News

Insurance

Environmental risks are biggest ESG factors for insurers and reinsurers, especially in Asia-Pacific, Fitch heat map reveals

Environmental risks are the biggest ESG factor for insurers and reinsurers, and Asia-Pacific is the region of most concern.   17 September 2019

Insurance

Monument Re snaps up Dutch closed life insurer in Benelux strategy

Bermuda-based reinsurer Monument Re has acquired Robein Leven and its subsidiaries from Amerborgh Financial Services as part of its growth strategy in the Benelux region.   10 July 2018

Insurance

Thai Floods the turning point for understanding risk

David Masters, director at S&P Global Ratings, traces the increasing regionalisation of pricing back to the Thai floods of 2011.   12 September 2019

Insurance

Willis Towers Watson partners with Sompo to launch insurance platform for middle market real estate companies

Broker Willis Towers Watson (WTW) has entered into a strategic partnership with Sompo Global Risk Solutions (GRS), a part of Bermuda-based re/insurer Sompo International Holdings, to create an integrated insurance platform for the middle market commercial real estate segment.   12 September 2019

Insurance

CEE focus boosts VIG 2017 results

Austria-based Vienna Insurance Group (VIG) has grown premiums and profit in 2017 driven by its focus on Central and Eastern Europe (CEE), according to a company statement.   23 March 2018

Insurance

Allianz launches €1bn share buy-back programme

Allianz has revealed plans to buy back some €1 billion in shares in a move that reflects the tough market conditions in many of its sectors and also suggest it will not be seeking any large acquisitions.   3 July 2018

Insurance

Munich Re backed on-demand insurtech Trov expands in US

Munich Re-backed insurtech firm Trov is expanding its on-demand insurance offering to four additional states in the US.   14 January 2019

Alternative Risk Transfer

Prudential closes $2.6bn longevity reinsurance deals in pre-Brexit rush

Prudential Retirement, a unit of Prudential Financial, has completed approximately $2.6 billion in previously undisclosed longevity reinsurance contracts, assuming the longevity risks of about 16,000 pensioners, ahead of Brexit.   24 April 2019

Insurance

Sompo International appoints Thomas Brazil as new CEO of European unit

Bermuda-based specialty re/insurer Sompo International Holdings has appointed Thomas Brazil as the new chief executive officer of SI Insurance (Europe), the company’s platform for European Economic Area (EEA) insurance business.   23 April 2019

Insurance

Mapfre supporting UN climate change conference in Madrid

Chair and CEO Antonio Huertas to participate in the InsuResilience Global Partnership Forum.   2 December 2019

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