News Page 969 / 1106
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- September 21 2016
Lloyd’s seeks reinsurance licence in Malaysia
Chairman John Nelson is hopeful that Bank Negara Malaysia will approve the application by November.
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- September 21 2016
Global marine insurance premiums down
Global underwriting premiums dropped 10.5% in 2015 to US$29.9 billion, says marine insurance union.
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- September 20 2016
Indian insurer’s ‘foreign’ executive told to step down
Universal Sompo General Insurance has acted to comply with FDI rules calling for local management control.
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- September 20 2016
Chinese online insurance growing rapidly
Total premium income for online insurance reached US$21.37 billion during the first half of 2016.
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- September 19 2016
XL Catlin set to acquire Brooklyn IT
Brooklyn is a market-leading underwriting agency in Australia and a Lloyd's approved coverholder, serving brokers across the country.
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- September 19 2016
Spike in insurance M&A to continue this year and next
Mergers and acquisitions became widespread across the industry in 2015 and the spike will probably continue in 2016-2017.
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- September 16 2016
Super-typhoon Meranti to cause medium-high losses in China
Estimated winds of 180mph has potential to cause great damage says Aon Benfield.
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- September 16 2016
Vice-chairman Zhou Yanli loses post at CIRC
State Council announces major reshuffle of senior officials.
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- September 15 2016
Chubb opens Guangdong branch
The new branch is licensed to provide commercial property and casualty and personal lines products and services.
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- September 15 2016
Chaoyang Life to be put up for tender
Six Taiwanese financial holdings and insurance entities are now reportedly interested in launching a takeover bid.
