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Insurance
US insurers are generally welcoming the corporate tax reform but are cautious against unintended consequences, according to analysts from research firm CreditSights. 8 December 2017
Insurance
Swiss Re chief financial officer David Cole is set to step down on March 31, 2018, and will be succeeded by John Dacey, currently group chief strategy officer. 8 December 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, intends to redomicile its insurance company from the UK to Luxembourg. 8 December 2017
Alternative Risk Transfer
The average performance of cat bonds improved dramatically in October, up 0.35 percent, but the performance of some managers will diverge due to recent losses, the complexities of which also mean loss information is still being gathered by many managers. 7 December 2017
Insurance
Ratings agency AM Best has places credit ratings of US health insurer Aetna and its insurance subsidiaries under review with negative implications following its planned acquisition by US drugstore operator CVS Health Corporation. 7 December 2017
Insurance
App-based insurtech managing general agent (MGA) Wrisk has received full authorisation from the Financial Conduct Authority (FCA). 6 December 2017
Insurance
Swiss Re is acquiring 1.1 million life insurance policies from UK financial service provider Legal & General Group for £650 million. 6 December 2017
Insurance
American International Group (AIG) has appointed Tom Bolt as chief underwriting officer, general insurance. 5 December 2017
Insurance
Hyperion Insurance Group received a $400 million investment from Caisse de dépôt et placement du Québec (CDPQ) which in turn acquired a “significant minority stake” in the group. 5 December 2017
Insurance
Navigators International, an underwriting segment of Navigators Group, has opened a new office in Madrid, Spain and appointed Carlos Peña Kaiser as country manager. 4 December 2017
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