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China enters ‘golden period’
Insurance
For an underinsured country with a large population and GDP, the next five to 10 years will be a golden period for the Chinese insurance industry, Jianzhong Pan, chairman & CEO of China Zenith Insurance, told SIRC Today.   29 October 2018
Insurance
A new report by Lloyd’s on catastrophic liability risks modelling marks a valuable milestone in the development of solutions to model and quantify casualty downside risk, Willis Re has claimed.   15 March 2017
AIG acquires US broker Glatfelter to strengthen general insurance unit
Insurance
American International Group (AIG) is acquiring Glatfelter Insurance Group (Glatfelter), a full-service broker and insurance company providing services for specialty programmes and retail operations.   21 September 2018
Insurance
London-based reinsurance, wholesale and specialty broker Ed is to be acquired by BGC Partners, a global brokerage and financial technology company.   29 October 2018
Insurance
B3i, the blockchain insurance industry initiative, is cooperating with RiskBlock Alliance in the development and setting of data standards for the insurance industry.   15 November 2018
Insurance
Cyber insurance penetration is low in Asia, but there is great opportunity to introduce cyber products at a local level and build them out from there, Jonathan Ranger, chief executive officer of Criterion Underwriting, told SIRC Today.   30 October 2018
Insurance
Bermuda-based Hamilton Insurance Group has appointed Brenton Slade as senior vice president of Hamilton Capital Partners, a new business unit that will be tasked with the development of the company's capital management capabilities.   31 May 2018
News
The latest version of modelling tools coupled with internal expertise and potentially external advisors can give re/insurers a good understanding of their cyber risk accumulation, Christer Pehrson and Laurent Marescot of RMS, told Baden-Baden Today.   24 October 2018
Insurance
Broking firm Global Risk Partners (GRP) has appointed Mike Bruce to the newly created role of group managing director.   17 December 2018
News
Swiss Re reported a net income of $1.1 billion for the first nine months of 2018 compared to a loss of $468 million for the same period a year ago, despite an estimated claims burden of $1.6 billion from natural catastrophes and large man-made events.   1 November 2018

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