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China to put Anbang Insurance assets into new entity: report

The new Dajia Insurance Group has 20.4bn yuan ($3bn) in initial capital, with the China Insurance Security Fund taking a majority stake.

Anna Sagar, 01 July 2019
BIS sets up central bank innovation hub

Centres will be established in Switzerland, Hong Kong and Singapore, with plans to expand across the Americas and Europe.

Anna Sagar, 01 July 2019
PPL’s Masojada sees 50% Q2 electronic placement target in reach

The Hiscox CEO was speaking on the third anniversary of the foundation of electronic trading platform PPL.

Samuel Casey, 01 July 2019
UK MGAs bullish on capacity supply despite fears of ‘bubble’ burst

In a Clyde & Co survey of MGAs, 61 percent said they would seek more capacity over the coming year.

Catrin Shi, 01 July 2019
H1 valuations review: Investors bet on quality (but not a rising tide) as P&C valuations hit highest since 2007

The P&C industry P/B multiple increased to 1.41x, the highest level since 2007.

Dan Lukpanov, 01 July 2019
Great Midwest Insurance Company financial strength rating downgraded

The carrier's financial strength rating was removed from under review with developing implications by AM Best.

Christie Smythe, 29 June 2019
Integrand litigation put on hold during delinquency 'breathing spell'

The Puerto Rican insurer is battling reinsurers in federal court over coverage for hurricanes Irma and Maria.

Christie Smythe, 29 June 2019
Proposed California disaster insurance bill takes major step forward

The bill would allow California to buy a dedicated insurance policy to support the costs of dealing with disasters.

Christopher Munro, 28 June 2019
Bernal rejoins RT as VP of property

He returns to RT from Hiscox, where he was an AVP of property.

Laura Sanicola, 28 June 2019
S&P says Brexit ‘base case’ points away from no deal

The ratings agency warns a no-deal break could pose ratings risks for UK insurers.

Samuel Casey, 28 June 2019

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