News Page 990 / 1028
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- August 18 2015
Global insured losses fall to half 10-year average
Total global insured losses for the first six months of 2015 dropped to half 10-year average of US$29bn, says Swiss Re.
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- August 17 2015
Oceanwide to launch Chinese reinsurer
The Chinese property conglomerate has announced plan to launch a reinsurance start-up.
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- August 17 2015
Anbang Insurance leads race to buy Novo Banco
Anbang's US$4.45bn bid to acquire Portugal's Novo Banco is likely to be selected by the Bank of Portugal.
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- August 17 2015
Rates of commercial insurance dip globally in Q2
Commercial insurance rates around the world posted a ninth consecutive quarter of decreases in Q2, says Marsh.
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- August 17 2015
Hyundai assessing damage caused by Chinese explosion
South Korea's top carmaker said 4,000 of its vehicles were damaged in the explosion that rocked Tianjin.
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- August 14 2015
Willis acquires Taiwan’s Elite Risk Services
Willis has paid an undisclosed sum for the Taiwanese specialist broker, doubling its presence in the country.
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- August 14 2015
North Korea responds to growing insurance demand
State insurance firm KNIC will soon offer insurance policies to cover fruit farms and mobile phones.
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- August 14 2015
Asean integration to benefit insurers says S&P
A report released by the ratings agency gives an upbeat take on Asean opportunities for insurers.
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- August 14 2015
Allianz posts double-digit Asia growth
Allianz maintained its momentum in Asia during the first half of 2015, posting double-digit revenue growth.
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- August 13 2015
Sumitomo to buy Symetra for US$3.8bn
Sumitomo Life has agreed to pay US$3.8bn to buy Berkshire Hathaway-backed Symetra Financial.