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Insurance
Analysts have expressed optimism about the outlook for American International Group (AIG) after it implemented steps to improve performance and changed management. 31 May 2017
Insurance
Novae, the specialist listed Lloyd’s insurer, has appointed Steve Cross as unit head of construction. 5 April 2016
Insurance
The total transaction volume of insurtech merger and acquisitions (M&As) in Asia hit $460 million in 2017, more than three times that of 2016, as industry incumbents and new entrants to the market pushed towards greater digitalization, according to the fourth Quarterly InsurTech Briefing from Willis Towers Watson. 9 April 2018
Insurance
Senior executives at Novae Group have highlighted the increasing need for scale in the risk-transfer business as the justify agreeing to the firm’s sale to AXIS Capital for £468 million ($604 million). 6 July 2017
Insurance
Global insurance premiums increased by 3.1 percent in real terms in 2016, down from 4.3 percent growth in 2015, according to the latest Swiss Re Institute's sigma report. 5 July 2017
News
Crosswinds Re, a specialty reinsurance business vehicle established by Crosswinds Holdings in the Cayman Islands, has entered into an underwriting agreement with TransRe as it struggles to find profitable business. 5 July 2017
Insurance
Germany’s insurance giant Allianz expects its 2017 operating profit to match the €10.8 billion it earned in 2016, according to its results press release. 17 February 2017
Insurance
PERILS, the Zurich-based organisation that provides catastrophe insurance data, has said its initial loss estimate for windstorm Tini is €245 million. It also upped the losses for windstorm Dirk to €352 million. 26 March 2014
Insurance
Peak Re is aiming to continue its incremental growth strategy as it navigates what has been a difficult 2016 for the industry thus far. 13 September 2016
Insurance
XL Catlin’s insurance operation in France has appointed François-Xavier d’Huart as head of client and broker management and Stéphane Gobet as client and distribution leader. 6 September 2016
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