Life
-
The Insurance Collaboration to Save Lives is seeking life insurers to join an effort to deploy proactive health screening to reduce excess mortality.
-
Prior to securing the top A&H job, Andrew Maynard was global product lead for wholesale life and A&H.
-
The Berkshire Hathaway-owned carrier is looking to make “major contributions” to the region.
-
The transaction will near-double the size of Chubb’s A&H book and increase its Asia premium from $4bn to $7bn.
-
The executive has worked for Ergo, Direct Line and Generali.
-
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.
-
The investor wants the Finnish insurer to build on this week’s sell-down of Nordea Bank shares with further divestments.
-
Carriers expect only marginal gains and remain concerned that the UK overhaul will jeopardise equivalence.
-
The Japanese reinsurer already offers P&C cover out of its Zurich subsidiary.
-
The carrier is undergoing a strategic review of its business operations under new CEO Amanda Blanc.
-
The German carrier and the Apollo-backed life insurer team up for a bid which could be worth an estimated $2.3bn-$3.5bn.
-
Swiss Re, ReAssure’s previous majority holder, now holds a 13.3% stake in the listed buyer.
-
The reinsurer will disband its life capital unit, making digital platform iptiQ standalone, as the unit's chief moves to the CUO role.
-
Citigroup and RBC note the reinsurer’s strong solvency position.
-
Reserve strengthening across the unit housing Antares pushes the underwriting ratio further into the red.
-
The World Bank's pandemic insurance bond covers the virus, and is designed to trigger if deaths impact multiple nations.
-
The City veteran says CEO Tulloch’s boardroom “refreshment” means it’s time for a new chairman.
-
Regulators need time to approve new information following the sale of Genworth MI Canada.
-
The deal includes Security Life of Denver and Midwestern United.
-
The cash-and-stock transaction values the closed life group at the top end of the range implied in an abortive IPO.
-
The former UK life sciences manager replaces Karen Strong, who has left the business.
-
Jenny Yu, who was at the German reinsurer for nine years, will join the broker in January.
-
The Sigma report said the expansion will be led by China.
-
The executive took over the finance role from Tom Stoddard in July.
-
Singaporean and Vietnamese businesses are reportedly in scope for disposal.
-
The state-established company will take control of the P&C, life, pension and asset management operations.
-
The business is likely to be valued at around $500mn, according to market sources.
-
Practice group chairman Roger Smith says the unit will help the broker respond to clients’ needs strategically.
-
The development follows Aviva’s review of its Asian life, general and health insurance unit.
-
The acquisition from Quilter will add £12bn in assets to ReAssure’s platform.
-
The CFO tells analysts the US MidCorp business will come under particular scrutiny.
-
The UK’s Aviva is considering putting its Asian division up for sale, the Business Times of Singapore reported.
-
The exercise of the over-allotment option follows the sale of $834mn of shares in June.
-
The latest Sigma report said premium growth is shifting east to Asia, while the US remains the largest market.
-
The closed life insurance unit will be floated on the LSE’s main market.
-
Along with co-investor MS&AD, the reinsurer will increase the unit’s capital by more than $610mn ahead of listing.
-
The French insurer holds just over 48 percent of New York-listed Axa Equitable Holdings.
-
The acquisition takes Zurich’s share of the Australian retail life market to around 20 percent.
-
An arbitrator ruled the buyout firm is owed $1.2mn for ex-employees’ use of confidential information.
-
The executive becomes UK and Ireland leader for P&C and life within the broker’s insurance consulting and technology operation.
-
The money will be put to work to back Athene, Athora and Catalina.
-
With two consecutive years of heavy catastrophe losses, it’s clear why Swiss Re won’t throw caution to the wind – even though the days when it went cap in hand to Warren Buffett are long gone.
-
Axa is set to cut its stake in US life subsidiary Axa Equitable Holdings to under 50 percent.
-
The German carrier’s deal with Bulgaria’s Euroins follows an agreement to divest Russian operations.
-
The broker joins the special contingency risks unit
-
Axa XL was in the headlines yesterday for making up to 7.5 percent of its workforce redundant.
-
Herbie Lloyd and Andrea Cavalleri have been named co-CIOs for non-life and life business respectively.
-
The Brazilian unit of AGCS and the London market has exposure to the loss, sources said.
-
The system will cut claims handling times by 30 minutes.
-
Cardiff City FC has a £16mn personal accident policy which would cover the missing footballer Emiliano Sala.
-
Brian Shea has transferred to the international reinsurance team from its securities business.
-
-
Vasudeva has a remit to simplify Axa’s operations in the British Isles.
-
The carrier has signed a deal with a unit of Groupama and the local government.
-
Sometimes corporate announcements look so futuristic that one suspects the planned move is never going to happen.
-
Colin Forrest replaces Frank Schepers as head of the division.
-
News of the bid interest comes as Swiss Re prepares the $4.5bn business for an IPO.
-
The Japanese carrier increases its stake to 25 percent as its Zurich peer explores an IPO for the closed life vehicle.
-
Liberty Luxembourg is lined up to lead the vehicle, which will target SMEs in Europe and the US.
-
‘Zombie storm’ expected to bring heavy rain and flooding to northern Australia.