Country: Global Page 64 / 65
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- July 27 2018
Tough times as Qatar Re quits Singapore
The Bermuda-based reinsurer is hurting after nat cat losses, forced reserve increases and a diplomatic spat in the Gulf.
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- July 27 2018
Chubb reports 6% profit bump
CEO Evan Greenberg is positive on rates as the company reports US$1.25bn for the second quarter of 2018.
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- July 27 2018
Losses from disasters significantly down in first half of 2018
Insurance payouts are estimated at US$21bn, 64% lower than the 10-year average of US$124bn.
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- July 24 2018
Zurich buys Blue Insurance
The US$59m acquisition involves the travel insurance intermediary's operations in the UK and Ireland.
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- July 20 2018
US tariffs could drive up cost of insurance
The US government’s trade war with China and the EU could drive up the cost of auto repairs.
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- July 19 2018
Munich Re appoints new CFO
CFO of Ergo Group Christoph Jurecka is set to replace Joerg Schneider, who is leaving the company to retire.
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- July 17 2018
Nippon Life drops global coal finance from its portfolio
The Japanese insurer has chosen to restrict new investment into coal plant projects.
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- July 11 2018
Blockchain in insurance sector to hit US$1.4bn by 2023
The size of the market is expected to grow at close to 85% a year, according to new research.
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- July 5 2018
Zurich extends flood resilience alliance until 2023
The multi-sector alliance aims to generate US$1bn in additional funding for flood resilience.
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- July 4 2018
Israeli insurer Phoenix calls off deal with China’s Sirius
The cancellation of the deal came after the Chinese insurer failed to secure regulatory approval.
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- July 2 2018
Beale to exit Lloyd’s
Lloyd’s on hunt for CEO following Inga Beale’s decision to depart.
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- June 29 2018
Manulife to free capital by offloading businesses
Over the next three years the company is planning to free up US$5.1bn partly through the sale of some of its businesses.
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- June 29 2018
Digital insurance platform market to grow 13.7% a year
Fuelling the growth will be the internet of things, as well as the shift of insurers' focus to customer-centric strategies.
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- June 15 2018
Fed hike offers mixed blessing
Rising rates benefit dollar bond investors in the long run but signal growing policy divergence in Asia.
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- June 15 2018
ING, Axa sign partnership
The two institutions have forged a bancassurance partnership, initially covering parts of Europe and Australia.
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- March 2 2018
Is the end nigh for retakaful?
The small and fragmented market is struggling to compete with competition from conventional players.
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- January 20 2017
Japanese insurers join rush to enter Iran
More than 140 foreign insurance and reinsurance companies are in talks with the Iranian regulator.
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- October 6 2016
Qatar Re gets licence for Singapore branch
The Monetary Authority of Singapore recently gave the Qatari reinsurer the green light.
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- February 23 2016
QIC raises capital after record premiums
Key drivers of growth included reinsurance premiums, which now account for 50% of the group's total premium income.
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- February 22 2016
Insurance regulators in India and UAE ink bilateral pact
The agreement provides for sharing of insurance information amid interest from many other countries in India.
