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Insurance
American International Group (AIG) has announced its plan to locate an insurance company in Luxembourg to write business across the European Economic Area (EEA) and Switzerland once the UK leaves the European Union. 8 March 2017
Insurance
There have been several interesting transactions in the past six months as a number of serial consolidators have looked to take advantage of a growing desire on the part of insurers to move certain blocks of business off their books 10 May 2017
Insurance
Another increase in Insurance Premium Tax (IPT) will be a double blow for business at a time when the UK economy faces a so called ‘cocktail of threats’ , the Association of British Insurers (ABI) has said. 2 March 2016
Insurance
Following the acquisition of Bermuda-based Endurance, Sompo Japan Nipponkoa Insurance has launched a fully integrated global commercial insurance and reinsurance platform based in Bermuda, which has been named Sompo International. The new corporation will have its own board, led by John Charman as chairman and CEO, reporting to the Sompo CEO Kengo Sakurada. 29 March 2017
Insurance
Cyclone Debbie roared ashore in Queensland as the most powerful storm to strike Australia since Cyclone Yasi destroyed Queensland resorts, homes, and crops in 2011, according to catastrophe risk modelling provider AIR Worldwide. 29 March 2017
Insurance
The pressure and risks faced by insurers in Europe are increasing further in 2017, pressuring profitability and return on capital, according to China-based credit rating agency. 29 March 2017
Insurance
Brit has appointed Nick Pozzebon to lead its existing Chicago-based US property facultative team for Brit Global Specialty, USA. 2 November 2015
Insurance
New Zealand insurance company Tower has sold its remaining life business, Tower Life (NZ), to Foundation Life, for NZ$36 million ($31.5 million). 1 July 2014
Insurance
JLT Specialty USA, a US subsidiary of insurance and reinsurance broker Jardine Lloyd Thompson Group (JLT), has appointed Perry Robinson as senior vice president (SVP). 28 January 2016
Insurance
Indian reinsurer GIC Re is preparing to launch an IPO. Chairman-cum-managing director Alice G Vaidyan explains the reasons behind it and the company’s plans for the months ahead to PCI Today. 15 October 2017
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