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Insurance
The new group director of underwriting at Pioneer Underwriters has commenced his role. 17 October 2016
Insurance
JLT Independent Insurance Brokers, a joint venture between Jardine Lloyd Thompson Group and Sunidhi Group, an Indian financial services group, has acquired Vantage Insurance Brokers & Risk Advisor’s employee benefits insurance brokerage portfolio in India. 17 October 2016
Insurance
Lloyd’s has appointed Daniel Revilla as head of Latin America. He will be responsible for enhancing business relationships and trading rights across the region for the benefit of the Lloyd’s market. 14 October 2016
Insurance
Swiss Re Corporate Solutions (Swiss Re CS), the commercial insurance arm of Swiss Re Group, and Bradesco Seguros, the insurance conglomerate of Bradesco Group, have agreed details of a comprehensive partnership that will create one of the largest commercial large-risk insurers in Brazil. 14 October 2016
Insurance
The transition to a new solvency regime in Mexico based on the principles of Europe’s Solvency II has resulted in lower levels of required technical reserves allowing the country’s insurers to enjoy an immediate benefit to earnings, according to an AM Best's briefing. 14 October 2016
Insurance
The run-off market is hitting new highs as large insurers execute their post-Solvency II strategies—and more deals and innovation are in the pipeline for this growing market, as Intelligent Insurer discovers. 14 October 2016
Insurance
Stricter regulations rolled out by the Chinese Insurance Regulatory Commission (CIRC) in 2016 have created a more competitive environment in China’s life market, according to an AM Best briefing, Asia-Pacific Reinsurance Movement. 13 October 2016
Insurance
Growth prospects in Asia-Pacific are still appealing to many reinsurers even with the prevailing soft markets, according to an AM Best report. 13 October 2016
Insurance
Strategic advisory services are coming into their own in Asia: ratings, Solvency II and regulatory issues are all big topics in the region, David Flandro, global head of analytics at JLT Re told EAIC Today. 13 October 2016
Insurance
As India opens its market to international reinsurers, major foreign players are applying for licences to take advantage of the country’s strong growth potential. But they will encounter a fairly soft market with prices likely to depreciate further due to the additional inflow of capacity, and a paramount state-run competitor, experts believe. 13 October 2016
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