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Insurance
The Chinese government seized control of Anbang Insurance Group and said its chairman had been prosecuted, according to a Reuters Feb. 23 report. 23 February 2018
Insurance
Standard Life Aberdeen is selling its insurance business to UK-based insurance services provider Phoenix Group for a total consideration of £3.24 billion. 23 February 2018
Insurance
Munich Re’s Digital Partners has entered into a long-term strategic partnership with insurtech home insurer Buzzvault, according to a Feb. 20 press release. 20 February 2018
Insurance
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, has reorganized its underwriting team. 20 February 2018
Insurance
Insurance broker Lockton has appointed three industry experts to its high net worth Signature Client Group, according to a Feb. 19 press release. 20 February 2018
Insurance
Integro Insurance Brokers has hired Jacquelyn Neal as a principal in the marine practice, based in its San Francisco office. 15 February 2018
Insurance
Insurance intermediaries need to make contingency plans due to Brexit to protect interests of their clients, secure contract continuity and to enable that business continues flowing into London, the London and International Insurance Brokers’ Association (LIIBA) has warned. 15 February 2018
Insurance
XL Group CEO Michael McGavick said that he is not surprised that there is speculation about a potential takeover of XL Group by other market players. 14 February 2018
Insurance
Independent Lloyd's broker AFL has further expanded its wholesale property team with the appointment of re/insurance executives from JLT Re and Alston Gayler. 14 February 2018
Insurance
Insurance carriers globally could seize $375 billion in new revenue in the next five years by transforming and revitalizing their businesses, according to a new report from consultancy firm Accenture. 13 February 2018
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