Latin American reinsurer Patria Re has launched operations in Chile as it seeks to increase its proximity to clients.
Broker Willis will now offer insurance and reinsurance services in India, following the acquisition of a stake in Almondz Insurance Brokers.
Global Atlantic Financial Group, a multiline re/insurance company, has appointed Peter Cai as chief risk officer (CRO).
Willis Capital Markets & Advisory (WCMA), part of Willis, has launched operations in Sydney, Australia.
European insurer AXA has reported a strong set of results for 2014, as it reported growth in all business lines.
Re/insurer Brit has posted a strong set of results for 2014, as it benefitted from strong growth in its specialty insurance business despite a reduction in its reinsurance segment.
Alleghany has posted solid results for 2014, driven by growth in underwriting profits at TransRe and its insurance segment.
Re/insurer Brit has appointed Matthew Wilson as group deputy chief executive officer (CEO) and chief underwriting officer.
The chief operating officer of Catlin, Paul Jardine, will remain with the company following its acquisition by XL.
The Insurance Council of Australia (ICA) has increased its estimate of the losses stemming from tropical cyclone Marcia to A$53.4 million ($41.4 million).