News
Insurance
Wildfires swept through Northern California’s world-famous wine country, destroying homes and businesses, Reuters reported on Oct. 9. 10 October 2017
Insurance
Standard Life Aberdeen is selling its insurance business to UK-based insurance services provider Phoenix Group for a total consideration of £3.24 billion. 23 February 2018
Insurance
Lloyd’s Asia has signed a memorandum of understanding (MoU) with the Intellectual Property Office of Singapore (IPOS) to expand the portfolio for intellectual property (IP) insurance products. 5 September 2018
Insurance
US-based programme administrator and managing general agency (MGA) V3 Insurance Partners has appointed former QBE executive Brian Janitschke as its chief operating officer. 21 February 2018
Insurance
Japanese conglomerate SoftBank is seeking to join Swiss Re’s board as it negotiates the acquisition of a minority stake in the reinsurer, according to a Feb. 18 Financial Times report. 19 February 2018
News
Peak Re’s recent expansion into the European market by opening an office in Zurich will not mean it will ignore either its roots in Asia or opportunities in other parts of the world, Franz Hahn, chief executive of Peak Re, told SIRC Today. 2 November 2015
Insurance
Tokio Marine Kiln (TMK) has entered into a partnership with NTT DATA UK to develop robotics services. 16 July 2018
Insurance
Data analytics provider Verisk's business Geomni has enhanced its drone service for properties with the launch of its new mobile app for ground imagery and unmanned aerial vehicle (UAV) inspections. 16 February 2018
Insurance
Insurance Australia Group (IAG) has raised its full-year 2018 reported insurance margin guidance to 15.5-17.5 percent, on back of an increase in reserve release expectations to around 3 percent of net earned premium (NEP) and a first half 2018 (Sept.-March) favourable credit spread impact. 14 February 2018
Insurance
Independent Lloyd's broker AFL has further expanded its wholesale property team with the appointment of re/insurance executives from JLT Re and Alston Gayler. 14 February 2018
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