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Against a backdrop of low growth and lower interest rates in the US and European economies, insurers are looking overseas to Asia and in particular Hong Kong at M&A strategies to grow revenues and tap new technologies. 28 November 2017
Insurance
Insurance brokerage and risk management firm Gallagher has appointed James Anderson as group managing director of Rossborough Insurance, its personal and commercial lines broking business based in the Channel Islands and Isle of Man. 28 November 2017
Insurance
US insurer WR Berkley has launched its startup personal insurance platform Berkley One in Illinois, the first state of a planned national state-by-state rollout. 28 November 2017
Insurance
Lloyd's broker AFL has hired George Stagg to lead its incubator division as associate director, innovation. 28 November 2017
Insurance
Bermuda-based Ascot Group has launched its reinsurance division, Ascot Re, following approval from the Bermuda Monetary Authority (BMA). 27 November 2017
Insurance
Insurers see increasing growth opportunities in Latin America through the development of products for the lower income population which will help reduce the protection gap in the region. 24 November 2017
Insurance
Intense price competition is weighing on underwriting results UK non-life company market insurance sector, according to Fitch Ratings. 24 November 2017
Insurance
Emirates Retakaful Limited (ERL) faces uncertainty regarding the future shareholding structure, management team and strategy after both the CEO and the chief financial officer resigned, according to AM Best. 24 November 2017
Insurance
Law firm Bernstein Litowitz Berger & Grossmann has filed a securities class action lawsuit on behalf of its client Cambridge Retirement System against Willis Towers Watson, according to a Nov. 22 press release. 23 November 2017
Insurance
Allianz Global Corporate & Specialty (AGCS) is targeting further growth in Asia by expanding its presence in China and Indonesia, seeking to capitalize on opportunities from the growing insurance markets. 23 November 2017
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