News
Insurance
‘Increasingly the industry is willing to take on liquidity risk in pursuit of higher yields.’ 26 November 2019
Insurance
Bermuda-based Enstar Group has entered into an agreement to sell its subsidiary Pavonia Holdings for $120 million to an undisclosed affiliate of Global Bankers Insurance Group, the re/insurance group of companies of Eli Global. 20 February 2017
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has opened a new office in Perth to further expand its presence in Australia while appointing new property and casualty lines leaders. 26 March 2018
Insurance
Following an in-depth business and financial review, S&P Global Ratings believes Marsh&McLennan (MMC) will likely be committed to and able to de-lever back to a range appropriate for the firm’s current rating despite a very significant increase in debt to fund its acquisition of insurance broker JLT. 8 October 2018
Insurance
Property/casualty insurer Chubb has appointed Adrian Matthews to the role of chief operating officer (COO) for Continental Europe, based in Paris. 20 February 2017
Alternative Risk Transfer
Artex, an alternative risk management subsidiary of Arthur J Gallagher, has hired Peter Mullen to re-join the company after seven years as CEO-elect. 26 March 2018
Insurance
Re/insurance broker Willis Group has launched the UK’s first Shariah compliant commercial real estate insurance. 10 June 2014
Insurance
The industry increased its holdings in structured notes by one-third over a three-year period 26 November 2019
Insurance
Australia and New Zealand Banking Group (ANZ) has finalised a reinsurance arrangement with Zurich and has received around $1 billion of reinsurance proceeds. 8 May 2018
Insurance
Hong Kong-based Peak Reinsurance Company has been authorised as a life and general reinsurer by the Monetary Authority of Singapore to write reinsurance business in the country. 10 November 2017
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