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- July 3 2019
Chubb places 30% revenue cap on coal risks
The US-headquartered global insurer is joining a growing trend in the market.
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- July 3 2019
Tokio Marine snaps up IAG underwriting agency
Tokio Marine Management (Australasia) now employs 140 staff in the region.
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- July 3 2019
Fosun acquires majority of ILS player Tenax Capital
The Chinese conglomerate has bought London-headquartered asset manager Tenax Capital.
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- July 2 2019
Willis Towers Watson exec to join BGC’s aviation broker
Philip Smaje to become chief executive at the new venture.
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- July 2 2019
Global reinsurance prices improving, says Willis Re
The broker's latest report suggests an upside to the latest renewal season.
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- July 1 2019
Thailand’s SCB agrees life sale to FWD for US$3bn
Acquisition of Siam Commercial Bank's life operations has been announced.
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- July 1 2019
Korean capital rule is on schedule
Grace period will help South Korea's insurers meet more capital requirements.
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- July 1 2019
Vietnam steps up professionalism
P&C competency framework should help raise professional standards in the country.
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- June 28 2019
IASB publishes IFRS 17 changes
International Accounting Standards Board is looking for feedback on proposed changes to IFRS 17 contracts.
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- June 27 2019
IBNA’s brokers to move to Steadfast
The unification of the two rival broker networks will be a surprise to many.
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- June 27 2019
Zurich makes carbon and coal pledge
Global insurer to reduce capacity for companies involved with coal.
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- June 27 2019
Swiss Re joins international mutual federation
The reinsurer said it can bring fresh perspectives to the group.
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- June 26 2019
FWD in talks with MetLife Hong Kong: report
Neither insurer has commented on the speculation which could see FWD grow quickly in the SAR.
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- June 26 2019
Australia’s construction market threatened by PI retreat
Surveyors may not be able to meet legal requirements after insurers withdraw cover.
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- June 26 2019
AIA changes leaders in Indonesia and Malaysia
Sainthan Satyamoorthy to replace Ben Ng in Indonesia as both are promoted.
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- June 25 2019
Six PE firms compete for IAG’s SBI stake
A 26% stake in India's SBI General Insurance is up for sale.
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- June 25 2019
Sompo Japan to cut workforce by 4,000
The cuts over the next two years come after a challenging 12 months for Japan's P&C firms.
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- June 24 2019
AIG pulls HNW cover in New Zealand
The insurer has decided to stop all high-net-worth coverage from the end of next month.
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- June 24 2019
Heavyweights join Lloyd’s global advisory board
A host of chief executives are being asked to help shape the market.
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- June 24 2019
New Zealand oil drilling cover could rocket
Analysis suggests an oil spill in the Taranaki basin could cost as much as NZ$926m (US$610.4m).
