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Insurance
Economic growth and a low insurance penetration compared to advanced economies is set to drive re/insurance growth in developing countries in Asia such as China, India and Thailand, according to a JLT Re report titled Emerging Markets: Moving Ahead. 13 October 2016
Insurance
Willis Towers Watson has appointed Joe Peiser as head of broking, North America, part of its corporate risk and broking segment. 24 April 2017
Insurance
Lloyd's, the specialist insurance and reinsurance market, has appointed Mike Bracken, Nigel Hinshelwood and Fiona Luck to its franchise board as non-executive directors for a three-year period commencing March 1, 2018. 6 February 2018
Insurance
Property/casualty insurer Chubb has appointed Paul Lewis North America commercial insurance industry practice leader for its North American mid-market segment. 21 June 2018
Insurance
Fitch Ratings has reduced the outlook for Cayman Islands-based XL Group subsidiary XL (XLIT) and its property/casualty re/insurance subsidiaries to negative after “a meaningful deterioration in capitalization” following third-quarter nat cat losses. 30 October 2017
Alternative Risk Transfer
Bermuda-based Markel CATCo Investment Management (Markel CATCo) said on Oct. 30 that it raised over $1.8 billion for its private fund as a result of additional investments from both existing and new investors. 30 October 2017
Insurance
ACE Group has appointed Adi Darmaputra as accident & health and bancassurance director for its general insurance operations in Indonesia. 7 May 2014
News
Unnecessary interference by governments is the biggest threat facing managing general agents, and the wider insurance sector. 9 February 2012
Alternative Risk Transfer
Increased competition fuelled by third-party capital is causing premiums to decline, threatening reinsurers’ competitive positions. One consequence of this could be that some players struggle to maintain their financial strength ratings. 15 August 2014
News
Partner Re has appointed Jerome Matrundola to the new position of CEO life and health (L&H), Asia Pacific. 6 September 2017
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