Life
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The Insurance Collaboration to Save Lives is seeking life insurers to join an effort to deploy proactive health screening to reduce excess mortality.
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Prior to securing the top A&H job, Andrew Maynard was global product lead for wholesale life and A&H.
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The Berkshire Hathaway-owned carrier is looking to make “major contributions” to the region.
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The transaction will near-double the size of Chubb’s A&H book and increase its Asia premium from $4bn to $7bn.
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The executive has worked for Ergo, Direct Line and Generali.
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The deal, pitched at a multiple of 12.2x 2019 earnings, follows disposal agreements for Axa in the Gulf, central and eastern Europe and India.
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The investor wants the Finnish insurer to build on this week’s sell-down of Nordea Bank shares with further divestments.
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Carriers expect only marginal gains and remain concerned that the UK overhaul will jeopardise equivalence.
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The Japanese reinsurer already offers P&C cover out of its Zurich subsidiary.
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The carrier is undergoing a strategic review of its business operations under new CEO Amanda Blanc.
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The German carrier and the Apollo-backed life insurer team up for a bid which could be worth an estimated $2.3bn-$3.5bn.
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Swiss Re, ReAssure’s previous majority holder, now holds a 13.3% stake in the listed buyer.
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The reinsurer will disband its life capital unit, making digital platform iptiQ standalone, as the unit's chief moves to the CUO role.
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Citigroup and RBC note the reinsurer’s strong solvency position.
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Reserve strengthening across the unit housing Antares pushes the underwriting ratio further into the red.
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The World Bank's pandemic insurance bond covers the virus, and is designed to trigger if deaths impact multiple nations.
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The City veteran says CEO Tulloch’s boardroom “refreshment” means it’s time for a new chairman.
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Regulators need time to approve new information following the sale of Genworth MI Canada.
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The deal includes Security Life of Denver and Midwestern United.
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The cash-and-stock transaction values the closed life group at the top end of the range implied in an abortive IPO.
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The former UK life sciences manager replaces Karen Strong, who has left the business.
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Jenny Yu, who was at the German reinsurer for nine years, will join the broker in January.
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The Sigma report said the expansion will be led by China.
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The executive took over the finance role from Tom Stoddard in July.
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