Insurance
-
Ironshore launches Lloyd’s operation in Shanghai as Fosun chairman re-emerges
Ironshore International, the global property and casualty insurance and reinsurance group recently acquired by Chinese investment group Fosun, has announced…
-
ACR considers future of ReTakaful operation following rating move
ACR Capital Holdings (ACR) has revealed that it is working closely with fellow shareholders of ACR ReTakaful Holdings to “map…
-
Malaysia’s first homegrown reinsurance broker gains approval from Lloyd’s
The Labuan International Business and Financial Centre (IBFC) has announced that it is pleased to be home to Malaysia’s first…
-
Cyber and natural catastrophe risks top agenda in Singapore for 2016
Cyber and natural catastrophe risk will be a big focus for the Singapore risk and insurance market in 2016 as…
-
Intangible risks fly up Asia Pacific risk agenda finds AGCS survey
Business interruption (BI), including supply chain disruption, remains the top worry for Asian risk managers according to Allianz Global Corporate…
-
Ratification of TPP will see winners and losers claims credit insurer
If ratified by all members, the Trans-Pacific Trade Partnership (TPP) could boost regional gross domestic product (GDP) by more than…
-
Much work needed by insurers to realise AEC dream
The formal creation of the Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) at the end of last year…
-
Hong Kong market analysis
Hong Kong insurance market faces up to competition & low interest rates, Insurance sector needs to bridge talent gap and…
-
International reinsurers apply for Indian licence despite restrictions
XL Catlin has confirmed that it has applied for a reinsurance licence in India following the publication of new guidelines…
-
Energy insurers needs to fill insurance gaps says Willis Towers Watson
Excess capacity in the energy insurance market should see insurers step-up and find risk transfer solutions to major risks they…
-
Europe intensifies fight against global terror
Europe is stepping up its battle against terrorism with the launch of the European Counter Terrorism Centre (ECTC) and a…
-
Rating agencies react negatively to AIG’s reserve charges and strategic plan
AM Best, S&P and Fitch have all negatively revised their credit outlook for AIG after the insurer this week announced…
-
Chubb announces European leadership team and healthy profits for 2015
The newly-formed Chubb insurance group has named it's leadership team for Europe and announced healthy profits for last year.
-
Zurich lures Greco from Generali
Zurich Insurance Group has poached Mario Greco from Generali and will appoint the Italian as chief executive officer (CEO) on…
-
New FCA CEO signals change of direction for UK regulator
UK financial services regulator, the Financial Conduct Authority (FCA), may now take a more conciliatory approach to supervising its insurance…
-
Willis Towers Watson survey predicts intensified M&A
Mergers and acquisitions (M&A) in the international insurance and reinsurance sector will continue and likely accelerate over the next three…
-
Credit Suisse to transfer operational risks via cat bond-type instrument
Credit Suisse is preparing to market a cat bond-like instrument to investors that would transfer operational risk from its books.
-
All eyes on AIG, again
Corporate risk managers in Europe and the rest of the world will be nervously watching developments at AIG as the…
-
Zurich’s general insurance business to post $100m fourth quarter loss
Zurich Insurance Group expects its general insurance operations to record a business operating loss of around $100m in the fourth…
-
China fears overblown in Europe: S&P
Economists at Standard and Poor's (S&P) are optimistic about the prospects for Europe and the US, despite fears over the…