News
Insurance
Re/insurers have been blindsided by the influx of alternative capital, neglecting other considerations such as global regulatory change and the uncertainty it brings, Mo Tooker, president of Berkshire Hathaway’s Gen Re, told PCI Today. 28 October 2014
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re) said on Oct. 31 that it appointed Manik Sethi as CEO of its Singapore branch. 31 October 2017
Insurance
Mergers and acquisitions (M&A) in the global insurance industry are at their highest level for four years up 13 percent to 222 deals completed worldwide in the first six months of 2019 from 196 deals in the six months before. 1 August 2019
Insurance
Bermuda-based Aspen grew its gross written premiums by 6 percent year-on-year to $763.5 million in the third quarter of 2016, driven by its reinsurance unit Aspen Re. 27 October 2016
Insurance
Financial services company Fairfax Financial, through its wholly-owned subsidiary The Pacific Insurance Berhad, has acquired Malaysian insurer MCIS. 2 December 2014
News
General Reinsurance Corporation, along with its core property/casualty and life reinsurance/insurance subsidiaries, has had its financial strength rating (FSR) of A++ (Superior) and issuer credit ratings (ICR) of "aa+" affirmed by AM Best. 18 June 2012
Insurance
French insurer AXA is in the process of acquiring a reinsurance license in India, Intelligent Insurer understands. 12 June 2017
Insurance
Five years after its formation, Ryan Specialty Group started RSG Underwriting Managers Europe (RSGUM Europe) in London. Peter McKenna, managing director with oversight for RSGUM’s strategy in Europe describes to Intelligent Insurer the progress so far and his plans for the future. 20 April 2016
Insurance
ACE will acquire a 60.9 percent stake in Siam Commercial Samaggi Insurance, a general insurance company in Thailand, from Siam Commercial Bank. 13 January 2014
Insurance
Diversification is essential for evolving the cyber insurance market, yet expanding the cyber remit beyond data confidentiality and further into areas such as operational technology risk, data availability and integrity demands a common cyber risk currency, according to Morley Speed, managing director, and Carolyn Morley, chairman, global casualty, Guy Carpenter. 11 September 2017
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