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Insurance
The Hong Kong life insurance industry has experienced significant growth in new business over the last couple of years, but will be challenged to grow consistently in the future due to weakened domestic demand and new measures imposed by the Chinese government, according to an AM Best’s special report. 15 August 2016
Insurance
The Hanover Insurance Group has announced several organisational changes to drive global growth through its “go-forward” business strategy over the next five years. 24 February 2017
Insurance
XL Life, the subsidiary of global re/insurance firm XL Group, has entered into a definitive agreement to reinsure a block of US term life treaties to a subsidiary of Reinsurance Group of America (RGA). 3 December 2015
Insurance
The main driver of premium growth in both the life and non-life sectors is expected to come from emerging markets, in particular Asia, according to Swiss Re. 22 November 2016
Insurance
AXIS Capital Holdings has reported a fall in its net income for the first quarter of 2016, to $38 million, compared with $156 million, for the first quarter of 2015, weighed down by weak investment results. 27 April 2016
Insurance
Agency captives can offer agents and brokers the opportunity to earn underwriting profits previously retained by the insurance carrier, and align the interests of the agent and carrier regarding risk selection, pricing and loss control. 10 August 2017
News
Chesterfield Financial Holdings, a subsidiary of Reinsurance Group of America (RGA), has completed a substantial securitisation of US life insurance embedded value policies. 17 December 2014
Insurance
The Hartford’s move to acquire its close neighbour Navigators Group has taken many by surprise—but it could make good strategic sense for the company, which can now target global growth. Its aspirations for the reinsurance side of its new business will also raise a few eyebrows in the market, as Intelligent Insurer finds. 24 August 2018
Insurance
US insurance broker Brown & Brown has reported a 3 percent growth in its revenues for the fourth quarter of 2015, compared with the same period a year earlier. Its revenues for the full year 2015 also increased by 5.6 percent. 26 January 2016
Insurance
Megadollar deals between reinsurers happen between the gods up on Mount Olympus, but down here we’re focused on how to get better data into transaction systems, says Frank Fortunato, chief executive of CATEX. 23 October 2016
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