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Insurance
Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has obtained formal authorisation from the local insurance authorities to operate as an insurer in Mexico. The company was registered as a 'foreign reinsurer' in Mexico since 2014. 2 March 2018
Insurance
The average US commercial property/casualty premium rates increased for the first time in three years, according to the fourth quarter 2017 Commercial Property/Casualty Market Index Survey by the Council of Insurance Agents & Brokers. 2 March 2018
Insurance
Stone Point Capital, the Karfunkel Family, and the CEO of AmTrust Financial Services are acquiring the insurer in a transaction valued at approximately $2.7 billion. 1 March 2018
Insurance
American International Group (AIG) has appointed Naohiro Mouri as executive vice president and chief auditor, and Donna DeMaio as global chief operating officer, general insurance. 1 March 2018
Insurance
Validus Specialty Underwriting Services has launched a new policy tailored for private US fintech companies. 1 March 2018
Insurance
Re/insurer XL Catlin has appointed Elie Hanna as head of central broker management. 1 March 2018
News
Australia’s terrorism insurance scheme administrator, Australian Reinsurance Pool Corporation, has increased the private participation in retrocession reinsurance cover at renewals for 2018. 1 March 2018
Insurance
Azur, a managing digital agent (MDA) specialising in the UK’s high net worth insurance market, has launched a new insurance product designed for car collectors. 1 March 2018
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
The performance of Maiden’s AmTrust Reinsurance segment deteriorated in the fourth quarter 2017 and full year, impacting Maiden’s financial performance. 28 February 2018
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