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Insurance
Fitch Ratings has revised its outlook on Lloyd's of London's and Lloyd's Insurance Company (China) to negative from stable because of concerns over the deterioration in underwriting performance, coupled with increasing exposure to catastrophe risk in against the backdrop of a soft market. 29 June 2017
Insurance
French insurer AXA has announced that its Asia CEO Jean-Louis Laurent Josi has stepped down from his executive responsibilities and is leaving the company by year-end. 29 June 2017
Insurance
Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Germany's Allianz, is expanding its presence across Asia with a new branch office in South Korea to serve global corporate clients. 29 June 2017
Insurance
A new digital insurance company has emerged by the merger of Europe's first digital insurance broker Knip, and Netherlands-based software provider Komparu. 29 June 2017
Insurance
European run-off insurance company DARAG has appointed Stuart Davies, the former group CEO of Sompo Canopius, as chairman of the group. 29 June 2017
Insurance
In what appears to be a new strategic direction for the company, Brian Duperreault, American International Group's (AIG) new CEO, has said he wants to target acquisitions of companies and reduce the pace of share buybacks. 29 June 2017
Insurance
Argo Pro, a subsidiary of specialty re/insurer Argo Group, has appointed Mary Henderson as senior vice president, head of financial institutions, and Dan Gmelin as vice president, underwriting, architects and engineers (A&E). 29 June 2017
Insurance
Specialist Latin American insurer Unnio Seguros Generales has completed its purchase of QBE's Latin American subsidiary, QBE Chile Seguros Generales. 29 June 2017
Insurance
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group, has appointed Jennifer Schaeffer as senior vice president to further builds its specialty expertise in the West US. 29 June 2017
Insurance
The frequency and intensity of the most “strong to extreme” storms are expected to increase while projections also reveal that the earth is likely to see an increase in the frequency and intensity of most of the other weather phenomena including severe thunderstorms, wildfires, inland floods and coastal floods. 29 June 2017
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