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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
William Gallagher Associates (WGA), a US retail insurance broker, has appointed Michael Talmanson as leader of the firm’s technology and cyber risk practice. 10 December 2014
Insurance
The chief executive officer (CEO) of Zurich has said he is not “satisfied” with the insurer’s earnings, as profits and gross written premiums fell. 12 February 2015
Insurance
The Bermuda Business Development Agency (BDA) and other business bodies including the Association of Bermuda Insurers and Reinsurers have praised the resilience of Bermuda and the speed with which much of its critical infrastructure reopened in the aftermath of Hurricane Nicole. 17 October 2016
Insurance
Specialist insurer Markel International has appointed Tom Fassnidge as senior claims adjuster in its professional and financial risks division. 21 November 2014
Insurance
Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS) has started a transactional liability unit in North America to help customers face inherent risks caused by M&A transactions. 21 July 2016
Insurance
Zurich Insurance Group enjoyed a 20 percent rise in net profits on the back of a small rise in revenues in the first quarter of 2014 as it started to implement a strategic programme designed to streamline the business. 15 May 2014
Insurance
Dah Sing Financial Group has reached an agreement to sell the life insurance businesses of Dah Sing Financial Holdings Limited (DSFH) in Hong Kong and Macau to the Fujian Thai Hot Investment Company (Thai Hot). 3 June 2016
News
Bermuda-based RenaissanceRe has appointed James Gibbons as non-executive chair of its board of directors. 17 November 2015
Insurance
AXIS Capital Holdings has reported a fall in its net income for the first quarter of 2016, to $38 million, compared with $156 million, for the first quarter of 2015, weighed down by weak investment results. 27 April 2016
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