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High growth potential for the Latin American insurance market has attracted global re/insurers and brokers to the region through mergers & acquisitions (M&A), despite weak recent economic growth, according to consultancy firm EY. 15 November 2017
Insurance
Chord Re, a new reinsurance-focused managing general agency (MGA), has been launched by the former head of Aspen Re London Stefan Long, and will begin underwriting on behalf of Neon Syndicate 2468 from January 2018. 14 November 2017
Insurance
Brand strength will be the main driver of M&A activity in re/insurance in the next three years, reflecting the transition to digital sales which require a strong, recognisable brand, according to a survey by Willis Towers Watson in conjunction with Mergermarket. 14 November 2017
Insurance
Chubb has appointed three executives for its newly-created small commercial division for SMEs in Asia Pacific. 14 November 2017
Insurance
The London insurance market is 'overly complex' and is losing relevance to its customers in the energy industry, with product that fail provide value for money. 14 November 2017
Insurance
CFC Underwriting, a Lloyd's managing general agent (MGA), has appointed Neil Beaton to build a new team focused on developing a suite of products for financial institutions. 14 November 2017
Insurance
A magnitude 6.5 earthquake shook the Central Valley of Costa Rica at 8:28pm local time on Sunday November 12, causing minor damage in the Puntarenas region of the Pacific Coast. 14 November 2017
Insurance
Bermuda-based Everest Re Group has formed a new business segment targeting small, middle and large private/not-for-profit (NFP) companies on a primary and excess basis, offering innovative product and solutions across several industries. 13 November 2017
Insurance
The recent wildfires in the US state of California, which killed at least 43 people and injured 185 others, could in aggregation become the most damaging event on record in the state, according to Impact Forecasting’s latest edition of its monthly Global Catastrophe Recap. 13 November 2017
Insurance
Howden, the retail broking arm of Hyperion Insurance Group, has acquired a majority stake in New Generation Insurance Services (NGIS) in Oman. 13 November 2017
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