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Insurance
AFL Insurance Brokers (AFL) is expanding its surety and trade credit capabilities with the appointment of Nathalie Gordon as director of surety. 2 November 2017
Insurance
The acting chief executive of Asia Capital Re (ACR) has confirmed that the company has made a joint decision with Shenzhen Qianhai Financial Holdings and Shenzhen Investment Holdings to terminate its $1 billion sale—but he stressed that it is business as normal for the reinsurer. 1 November 2017
Insurance
The development of collaborative open architecture platforms in the insurtech space has the potential to offer insurers huge growth—and the maturity of this concept is ahead of the game in Asia, Paul Mang, global CEO of analytics at Aon and Aon Benfield, told SIRC Today. 1 November 2017
Insurance
Singapore has one of the most developed fintech landscapes in the world and a growing insurtech scene, which Insurance Australia Group (IAG) aims to help develop through its insurtech startup, Firemark Labs, James Orchard, executive general manager of innovation at IAG, told SIRC Today. 1 November 2017
Insurance
There is a strong push back against globalisation in some parts of the world, which creates challenges for reinsurers—but also potential opportunities in the future. 1 November 2017
Insurance
Sri Lankan non-life insurers should be able to absorb near-term volatility and the effects of adverse weather-related events given their extensive use of reinsurance, Fitch Ratings said in a report called Reinsurance Keeps Sri Lankan Insurers Afloat Amid Floods. 1 November 2017
Insurance
Property/casualty insurer Accredited Surety and Casualty Company (ASC), a subsidiary of Randall & Quilter (R&Q), has stricken an agreement with Forestry Insurance Company for its commercial auto liability business in South Carolina and Georgia. 1 November 2017
Insurance
Bermuda-based Fidelis Insurance said that it has launched its first managing general agent (MGA), Radius, which will focus on niche specialty treaty excess of loss business such as cyber, nuclear and PA Retro. 1 November 2017
Insurance
Allianz Global Corporate & Specialty (AGCS) is considering establishing a branch in India as it attempts to manage the growing trend in Asia of protectionist regulatory measures that favour local reinsurers, Mark Mitchell, regional chief executive officer for Asia at AGCS, told SIRC Today. 31 October 2017
Insurance
If the London Market is to enjoy overseas growth post-Brexit, its regulator will need to adopt a new approach, Peter Allen, partner in the insurance division at accountancy and consultancy firm Moore Stephens, told SIRC Today. 31 October 2017
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