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Genworth and China Oceanwide ‘still committed’ to takeover

Genworth and China Oceanwide have said they remain committed to their proposed $2.7bn takeover deal amid ongoing discussions with US foreign investment regulators.

Catrin Shi, 05 January 2018
Lim promoted at Axis’s Singapore branch

Nicole Lim has been promoted to deputy chief underwriting officer for Axis Insurance International's team in Singapore, effectively taking over the day-to-day running of the unit.

Charlie Thomas, 05 January 2018
California urged to regulate wildfire risk models

The California Department of Insurance has outlined proposals to regulate wildfire property risk models used by insurers to establish the viability of covering properties within certain high-risk zones.

Ted Bunker, 05 January 2018
RSG expands in New York with Kerwick & Curran purchase

Ryan Specialty Group has agreed to purchase national wholesale broker Kerwick & Curran (K&C) to expand its presence in the New York metropolitan area as part of its R-T Specialty unit.

John Hewitt Jones, 04 January 2018
PartnerRe moves Goldie to lead P&C

PartnerRe today named Charles Goldie as CEO of P&C following the retirement of Tad Walker.

Ted Bunker, 04 January 2018
Oak HC/FT leads $11.5mn Clara funding round

InsurTech firm Clara Analytics has secured $11.5mn in a series A investment round led by venture fund Oak HC/FT, as the start-up looks to build out its AI solutions to tackle claims leakage in the commercial insurance market.

David Bull, 04 January 2018
Allstate hands president role to CEO as Winter retires

Allstate chairman and CEO Thomas Wilson will take on the additional role of president following the retirement of Matthew Winter.

Catrin Shi, 04 January 2018
Beazley makes new US marine appointment

Beazley has hired John Moy from the Water Quality Syndicate (WQS) to bolster its recently launched US marine platform

John Hewitt Jones, 04 January 2018
Munich Re puts 2017 insured cat losses at $135bn

Insured natural catastrophe losses reached $135bn in 2017, the highest annual level on record, according to Munich Re

Bernard Goyder, 04 January 2018
Korean Re ‘planning Zurich office in 2019’

Korean Re is planning to set up a local branch in Switzerland, according to local media

Charlie Thomas, 04 January 2018

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