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Insurance
Re/insurer XL Catlin, through its Catlin Singapore unit, is joining the InsurTech Asia Association as one of its founding members. 12 March 2018
Insurance
Commercial insurance prices in the US increased slightly in the fourth quarter of 2017, but price changes still averaged less than 1 percent for the 10th consecutive quarter, according to a new report by Willis Towers Watson. 12 March 2018
Insurance
MetLife is inviting insurtech startups to compete for a $100,000 contract to develop solutions across insurance value chains in areas such as customer engagement, sales, and operations, and to pilot these solutions with MetLife Europe, the Middle East and Africa (EMEA). 12 March 2018
Insurance
The second half of 2017 showed an uptick in insurance M&A deals globally for the first time since 2015 and was followed by a number of high profile transactions in 2018. 12 March 2018
Insurance
Investors expect the pace of the property/casualty insurance industry consolidation to accelerate, according to Morgan Stanley. 8 March 2018
Insurance
ASSA Compañía Tenedora is the ninth member joining Blue Marble, a consortium of insurers and reinsurers focused on providing insurance to the 2 billion people around the world facing financial protection gaps. 8 March 2018
Insurance
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon, has hired two senior executives from Guy Carpenter to boost its capital advisory and terrorism specialty divisions. 7 March 2018
Insurance
Fitch Ratings has placed the ratings of XLIT (XL, a Cayman Islands subsidiary of XL Group) and its property/casualty re/insurance subsidiaries on Rating Watch Positive from Negative Outlook following the planned acquisition by AXA. 7 March 2018
Insurance
Fitch Ratings has threatened to downgrade AXA following the plan to acquire XL Group due to financing risks related to the planned IPO of AXA’s US subsidiary. 7 March 2018
Insurance
Specialty re/insurer Canopius has appointed Mike Duffy chief executive of Canopius Managing Agents, the group’s principal regulated entity, in addition to his existing role as group chief underwriting officer. 7 March 2018
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