News
Insurance
US life/annuity insurers have increased the aggregate face amount of policies ceded to reinsurers by 83 percent since 2006, to $28 trillion, according to AM Best. 18 January 2018
Insurance
American International Group (AIG), Hamilton Insurance Group, and affiliates of Two Sigma Investments, have entered into a non-binding memorandum of understanding (MoU) to form a joint venture that will establish a technology-enabled, customer-centric insurance platform for the small to medium-sized enterprise (SME) market. 27 April 2016
Insurance
Hedge fund-backed Greenlight Re's CEO Simon Burton admitted "weak" performance in 2018 as the reinsurer posted a loss in both its fourth quarter 2018 and full year results, but remains optimistic about the company's positioning and its value-investing strategy. 28 February 2019
Insurance
UK insurer RSA has appointed Anny Khaitan as chief operating officer for its global risk solutions (GRS) business. 9 August 2017
Insurance
As the clock ticks down on Brexit, Germany has adopted a provision to extend passporting rights for UK insurers if there is no deal. 27 February 2019
Insurance
Lincoln Financial Group has introduced online chat capabilities called ‘Ask Abe’ that are able to help customers with instructions for completing common, simple transactions such as changing a beneficiary or obtaining a copy of a policy. 20 June 2018
Insurance
The UK’s decision to exit from the EU will have little immediate impact for re/insurers domiciled in both the UK and in EU member states from a US insurance regulatory perspective, according to Thomas Dawson, a New York-based partner at transatlantic law firm Drinker Biddle. 28 June 2016
Insurance
US-based commercial insurance provider CNA has created a new, centralised affinity programmes unit within CNA Specialty to build on the company's expertise in affinity and delegated underwriting programmes. 15 June 2017
Insurance
HDI Global UK, the industrial insurer of the Talanx group, has hired Allianz's Jon Bartlett as director of property to bolster its property underwriting lines and drive international business. 16 July 2018
Insurance
The 30-day “go-shop” period in which the Navigators Group was seeking alternative acquisition offers has expired on Sept. 21 without a submission of a more attractive alternative to the one from The Hartford Financial Services Group. 26 September 2018
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