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Insurance
Asia’s mergers & acquisitions (M&A) market is a “very hotly contested area” and this is driving prices up, Aviva Asia chief strategy officer Alex Kimura, told AM Best. 13 March 2018
Insurance
Following the publication of the International Association of Insurance Supervisors consultation of the Insurance Capital Standard, the deputy director general of Insurance Europe, Olav Jones, has made comment. 19 July 2016
Insurance
Insurance broker and risk management firm Marsh has collaborated with professional liability specialist Validus Specialty to launch a new financial and professional insurance solution designed to manage US-based fintech companies’ growing risks. 4 May 2018
Insurance
Assured Guaranty US Holdings, a subsidiary of financial guaranty insurance company Assured Guaranty, has completed the acquisition of alternative asset management firm BlueMountain Capital Management. 2 October 2019
Insurance
RSA has hired Martin Rueegg from AXA to be its new chief executive (CEO) of the Middle East and UAE, replacing Lloyd East who will move to RSA’s Canadian operation Johnson to become vice president of strategic operations and chief operating officer (COO). Rueegg will take up his new post in September. 22 July 2019
Insurance
Tens of thousands of homes are without power and sea water is sloshing through coastal streets as hurricane Florence begins lashing the US East Coast, according to a BBC News Sept. 15 report. 14 September 2018
Insurance
The number of securities class action lawsuits has more than doubled in the past four years, but according to insurer Chubb, the beneficiaries of the payouts are not “harmed investors” but instead its lawyers bringing cases of “dubious merit”. 11 June 2019
Alternative Risk Transfer
Re/insurer XL Catlin has announced that it is extending its structured risk solutions underwriting capabilities to the US with the addition of Aiden Joo as senior underwriter in New York. 5 June 2017
Alternative Risk Transfer
Re/insurer QBE North America, part of QBE Insurance Group, has formed a strategic programme alliance with AmWINS Special Risk Underwriters (SRU) to launch a national excess property programme. 5 June 2017
Insurance
Specialist insurer Life Company Consolidation Group (LCCG) has agreed to acquire UK's mutual life insurer Equitable Life. The transaction is expected to complete towards the end of 2019. 18 June 2018
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