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Insurance
Pan-Asian life insurance group AIA said on Sept. 21 that it reached an agreement with the Commonwealth Bank of Australia to acquire CommInsure Life and Sovereign, CBA’s life insurance business in Australia and life and health insurance businesses in New Zealand. 21 September 2017
Insurance
Allied World Assurance Holdings (Ireland), part of Allied World Assurance Company Holdings, has agreed to acquire a 21.2 percent stake in Gravity Underwriting, a London-based managing general agent (MGA). 14 August 2013
Insurance
American International Group (AIG) has announced its plan to locate an insurance company in Luxembourg to write business across the European Economic Area (EEA) and Switzerland once the UK leaves the European Union. 8 March 2017
Insurance
The Insurance Information Institute (III) has published ramifications for the insurance industry of the spread of the Ebola virus which, at the time of writing, has infected at least 8,399 people and killed 4,035, according to the World Health Organization. 28 October 2014
Insurance
Brit has appointed Nick Pozzebon to lead its existing Chicago-based US property facultative team for Brit Global Specialty, USA. 2 November 2015
Alternative Risk Transfer
2017 was a record breaking year for cat bond issuance. Gary Harris and Brad Adderley from legal firm Appleby take a look back at what was a year to remember. 25 April 2018
Insurance
Another increase in Insurance Premium Tax (IPT) will be a double blow for business at a time when the UK economy faces a so called ‘cocktail of threats’ , the Association of British Insurers (ABI) has said. 2 March 2016
Insurance
TransRe enjoyed strong growth in 2016 but this was largely driven by a one-off whole account quota share transaction and Alleghany Corporation, its parent company, stressed that it remains highly selective in the reinsurance treaties that it writes. 23 February 2017
Insurance
Credit risk insurance policies are likely to become more expensive and less readily available if regulatory changes proposed by the UK’s Prudential Regulation Authority (PRA) are pursued, according to the International Underwriting Association (IUA). 16 May 2018
Insurance
Zurich Insurance Group has appointed Mike Davies as global head of marine underwriting within the company’s general insurance business. He will succeed Lee Meyrick who left Zurich in April, 2013. 26 June 2013
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