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The Middle East and North Africa (MENA) region has not yet experienced the trend of mergers and acquisition (M&A) activity seen in the wider reinsurance market – but this will change soon, one CEO from the region has claimed. 9 March 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
ACE is set to double its insurance capacity for terrorism, political violence and war risks to €100m in response to evolving threats and increased demand. 10 July 2015
News
Safety National Casualty Corporation, a member of Tokio Marine Group which mainly writes excess workers’ compensation coverage to self-insured employers and groups nationwide in the US, has appointed a new vice president of ceded reinsurance. 17 February 2014
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
Dual, the underwriting arm of Hyperion Insurance, has appointed Andy Elston, formerly a director at Co-operative Group, as chief financial officer (CFO), Dual Group. 18 June 2014
Insurance
As Patria Re prepares to reposition itself from a Latin American specialist to a small international reinsurer with a specialty in the region, the company’s CEO, Ingrid Carlou, tells Intelligent Insurer about the benefits of this alteration and the reinsurer’s entry into Lloyd’s. 15 December 2015
Insurance
XL Group has appointed Paul Le Boutillier as senior underwriter, fine art & specie. He will report to Graham Hawkins, XL Group’s global chief underwriting officer for fine art & specie and is based in London. 13 November 2013
Insurance
Bermuda-based Everest Re has appointed Michael Mulray as chief underwriting officer of Everest National Insurance Company and US insurance operations. 7 May 2015
Insurance
Sapiens International, a global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, has entered into a definitive agreement for the acquisition of Maximum Processing. 8 June 2016
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