News

Insurance

IAIS adopts frameworks to supervise internationally active insurance groups

The aim is to mitigate systemic risk in the insurance sector   18 November 2019

Insurance

Fairfax mulls Advent-Brit synergies at Lloyd’s as it faces 'considerable challenges'

Advent Capital Holdings and Brit, both units of Fairfax Financial Holdings, are planning to merge some of their Lloyd’s business and place the rest into run-off following a detailed portfolio review.   12 July 2018

Insurance

UnipolRe to expand telematics business in Europe, says CEO

Dublin-based UnipolRe plans to expand its telematics operations in Europe to Germany, France and the UK, CEO Marc Sordoni told Intelligent Insurer.   17 May 2017

Insurance

Aon sets up specialty practice to address protection gaps

Broker Aon’s reinsurance solutions business has launched its public private enterprise (PPE) specialty practice to address the global insurance protection gap.   6 September 2018

Insurance

Brexit stockpiling creates trade credit insurance shortfall risk

Suppliers are at risk of having insufficient trade credit insurance as some British firms, such as retailers and manufacturers, stockpile goods amid mounting concerns of a no-deal Brexit, according to Marsh, an insurance broking and risk management solutions provider.   25 October 2018

News

Miller hires treaty exec from China Taiping

Broker Miller has appointed Joe Ng, formerly deputy general manager at China Taiping Group, to a treaty reinsurance business production role in Hong Kong.   8 April 2014

Insurance

XL launches Lloyd’s first Shariah compliant product

XL Group and Cobalt Underwriting, the specialist Shariah compliant managing general agency, have launched the first Shariah compliant product available through Lloyd’s.   13 April 2015

Insurance

QBE unveils A$200m cost cutting programme

Australia-based insurer QBE is implementing measures targeting more than A$200 million ($144 million) in gross cost savings by 2021.   11 December 2018

Insurance

Reinsurers see M&A as solution for tough markets

Tough market conditions for global reinsurers is forcing them to review their long-term relevance and many are resorting to M&A to build scale, acquire expertise, and diversify, according to S&P Global Ratings.   24 August 2018

Insurance

M&A could help reduce cost base

The recent wave of consolidation in the industry is being driven partly by re/insurers acknowledging their high costs and attempting to reduce them, increasing profitability in the process, Matthew Wilken, president of Argo Re, told Baden-Baden Today.   23 October 2018

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