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Insurance
As companies grapple with new and emerging complex risks including cyber, terrorism and D&O, this also presents an opportunity for insurers if they can innovate to address clients’ needs, Chin Feng, Hong Kong & Greater China CEO for Allianz, told EAIC Today. 13 October 2016
Insurance
XL Catlin has opened its second office in Mexico, located in Monterrey, and has appointed Carlos Matthey as client distribution leader. 13 October 2016
Insurance
Cyber risk, terrorism and D&O risks are high on the agenda for companies in Asia, Chin Feng, Hong Kong & Greater China CEO for Allianz, told EAIC Today. 12 October 2016
Insurance
The rapid growth in the value of assets in the Asia region coupled with rising concentration levels, means there has been a significant increase in the degree of exposure to natural catastrophes, Eduard Held, head of products at PERILS, told EAIC Today. 12 October 2016
Insurance
Joining the NatCatDAX Alliance, which has been set up to help increase data availability for natural catastrophe insurance in Asia, represents a unique opportunity for PERILS to establish its presence in the Asia region, Eduard Held, head of products at PERILS, told EAIC Today. 11 October 2016
Insurance
Catalina Holdings UK, a wholly-owned subsidiary of Catalina Holdings (Bermuda), has completed its acquisition of AGF Insurance from a subsidiary of Allianz. 11 October 2016
Insurance
Allianz Group has signed a partnership with the International Finance Corporation (IFC), a member of the World Bank Group, to invest $500 million for infrastructure projects in emerging markets worldwide. 6 October 2016
Insurance
Deal volumes in mergers and acquisitions (M&A) are likely to be lower this year as merger activity takes a break because the industry is focusing on developing strategies and rebalancing portfolios in line with Solvency II rules. But there are many reasons to believe that activity is going to pick up again soon. 6 October 2016
Insurance
In the current challenging soft market and low interest rate environment, large re/insurance companies are in an advantageous position as they can better absorb the pressure and find alternative income sources. Search for scale is therefore likely to drive M&A activity in the coming years, Intelligent Insurer reports. 6 October 2016
Insurance
Sirius International Insurance Group (Sirius Group) has made a series of appointments as part of an expansion of its global team. 5 October 2016
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