News
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
Insurer RSA has sold its minority stake in Indian insurer Royal Sundaram Alliance Insurance Company to Sundaram Finance, its joint venture partner. 18 February 2015
Insurance
Broker Aon is suing rival Willis Towers Watson (WTW) over its hiring of Michael Burwell as the new chief financial officer (CFO) because Burwell advised Aon on its restructuring plans as a partner of PwC. 27 September 2017
Insurance
Swiss Re has posted a loss in property/casualty reinsurance and corporate solutions, with life & health helping to prevent a group loss in 2017. 23 February 2018
Alternative Risk Transfer
Specialty re/insurer Brit has unveiled a new multi-arrangement insurance special purpose vehicle to write general collateralised reinsurance for multiple cedants via Brit’s distribution network in the London market. 19 November 2018
Insurance
Reinsurance capacity has reached a new peak in 2016 and is likely to further contribute to price declines, according to research by broker Aon Benfield. 6 April 2017
Insurance
Lloyd's of London specialist insurer Beazley has received authorisation from the Central Bank of Ireland to convert its Dublin-based reinsurance company into an insurance company permitted to transact business throughout the European Union. 13 July 2017
Insurance
French insurer AXA has announced that its Asia CEO Jean-Louis Laurent Josi has stepped down from his executive responsibilities and is leaving the company by year-end. 29 June 2017
Insurance
The frequency and intensity of the most “strong to extreme” storms are expected to increase while projections also reveal that the earth is likely to see an increase in the frequency and intensity of most of the other weather phenomena including severe thunderstorms, wildfires, inland floods and coastal floods. 29 June 2017
Insurance
Senior vice president at Guy Carpenter, Keith Riley, has stepped down from his role and has entered retirement. 31 March 2017
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