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Insurance
Suncorp subsidiary Vero Insurance has won the battle to acquire New Zealand-based general insurer Tower, beating Fairfax Financial's $144 million all-cash offer. 27 June 2017
Insurance
The Latin American insurance sector shrank by 3.7 percent year-on-year in 2016 following the depreciation of most of the region’s currencies, according to the latest annual study on the Latin American insurance market. 27 June 2017
Insurance
Broker Aon has appointed Jay Sharma in its risk management unit Aon Risk Solutions, and Tom Terragno in Aon Hewitt, the global talent, retirement and health solutions business. 23 January 2017
Insurance
Ryan Specialty Group (RSG) has promoted Dawn D’Onofrio to chief executive officer and president of its managing general agency WKFC Underwriting Managers and CorRisk Solutions. 26 June 2017
Insurance
The Hanover Insurance Group said on Oct. 5 that it estimates third quarter catastrophe losses to be in the range of $185 million to $225 million before taxes and net of reinsurance. 6 October 2017
Insurance
Bahrein-based re/insurer Trust Re has appointed Kevin Quek as general manager for its Labuan, Malaysia licensed branch office. 26 June 2017
Insurance
The 2017 hurricanes Harvey, Irma and Maria (HIM) led to recorded estimated losses of $31.2 billion net of reinsurance costs for Bermuda re/insurers, according to the Bermuda Monetary Authority (BMA). 22 November 2017
Insurance
New York-based Assurant has finalised a $1.3 billion 2018 property catastrophe reinsurance programme reducing the company’s financial exposure and protecting 2.9 million homeowners and renters policyholders against severe weather and other hazards. 29 June 2018
Insurance
AXIS Capital posted solid profits in the third quarter of 2016 and some small growth in its overall gross written premiums despite its reinsurance book shrinking substantially. 27 October 2016
News
Reinsurers have returned more capital to shareholders in the first half of 2017 than they earned, according to the September Willis Re Reinsurance Market Report. 6 September 2017
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