Country: Global Page 59 / 61
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- September 19 2018
Marine premiums rise 2% globally
Despite the increase, there is an increasing mismatch between income levels and covered risk.
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- September 18 2018
Marsh to acquire JLT for US$5.6bn
The deal has been accepted by more than 40% of JLT's shareholders and will close in early 2019.
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- September 18 2018
Insurers brace for bigger ‘silent cyber’ losses
Increased risk perception has highlighted the need for specific cyber coverage.
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- September 14 2018
China Re buys Chaucer for US$950m
China's largest reinsurance group has bought one of the largest insurers at Lloyd's.
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- September 14 2018
China Re going global
The Chinese state-owned reinsurer is buying Lloyd's speciality insurer Chaucer from Hanover for US$950m.
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- September 14 2018
Axa completes acquisition of XL Group
The landmark US$15.3bn acquisition first announced in March has finally crossed the finish line.
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- September 13 2018
Carlyle acquires majority stake in Sedgwick
Carlyle to replace KKR as lead shareholder in US-headquartered claims firm that recently acquired loss adjuster Cunningham Lindsey.
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- September 11 2018
Munich Re says cyber market to double in two years
Companies could be spending up to US$8-US$9bn on cyber policies by 2020 as risks become more complex.
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- September 10 2018
Tokio Marine eyes stake in Hollard Insurance
The 22.5% shareholding in the Johannesburg-based P&C insurer is expected to cost US$327m.
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- September 7 2018
Neal to replace Beale at Lloyd’s
It is understood former QBE global CEO John Neal will be given responsibility for the world's oldest insurance market.
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- September 7 2018
Reinsurers’ return on equity deteriorates in first half
The decrease occurred despite an improvement in net income due to lower natural catastrophe losses.
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- September 7 2018
Anbang looks to sell Dutch insurer Vivat for over US$1.5bn
Two Dutch insurers, Aegon and ASR, have reportedly expressed interest in bidding for the unit.
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- September 6 2018
Strong balance sheets support reinsurance outlook
Sector consolidation through M&A and rising profits are also driving the stable outlook for the sector.
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- September 5 2018
Scor confirms rejection of Covea’s takeover approach
Covea withdraws share offer following Scor’s board rejection.
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- September 4 2018
David Fried joins Preferred Global Health as CEO
The former QBE Asia-Pacific CEO will share his time between the headquarters in Boston and Hong Kong.
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- August 29 2018
Aspen bought by Apollo for US$2.6bn
The proposed deal ends uncertainty over Bermuda-headquartered (re)insurer.
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- August 20 2018
Global losses from disasters down
Of the US$36bn total global economic losses in the first half, US$20bn were covered by insurance.
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- August 17 2018
QBE partners with climate risk specialist Jupiter
The partnership will allow it to take advantage of the ClimateScore data analytics platform.
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- August 13 2018
Zurich beats profit expectations
Income in the first six months of the year rose 19% to US$1.8bn, surprising analysts.
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- August 10 2018
Ping An targets US$50bn+ Pru acquisition
Rumours about the potential acquisition came as a surprise to many, including the Pru.
