News
Insurance
Insurance assets for sale in the UK due to Solvency II and demand for acquisitions in Asia Pacific (APAC) are set to drive M&A activity in 2017, according to accounting and advisory firm KPMG. 17 March 2017
Insurance
The US state insurance regulator National Association of Insurance Commissioners (NAIC) is asking for clarifications on the negotiated covered agreement between the EU and the US which removes collateral and local presence requirements for reinsurers from the opposite side of the Atlantic, and suggested that the agreement might have to be renegotiated. 17 March 2017
Insurance
Munich Re is investing in technology and actively preparing and searching for growth opportunities to revert the current shrinking process. 17 March 2017
Insurance
Specialist insurer Beazley has appointed Najib Bousakr to spearhead the growth of its specialty lines business in Latin America. 17 March 2017
Insurance
Bermuda-based Ironshore has expanded its mergers and acquisitions (M&A) capabilities with a team of new hires in the Americas and extended cover capacity. 17 March 2017
Insurance
The Insurance Council of Australia (ICA) has appointed Suncorp's insurance CEO Anthony Day as its president and chairman of the board. 17 March 2017
Insurance
Trump Administration’s proposed spending cuts to the Federal Emergency Management Agency (FEMA) would put lives, property and taxpayer dollars at risk, according to SmarterSafer. 17 March 2017
Insurance
US property/casualty insurer Great American Insurance Group has appointed Mark Conklin as the divisional president of its professional risk insurance unit that provides excess casualty coverages for medium to large-sized companies. 17 March 2017
Insurance
New York-based property/casualty insurer AmTrust Financial Services has delayed its 2016 consolidated financial statements (10-K) and said that the company's 2014 and 2015 financial reports will be restated and should no longer be relied upon. 17 March 2017
Insurance
While Munich Re is currently shrinking its share of traditional reinsurance business, due to the current soft market, it is also investing in technology to create alternative growth opportunities through the coverage of new risks and advisory for risk prevention. 16 March 2017
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