News
Insurance
There are lucrative opportunities in the North American property-catastrophe treaty sector, which Lucy Forcey, senior underwriter for AmTrust at Lloyd’s (ATL) Syndicate 1861, plans to take advantage of. 30 October 2018
Insurance
The London Market Group (LMG) has reappointment Nicolas Aubert, head of Great Britain for Willis Towers Watson, as its chairman for another term. 28 April 2017
Insurance
The rating agencies have started to react to the news that Liberty Mutual will acquire Ironshore – just over a year after Fosun International, China’s biggest conglomerate, acquired the remaining 80 percent stake in the Bermuda-based property/casualty insurer. 6 December 2016
Insurance
Munich Re has partnered with Plug and Play, a Silicon Valley-based accelerator and corporate innovation platform, to collaborate with emerging insurtech startups in China. 29 October 2018
Insurance
Property casualty insurance provider The Travelers Companies said Aug. 2 that its board of directors elected CEO Alan Schnitzer as its next chairman, effective immediately. 2 August 2017
Insurance
Global specialty insurance holding The Navigators Group has entered into a share purchase agreement for the acquisition of all of the shares of Antwerp, Belgium-based Assurances Continentales - Continentale Verzekeringen NV (ASCO) and Bracht, Deckers & Mackelbert NV (BDM). 18 December 2017
Insurance
New Zealand-based general insurer Tower has entered into a $22 million settlement agreement with Hong Kong's Peak Re regarding an adverse development cover policy entered in 2015. 1 March 2018
Insurance
The Singapore Reinsurers’ Association (SRA) has appointed Validus Re’s executive vice president and CEO of Asia Pacific, Marc Haushofer, to become its chairman, effective January 2017. 6 December 2016
Insurance
Japan's property/casualty insurer Tokio Marine Holding has entered into a definitive agreement to acquire a 22.5 percent stake in South African insurer Hollard Holdings and Hollard International for 5 billion rand ($328 million) in cash and is looking for additional M&A targets. 7 September 2018
Alternative Risk Transfer
The catastrophe bond limit on-risk has reached $30 billion during the 12 months to June 30, 2018 – an increase of $4.2 billion from the prior year period, and a new record for the sector, Aon noted in the report titled 'Alternative Capital Fortifies Its Position'. 7 September 2018
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