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Insurance
Insurance companies Towergate and Ageas and underwriter Arista have signed a major new strategic partnership which sees Ageas provide capacity for £60 million each year for the next five years across Arista’s commercial motor, property and liability products. 24 February 2016
Insurance
Anne Waleski, executive vice president and chief financial officer (CFO) of Markel Corporation and its vice chairman Michael Crowley are set to step down from their current positions. 17 November 2017
Insurance
The coming year will see more insurers in Asia consolidating their positions and looking for more innovative ways to offer their products, Li Shan Yeo, CEO of Antares Asia, told EAIC Today. 12 October 2016
Insurance
Unless there is an appreciation of looking at flood risk more holistically and using some of the science-driven solutions available, the industry will continue to be surprised by increasingly intense rainfall episodes such as those seen with Hurricane Harvey, Jay Guin, chief research officer at AIR Worldwide, told Monte Carlo Today. 10 September 2017
Insurance
The UK government is extending the terrorism cover offered by Pool Re to include non-damage business losses resulting from acts of terrorism. 22 March 2018
Insurance
Brit’s acquisition by financial services company Fairfax has highlighted the trend of increasing buyer demand facilitating private equity (PE) exits. 18 February 2015
Insurance
Insurer Towergate has announced that Christine Dandridge has joined its board as a non-executive director. 23 March 2016
Insurance
AXIS Capital saw its income for the first six months of 2017 decline by almost half, blaming the fall on the impact of the Ogden rate change in the UK, as well as property losses. 27 July 2017
Insurance
Mitsui Sumitomo Insurance Company’s ¥634.7 billion (£3.4 billion) deal to acquire Amlin Insurance is a deal driven by both economic conditions in Japan and pressures on the global re/insurance market and could work for both parties. 8 September 2015
Insurance
A broadly diversified reinsurance panel, in conjunction with the continuity and longevity of their reinsurer relationships, are the most relevant considerations in pursuit of their risk protection strategies, according to a survey including European insurers and brokers. 7 September 2017
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