News
Insurance
American International Group (AIG) is set to acquire a controlling stake in NSM Insurance Group, through a non-operating holding company, NSM Investments. 17 March 2015
Insurance
The reinsurance market must accept that buyers won’t pay a higher price and instead focus on increasing efficiencies in how business is transacted, Michael Papworth, head of Asia and property & casualty at Miller, told Monte Carlo Today. 12 September 2018
Insurance
French insurer AXA is acquiring Bermuda-based property/casualty commercial lines re/insurer XL Group for $15.3 billion (€12.4 billion) in cash. 5 March 2018
Insurance
HDI Global Specialty, a creation of a merger of the specialty lines activities of Hannover Re and HDI Global, has appointed its first chief executive and said it underwrote more than €1 billion in premium volume at the start of the year. 8 January 2019
Insurance
With India providing the bedrock for its operations in the region, GIC Re sees the wider Asia-Pacific region as the growth engine for the world economy and its own aims, Devesh Srivastava of GIC Re told SIRC Today. 29 October 2019
Insurance
E-commerce giant Amazon has led a $12 million funding round in Acko Technologies, which owns online general insurance provider Acko General Insurance, according to media reports. 29 May 2018
Insurance
Re/insurer XL Catlin has appointed Urs Uhlmann as CEO, country manager for Canada. He joins the business after serving five years as CEO global corporate for Zurich Canada. 13 March 2018
Insurance
Barbican Insurance Group has bolstered its financial lines division with the addition of a class underwriter for directors & officers (D&O) liability insurance, joining the business from Standard Syndicate 1884. 13 March 2018
News
Qatar Re is seeking a new chief executive after Gunther Saacke revealed he will step down from the role at the company’s next board meeting, scheduled for March, and leave the company later this year. 25 January 2019
News
While reinsurers and brokers discuss the return of a market cycle most buyers just want a quiet life with no surprises—assuming they don’t feel underinsured in light of the recent hurricanes or cyber losses that have the potential to cause them sleepless nights. Intelligent Insurer reports. 18 October 2017
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