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Swiss Re bets on growth in Asia but struggles elsewhere
Insurance
Swiss Re expects to benefit from “very significant growth” potential by setting up a new hub in Singapore but is shrinking the business elsewhere to protect profitability.   4 May 2017
Marriott sued for $12.5bn in data breach case
Insurance
A class-action lawsuit seeking $12.5 billion, or $25 for each customer whose privacy may have been jeopardized, has been filed against Marriott after the hotel chain revealed a data breach affecting 500 million customers of its Starwood hotels, according to a Dec. 1, 2018 report by The Oregonian.   3 December 2018
AXIS grows reinsurance segment by 62% YOY in Q4
Insurance
Bermuda-based AXIS grew gross premiums written in its reinsurance segment by 62 percent year on year in the fourth quarter of 2017 excluding the Novae acquisition.   8 February 2018
Insurance
China's decision to ease restrictions on foreign ownership of financial institutions will likely pave the way for foreign insurers, fund managers and securities to invest in or compete with China's firms.   16 November 2017
Insurance
XL Catlin’s insurance operations has promoted Adias Gerbaud to the position of head international environmental.   7 June 2017
Insurance
Broker Arthur J Gallagher (AJG) has acquired The Buchholz Planning Corporation, a Wisconsin-based provider of employee benefits consulting and brokerage services.   14 June 2016
Insurance
San Francisco is set to be the first city in the 100 Resilient Cities (100RC) programme to take advantage of RMS models and technology.   23 September 2014
Insurance
As part of AXIS Capital’s transformation initiative to strengthen its operating model, the firm expects to deliver an additional run-rate cost savings of $40 million over the previously announced $60 million related to the integration of Novae, the company said while presenting the first quarter 2018 results.   26 April 2018
Insurance
Marine insurance provider Skuld has appointed Kristoffer Kohmann as the new head of its Oslo business unit Skuld Oslo 2.   30 June 2017
Insurance
UK General, a specialist personal lines managing general agent (MGA), has appointed John Spencer as non-executive chair.   5 June 2017

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