News
Insurance
Hong Kong-based Peak Reinsurance Company has been authorised as a life and general reinsurer by the Monetary Authority of Singapore to write reinsurance business in the country. 10 November 2017
News
Reinsurers and cedants have been adversely impacted by consolidation among reinsurance brokers – making this a good moment for a new player to launch. That is the argument of Charlie Love, the newly appointed chief financial officer of Augment, launched in July, who also promises the broker will innovate and help clients unlock trapped value. 4 August 2023
Insurance
The transaction reflects AIG’s strategy to focus on the high net worth segment. 29 June 2020
Insurance
The company has hired a new managing director who previously worked at Marsh, Towergate, and Willis. 17 August 2020
Insurance
Bermudian Fidelis Insurance has taken an equity stake in new managing general agent (MGA) Firestone Surety and will be providing underwriting capacity. 15 December 2017
Insurance
New Zealand-based general insurer Tower has entered into a $22 million settlement agreement with Hong Kong's Peak Re regarding an adverse development cover policy entered in 2015. 1 March 2018
Insurance
Specialist insurer Beazley has expanded its presence in Canada with the acquisition of specialist managing general agent (MGA) Creechurch Underwriters. 6 February 2017
Insurance
The appointees will develop Swiss Re's financial & professional services underwriting strategy globally. 2 October 2020
News
Bermuda-based Third Point Re made a loss in the first quarter of 2018 as investment income plummeted and underwriting continued producing losses, but CEO Rob Bredahl promised improvements “over time”. 10 May 2018
Insurance
Technology-driven risk solutions provider Sedgwick has named Wayne Cheng its new chief operations officer (COO) for Asia. 17 June 2019
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