News Page 608 / 1001
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- November 28 2019
MS&AD unveils MS Amlin’s revised structure
The group's chief executive Simon Beale will step down at the end of the year.
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- November 28 2019
South Korea’s insurers braced for tough 2020: Fitch
Domestic players are bracing for a challenging 2020, after a fiscally difficult 2019 so far.
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- November 27 2019
Sun Life inks US$75m Vietnam bank deal
Asean president Leo Grepin says the deal with TP Bank will provide access to 2.5m customers.
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- November 27 2019
AIG sells majority of Fortitude Re to Carlyle and Japan’s T&D
The US$1.8bn deal will see the Bermuda-headquartered run-off firm become independent.
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- November 27 2019
Axis pegs Hagibis losses at US$90m to US$110m
The specialist player has around 1% of the market costs of the storm.
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- November 27 2019
IAG’s Phuong Ly to join QBE as chief underwriting officer
Ly is set to join the QBE team in February 2020.
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- November 27 2019
Munich Re promotes Nicolas Carro to Australasia L&H CEO
The reinsurer's Australasia CFO will take up the role in the new year.
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- November 26 2019
Chubb signs off 15.3% further stake purchase of Huatai
The US insurer bought the stake, along with another 7.1% to come later, for a reported US$1.53bn.
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- November 26 2019
Philippines secures two Singapore-listed cat bonds
They will cover US$75m from quake losses and US$150m from tropical cyclones.
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- November 26 2019
Nat cat reinsurance market to reach US$40bn: Swiss Re
The global player is bullish on premium growth despite recent large scale disasters.
