News Page 963 / 1316
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- July 4 2019
Plans to offer more shares in New India and GIC Re
Share sales should help bring the two firms in line with Securities and Exchange Board of India rules.
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- July 3 2019
AGCS appoints Pacific CEO
Allianz Global Corporate & Specialty has promoted James Stack as it exits long tail business in Australia and New Zealand portfolios.
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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
Sumitomo Life buys 25% stake in Singapore Life
The US$90m investment should help the Singapore-based insurer expand abroad.
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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.
