News

Insurance

Tokio Marine, Sompo, MS&AD remain profitable despite record 2018 nat cat losses

Japans three major insurance groups Tokio Marine Holdings (TMHD), Sompo Holdings and MS&AD Insurance Group Holdings are expected to remain profitable in fiscal 2018 (April-March) despite record high domestic wind and flood catastrophe losses, according to Moody’s.   28 November 2018

Insurance

Stretching its wings: GIC Re

While retaining a robust market share in its home of India, GIC Re is increasingly competing on the international stage. Devesh Srivastava, general manager of GIC Re, explains its strategy.   10 September 2018

Insurance

Sompo Canopius taps AIG exec to head trade credit business

Specialty re/insurer Sompo Canopius has hired Will Clark to head a new trade credit insurance team.   7 June 2017

Insurance

Willis Towers Watson appoints head of P&C North Asia from AIG

Broker Willis Towers Watson appointed Evariste Yeung as head of property and casualty, North Asia.   6 November 2017

Insurance

CCR transfers its reinsurance activities to new entity

CCR, a public-sector reinsurer operating in France, has transferred its open market reinsurance activities to a newly created entity, CCR Re, effective January 1, 2017.   9 September 2016

News

AM Best rates Allianz Brazil; warns on regulatory changes

Allianz Global Corporate & Specialty Resseguros Brasil (AGCS Brazil), the business formed earlier this year by Allianz Global Corporate & Specialty to operate as a local reinsurer in Brazil, has secured a financial strength rating of A from AM Best.   28 March 2014

Insurance

Allied World launches UK commercial unit with former Gallagher exec as head

Switzerland-based property/casualty re/insurer Allied World Assurance Company Holdings has launched its UK commercial division with the appointment of Darren Rowe.   30 May 2017

Insurance

Ratings users unaware of big differences between Fitch and AM Best

Fitch Ratings has released a report which details the differences and lack of comparability between its own insurance financial strength (IFS) ratings and those of AM Best – in particular at the 'A-' level.   18 July 2016

Insurance

Lancashire reveals senior promotions in London and Bermuda

Specialty re/insurance provider Lancashire Holdings has filled up key vacancies with three senior underwriting promotions from within.   1 September 2017

Insurance

Lloyd’s syndicates counter Kanye West $10m lawsuit claims

Lloyd’s syndicates facing a $10 million lawsuit by US rapper Kanye West over a cancelled tour have countered his claims they believe are invalid.   31 August 2017

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