Country: United States Page 3 / 4
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- June 1 2023
Opinion: Florida’s return to orderly renewals a welcome sign for APAC
Prospects of 30-40% rate hikes tempt reinsurers back to a normalised attitude towards the assumption of nat cat risk as 1.6 draws to a close.
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- April 24 2023
QBE appoints Serene Davis as global head of cyber
Davis was previously with Beazley as regional manager of the West and head of the Los Angeles office.
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- April 20 2023
BOC Aviation awarded US$400m by US court for planes stranded in Russia: report
The aircraft lessor said AirBridgeCargo went into default after being unable to maintain required reinsurance coverage.
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- January 11 2023
QBE appoints Julie Wood as group head for distribution
Wood, who comes from Marsh, will also join the Australian insurer’s group executive committee.
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- September 6 2022
Rising litigation funding drives higher claims costs in Australia
Social inflation remains far harder to predict than economic inflation.
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- September 1 2022
Exclusive: AMTD Digital’s claims of Singapore insurer license bid unfounded
IAN understands that contrary to AMTD's US regulatory filing the Singapore regulator hasn't received any formal application from the proposed composite Applaud.
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- March 14 2022
Chinese insurers face US delisting
China Life among firms that could be kicked off US stock exchanges amid audit dispute.
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- December 28 2021
Tokio Marine sees NPW rise as rates harden
Domestic NPW at Japan's largest P&C player increased by 3.2% in H1 2021 while overseas premiums increased by 8.9%.
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- November 17 2021
AM RE’s Barder sees ‘significant tailwinds’ for 2022 pricing
The US reinsurance intermediary's chief executive says global cat losses have contributed to a lack of capacity.
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- October 14 2021
Fusion appoints Gallagher exec as a managing partner
Katherine Simmonds joins the specialist MGA in Sydney.
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- October 12 2021
Cigna APAC deal gives Chubb Korean A&H boost: AM Best
Asia-Pacific to account for 20% of global operations once the acquisition closes.
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- September 28 2021
MS Amlin acquisitions doubles MS&AD’s overseas business
The (re)insurer posted a US$380m underwriting loss due to Covid-related BI and event cancellation claims.
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- August 19 2021
Miller appoints Asia strategic development head from WTW
Industry veteran Ron Whyte to join the specialist (re)insurance broker in Singapore in September.
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- August 16 2021
Gallagher’s US$3.25bn Willis Re deal now includes China and Hong Kong, says CEO
The US broker will take on about 2,200 Willis Re reinsurance staff across the globe.
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- July 30 2021
Gallagher to continue tuck-in mergers after Willis Re deal collapses
The broker completed eight deals in Q2 2021 including Mutual Brokers in Canberra.
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- July 30 2021
Insurtech fund-raising hits US$7.4bn in H1 2021
WTW report shows the first half of the year has surpassed 2020's total of US$7.1bn.
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- July 26 2021
Aon to pay Willis Towers Watson US$1bn break fee as merger abandoned
Aon's CEO Greg Case cites "impasse" with US DoJ as antitrust trial loomed.
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- July 22 2021
Japan’s MS&AD makes second investment in US insurtech Next
The group is looking to gain insights into the Silicon Valley company's digital SME strategy.
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- July 13 2021
Aon/WTW: EU approval highlights painful path to US clearance
Extensive divestments may need to be replicated across the pond to appease the DoJ.
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- June 22 2021
Aon/WTW falls foul of antitrust’s golden rule
US competition watchdogs will always be wary of any "Big Three" merger.
