News
Insurance
Genworth Financial, the US financial services company with substantial insurance operations, has become the latest insurer to be acquired by investors from Asia. It has been acquired by China Oceanwide for approximately $2.7 billion. 25 October 2016
Alternative Risk Transfer
As the pandemic stress test continues, re/insurers are preparing for what comes next, including expectations of a hardening market. This is driving a growing trend for equity raises, with some building war chests and some taking advantage of new opportunities, while others look to protect their credit rating in a fight for survival. Intelligent Insurer reports. 12 June 2020
Insurance
The president of Markel International, William Stovin, says that business in the MENA region will grow for the re/insurer following the opening of the Lloyd’s platform today. 11 March 2015
Alternative Risk Transfer
As GIC Re makes its first acquisition, the company’s chairman-cum-managing director, Ashok Kumar Roy, tells Intelligent Insurer why Africa is the obvious stepping stone to the company’s expanding international reach. 4 August 2014
Insurance
Chubb Global Markets (CGM), the London-based wholesale insurance division of Chubb, has announced leadership appointments in its marine team. 8 February 2016
Insurance
Rating agency Standard & Poor’s (S&P) will pay $77 million to the Securities and Exchange Commission (SEC) to settle three cases involving fraudulent misconduct. 27 January 2015
Insurance
The market reports a £2.5bn return to profit and improved underwriting performance, but the pandemic is already taking its toll hitting assets and refocusing future priorities. CEO John Neal says the outbreak will change the world and ways of working forever. Intelligent Insurer reports. 27 March 2020
Insurance
AM Best has upgraded the financial strength rating of Arab Insurance Group (Arig) to A- (Excellent) from B++ (Good). The outlook of the rating has been revised to stable from positive. 22 December 2016
Insurance
US insurer WR Berkley has established a presence in Colombia with the formation of a company aimed at providing commercial insurance products. 7 July 2015
Insurance
The Central Bank of Ireland has appointed Sylvia Cronin, a former AXA executive, as the director of insurance supervision. 4 July 2014
Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.