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Insurance
Re/insurer XL Catlin has expanded its mergers and acquisitions (M&A) insurance product suite while strengthening its global team with three key hires. 25 April 2017
Insurance
The insurance sector is at risk of being further marginalised by investors as performance reporting has become more complicated as a result of Solvency II, according to a joint report by Willis Towers Watson and Autonomous Research. 25 April 2017
Insurance
The insurance industry must redouble its efforts to maintain its relevance as an increasing number of board-level risks do not have an insurable solution at the present time, according John Hurrell, the outgoing CEO of Airmic, the UK’s risk management association. 9 June 2017
Insurance
The senior executives of what will again be known as Canopius have said the business will seek growth through the recruitment of new teams and entry into new classes of business once its ownership passes from Sompo Japan Nipponkoa Insurance to a private equity consortium led by Centerbridge Partners. 1 September 2017
Insurance
General insurer Insurance Australia Group (IAG) has restructured its domestic business with the creation of a single division under current chief operating officer Mark Milliner. 19 July 2017
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
Specialty re/insurer Canopius has hired Victoria Phillips as an energy underwriter from Marsh, based in Singapore. 22 January 2018
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
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