Tony Dowding
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CRE Insurance
Value of global insurance M&A deals jumps in 2017
The value of completed M&A deals in the global insurance market has rocketed, although fewer deals are being completed. Global…
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CRE Legal Regulation
ICS extended field testing timeline ‘too ambitious’, say insurance associations
The Global Federation of Insurance Associations (GFIA) has said that the International Association of Insurance Supervisors’ (IAIS) timeline for its…
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CRE People Moves
Lex Baugh to oversee AIG’s US and Canada general insurance business
Lex Baugh has been appointed as CEO, North America general insurance, of American International Group (AIG). In this newly-created role,…
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Asia
Multinational companies multiply in Asia-Pacific
Multinational companies are growing in number and the international mobility of their employees is increasing even more rapidly. According to…
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CRE Insurance
UK Chancellor urged to end repeated IPT increases by ABI
The Association of British Insurers (ABI) has urged the UK Chancellor Philip Hammond to end the repeated increases in Insurance…
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CRE Insurance
Chubb appoints head of global services and complex multinational for UK and Ireland
Barry Beard has been appointed as head of global services and complex multinational, UK and Ireland. In the newly-created role,…
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CRE Insurance
The pros and cons of compulsory insurance
The insurance industry is usually in favour of compulsory insurance – for obvious reasons. But it’s not always the case.…
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Captives
AGCS in groundbreaking captive blockchain trial
Blockchain technology for a global captive insurance programme, including cash transfer between countries, has been successfully trialled by Allianz Global…
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Global Risk Manager
Orient Insurance to offer Allianz group health plans in Dubai
Dubai-based Orient Insurance Co is to sell and underwrite international healthcare plans designed by Allianz Partners. The Dubai Health Authority-compliant…
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AIG
Political risk: Insights for your firm
Today, as many businesses wonder how to thrive amid political uncertainty, companies with experience in emerging markets can offer insights…
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CRE Insurance
IAIS progresses down path of ICS convergence
The International Association of Insurance Supervisors (IAIS) has announced what it calls “a unified path to convergence of group capital…
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CRE Insurance
Greek Pension Fund contribution reintroduced
Greece has reintroduced the TEAAPAE (Greek Pension Fund) contribution, which was abolished in 2014, according to insurance premium tax compliance…
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Africa
Protectionism picks up across EMEA economies – report
Globalisation has come to a grinding halt in many EMEA insurance and reinsurance markets, with the rise of populist and…
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Asia
RBC regulation intensifies across Asia-Pacific region
Asia Pacific countries are moving ahead with new risk-based capital (RBC) regulatory frameworks, according to Aon Benfield, which has just…
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CRE Insurance
AIG appoints CEO international general insurance, and chairman of AIG Risk Management
American International Group (AIG) has appointed Chris Townsend as chief executive officer, international general insurance. He will lead the international…
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CRE Insurance
Allianz Worldwide Care announces company rebrand
Allianz Worldwide Care has changed its name to Allianz Partners and its international health and life insurance products and services…
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Asia
GFIA highlights increasingly protectionist environment
The annual report of the Global Federation of Insurance Associations (GFIA) has highlighted that an increasingly protectionist environment threatens open…
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CRE Legal Regulation
S&P: How insurance ratings are affected by sovereign stress
Sovereign downgrades can put pressure on insurer ratings, but insurers’ sensitivity to sovereign stress depends on their asset base and…
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Asia
Toa Re forms Special Purpose Arrangement at Lloyd’s to support expansion
The Lloyd’s Franchise Board has given ‘in principle’ approval for the Toa Reinsurance Company and Barbican Insurance Group to establish…
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CRE Insurance
UK’s PRA proposals on Solvency II improvements
The UK’s Prudential Regulation Authority (PRA) has published a consultation paper on reform to the implementation of Solvency II as…