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Tokio Marine acquires $328m stake in Hollard
Insurance
Japan's property/casualty insurer Tokio Marine Holding has entered into a definitive agreement to acquire a 22.5 percent stake in South African insurer Hollard Holdings and Hollard International for 5 billion rand ($328 million) in cash and is looking for additional M&A targets.   7 September 2018
Alternative Risk Transfer
The catastrophe bond limit on-risk has reached $30 billion during the 12 months to June 30, 2018 – an increase of $4.2 billion from the prior year period, and a new record for the sector, Aon noted in the report titled 'Alternative Capital Fortifies Its Position'.   7 September 2018
Carr, Mendocino fire claims top $845m
Insurance
California’s Carr and Mendocino complex fires’ claims top $845 million and are now counted among the most destructive wildfires in the state's history, according to California’s Insurance Commissioner Dave Jones.   7 September 2018
Insurance
As the latest deal for Britain to leave the EU was voted down in Parliament last night, the possibility of the country leaving with no-deal looked more likely.   13 March 2019
Insurance
A return to adequate rates and disciplined underwriting appear to top the Christmas wish lists of most re/insurance executives questioned by Intelligent Insurer as part of a year-end survey designed to reveal what they hope for in 2018.   27 December 2017
Insurance
American International Group (AIG) has hired Thomas Lillelund to become CEO of its new unit AIG Europe SA.   8 August 2018
Insurance
Specialty insurance group Tokio Marine HCC has appointed Henning Skaarup as head of surety Nordics and Jan Holm Larsen as senior surety underwriter to further expand its international surety capabilities into Continental Europe.   12 March 2019
Insurance
Bermuda-based Everest Re Group has promoted Patricia McMahon to the role of senior vice president and chief claims officer of Everest Insurance.   12 July 2018
Insurance
The London Insurance and International Brokers Association (LIIBA) has created a new delegated authority working group to focus on the London Market Target Operating Model (LM TOM) and its impact on binders and line slips.   12 July 2018
Insurance
Activist investor Voce Capital has named five board nominees it said could bring about “urgently needed” change at insurer Argo.   11 March 2019

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