News

Insurance

PICC gets green light to list on Shanghai Stock Exchange

China's securities regulator has given the People's Insurance Company of China (PICC) the green light to list on the Shanghai Stock Exchange.   6 June 2018

Insurance

AIG Bermuda captive head appointed as new BIMA president

Kathleen Bibbings, who has more than 30 years’ experience in the insurance industry and currently heads up AIG’s Bermuda captive operations, has been appointed president of the Bermuda Insurance Management Association (BIMA).   6 June 2018

Insurance

Blockchain used on marine insurance deal for first time

Willis Towers Watson claims to have completed the first blockchain transaction for marine insurance in a first for that sector.   6 June 2018

Insurance

Alliant hires new leader of SIU division

Alliant Underwriting Solutions has hired long-time catastrophe underwriter Kelley Bernal as senior vice president and senior director of underwriting for its SIU division.   6 June 2018

Insurance

JLT secures broking licence extension in China

Jardine Lloyd Thompson (JLT) has been granted a licence to cover all lines of insurance brokerage business in China.   6 June 2018

Insurance

Universal expands reinsurance tower to $3bn

Universal Property & Casualty Insurance Company (UPCIC) has expanded the top of its reinsurance tower for a single Florida event by $350 million to $3.00 billion as part of Universal Insurance Holdings’ 2018-2019 reinsurance programmes, effective June 1, 2018.   31 May 2018

Insurance

Allianz acquires stake in Africa Re

Germany-based Allianz Group has signed an agreement to acquire 8 percent in African Reinsurance Corporation (Africa Re) for a total amount of $81 million.   30 May 2018

Insurance

Aon creates new group to grow MGA, MGU network; names CEO

Broker Aon has created a new Carrier Solutions group, under the leadership of Karl Hennessy, to support and grow its proprietary network of managing general agents (MGAs) and managing general underwriters (MGUs).   30 May 2018

Insurance

Former Anbang chairman appeals conviction

Wu Xiaohui, the former chairman of Anbang Insurance Group, has appealed his conviction for fraud and embezzlement, the Financial Times reported on May 30 citing his lawyer.   30 May 2018

Insurance

Tower to raise premium after losses

New Zealand-based Tower has been impacted by severe and unprecedented weather and a settlement of a Peak Re dispute resulting in a half year loss of NZ$11.6 million ($8.04 million) for the half year ended March 31, 2018 compared to a loss of NZ$8.2 million in the same period a year ago.   30 May 2018

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