News Page 760 / 1047
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- September 11 2018
Typhoon Jebi losses could reach US$4.5bn
The typhoon Jebi, which made landfall on September 4, was the strongest to hit Japan in 25 years.
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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 10 2018
Monsoon rain damage in India tops US$4bn
The direct damage and business interruption costs of the heavy rains in Kerala are still being assessed.
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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
Lockton appoints Asia employee benefits leader
Rachael Tay will lead a team of 40 staff across China, Hong Kong and Singapore.
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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
KKR, Temasek join bid for SBI General Insurance stake
The 4% stake sale is part of the pre-offer valuation exercise of the Indian insurer before its planned IPO.
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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.
