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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
Lloyd's third-party managing agent Asta has completed the sale of its managing general agent (MGA) Pelican Underwriting One, which trades as Pelican Underwriting, to specialist MGA Manchester Underwriting Management (MUM). 5 March 2018
Insurance
American International Group (AIG) has recruited property/casualty insurer Chubb's Anita Williamson as global head of employee communications. 15 August 2017
Insurance
XL Catlin's excess and surplus (E&S) insurance team has named Caitlin Murphy to the role of Eastern regional vice president, E&S property. 22 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
Ropner Insurance Services, a Lloyd’s and London Market broker, has appointed six new brokers as part of its ongoing expansion. 30 May 2016
Insurance
Analysis of the solvency regimes in China and Japan suggests that both countries will benefit from developments that make them more transparent, a report from Moody’s has said. 25 April 2019
Alternative Risk Transfer
The Lloyd’s Market Association (LMA) has formed a ‘Members’ Agent Committee’, which will represent the interest and priorities of provider and advisors of third party capital at Lloyd’s. 2 June 2017
News
China Reinsurance Corporation has said that its 2016 net profit attributable to the equity shareholders may decrease by 30 percent to 35 percent compared to 2015. 24 February 2017
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
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