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Insurance
The magnitude 7.1 earthquake that struck near Mexico City on Sept. 19 afternoon has caused major damage, according to a Sept. 20 AM Best report. 21 September 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) has added construction insurance to its portal enabling brokers to quote and bind risks online. 11 May 2017
Insurance
Property/casualty insurer Chubb has appointed Titus Samuel as the new head of power and utilities for Asia. 12 April 2017
Insurance
Asia offers great growth opportunities for insurers but Hong Kong as a re/insurance hub has been losing market share lately to other jurisdictions, particularly to Singapore. The former British colony will no longer be complacent and is implementing an action plan. 17 August 2017
News
Mergers and acquisitions (M&A) in the global insurance industry rose in the first half of 2018 with 186 completed deals worldwide, up from 180 in the second half of 2017, according to Clyde & Co’s Insurance Growth Report mid-year update. 1 August 2018
Insurance
After consolidating and streamlining the business on the back of the merger of Willis Group Holdings and Towers Watson, Willis Towers Watson is again getting ready for merger & acquisitions (M&As), CEO John Haley said during the first quarter results conference. 9 May 2018
Insurance
UK-based Folgate Insurance Company has received approval from the Prudential Regulation Authority (PRA) to once again start writing primary insurance and reinsurance business. 27 June 2018
Insurance
Bermuda-based reinsurer Maiden Holdings has reported a significant increase in net losses for the third quarter of 2018 as adverse prior year loss development worsened in the AmTrust reinsurance segment. 12 November 2018
Insurance
Australia and New Zealand Banking Group (ANZ) has finalised a reinsurance arrangement with Zurich and has received around $1 billion of reinsurance proceeds. 8 May 2018
Insurance
US-based property/casualty insurer The Hartford has entered into a renewal rights agreement with the Farmers Exchanges to acquire its Foremost-branded small commercial business sold through independent agents. 20 February 2018
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