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Insurance
ASSA Compañía Tenedora is the ninth member joining Blue Marble, a consortium of insurers and reinsurers focused on providing insurance to the 2 billion people around the world facing financial protection gaps. 8 March 2018
Insurance
Investors were potentially spooked by AXA’s announcement yesterday (March 5) that it will acquire XL Group for $15.3 billion. Its share price fell sharply by around 10 percent as investors worried on a fundamental shift in strategy, according to analysts. 6 March 2018
Insurance
Nicola Harris joins XL Catlin from Allianz Global Corporate & Specialty where she was head of energy & marine, based in Dubai since 2014. Prior to that, she held a number of roles at Marsh in London and then Cape Town, where she was appointed regional leader for power & energy in 2011. 6 March 2018
Insurance
Munich Re has appointed Jill Beggs, senior vice president and head of new strategic markets at Munich Reinsurance America, to its US property and casualty executive board. 6 March 2018
Insurance
Specialty insurer Navigators has appointed Marina Chierici as a financial lines underwriter in its international management and professional liability division NavPro. She joins from Chubb Insurance Company of Europe. 5 March 2018
Insurance
French insurer AXA is acquiring Bermuda-based property/casualty commercial lines re/insurer XL Group for $15.3 billion (€12.4 billion) in cash. 5 March 2018
Insurance
Nippon Life Insurance Company is acquiring an 85.1 percent stake in MassMutual Life Insurance Company (MassMutual Japan), a Japanese unit of US insurer MassMutual International. 5 March 2018
Insurance
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has obtained formal authorisation from the local insurance authorities to operate as an insurer in Mexico. The company was registered as a 'foreign reinsurer' in Mexico since 2014. 2 March 2018
Insurance
Jardine Lloyd Thompson Group unveiled radical plans to restructure the business in its 2017 results, which it hopes will result in annualised savings of £40 million by 2020 for a one-off cost of £45 million spread across 2018 and 2019. 28 February 2018
Insurance
Jardine Lloyd Thompson Group posted solid growth, including in its reinsurance unit JLT Re, and improved profits in its preliminary results for 2017. 28 February 2018
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