02 March 2015
Moody’s has rated Tokio Marine & Nichido Fire Insurance Aa3 for insurance financial strength, making it the only financial institution in Japan to top the country’s sovereign rating of A1…
02 March 2015
Ironshore International has hired industry veteran Hui Yun Boo to be MD Asia-Pacific and Principal Officer based in Singapore…
02 March 2015
Allianz Group has posted a 3.8% rise in net profit to €6.2 billion ($8.9 billion) for last year, as revenue topped €120 billion ($172.7 billion) for the first time…
02 March 2015
US commercial property insurer FM Global has reported a net profit of $US956.4 million ($1.2 billion) for last year, down 6.2% on 2013…
02 March 2015
Xchanging has posted an operating profit of £55.8 million ($110.3 million) for last year, up 21.5% compared with 2013…
02 March 2015
Lloyd’s has appointed former London broker Jin-Yung Sun as its first General Representative for South Korea…
02 March 2015
Tokio Marine & Nichido Fire Insurance has joined forces with South African insurer Hollard to gain a foothold in the African market…
02 March 2015
Specialty insurer Brit has reported a net profit of £139 million ($273 million) for last year, up 39.7% on 2013…
02 March 2015
French trade credit insurer Coface has reported a 1.8% drop in net profit to €125 million ($180.99 million) for last year…
23 February 2015
State Bank of India plans to sell a partial stake in its life and general insurance businesses…
23 February 2015
The insurance marketplace is in a state of flux and companies are preparing to make the most of new opportunities while dodging threats, the annual PricewaterhouseCoopers Global CEO Survey shows.…
23 February 2015
The long-predicted string of reinsurer mergers and acquisitions will do nothing to slow falling premium rates, according to Standard & Poor’s…
23 February 2015
Swiss Re has reported net income of $US3.5 billion ($4.49 billion) for last year, down 20% on 2013…
23 February 2015
Fairfax Financial Holdings of Canada has acquired UK-based global Lloyd’s specialty insurer and reinsurer Brit for $US1.88 billion ($2.41 billion)…
23 February 2015
A flurry of fourth-quarter activity resulted in a record catastrophe bond issuance of $US8 billion ($10.26 billion) last year, according to reinsurance broker Guy Carpenter…
23 February 2015
Tokio Marine Holdings’ net profit increased 42% to ¥214.04 billion ($2.31 billion) in the nine months to December 31, driven by a US-led upturn in global economic growth…
23 February 2015
Aon expects to double its free cashflow from $US1.5 billion ($1.92 billion) in 2012 to more than $US2.3 billion ($2.95 billion) a year by the end of 2017, CEO Greg Case says…
23 February 2015
US commercial property and casualty rates again remained flat overall last month, after a 37-month run of rises ended in December, according to MarketScout…
16 February 2015
AIG’s net profit dropped 17.1% to $US7.53 billion ($9.69 billion) last year, pushed down by debt repayment costs…
16 February 2015
Zurich Insurance Group made an operating profit of $US4.64 billion ($5.99 billion) last year, down 1% from 2013…