

Insurance

FAA identifies further Boeing 737 Max software issues; delays return to service

The short-term future of the Boeing 737 Max is in limbo after the US regulator found an additional issue with flight software that it has asked the manufacturer to address.   28 June 2019

Insurance

Swiss Re Corporate Solutions appoints Nigon as head of engineering & construction Asia Pacific

Swiss Re Corporate Solutions has appointed Patrice Nigon as head engineering & construction (E&C) Asia Pacific (APAC), succeeding Andre Martin, who became head of innovative risk solutions APAC.   28 June 2019

Insurance

Beazley swoops on Chubb, Gallagher cyber underwriters to tackle mid market risks

Specialist insurer Beazley has hired two cyber & technology underwriters in the US to meet growing demand from middle market businesses for insurance cover for cyber, data security and privacy exposures.   28 June 2019

Insurance

AIG hires Tata Group's Fitzsimons as global head of shared services

American International Group (AIG) has appointed Tata Group's Shane Fitzsimons to join the company as global head of shared services, a newly created role that establishes a single point of accountability for key operational and financial capabilities provided by businesses and functions across the organisation.   28 June 2019

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.