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Profits tumble at China Taiping in H1

Profits before tax at China Taiping fell by 17.5 percent to HK$5bn ($640mn) in the first half of the year as P&C earnings on mainland China plunged.

Bernard Goyder, 24 August 2017
Ranger leaves Munich Re Syndicate Singapore

Jonathan Ranger has resigned from his position as CEO of Munich Re Syndicate Singapore after more than 15 years in the role, The Insurance Insider understands.

Charlie Thomas, 24 August 2017
Vanderson exits Ascot Singapore

Ascot Underwriting's chief underwriter and principal officer in Singapore, Lee Vanderson, has resigned from the business, The Insurance Insider can reveal.

Charlie Thomas, 24 August 2017
Fairfax takes 25% QS as part of MSI-First Capital deal

Canadian conglomerate Fairfax Financial will retain a 25 percent quota share on First Capital's existing and future business as part of its agreement to sell it to Mitsui Sumitomo Insurance (MSI), president and CEO Prem Watsa confirmed today

Charlie Thomas, 24 August 2017
Novae closes US D&F operations in Bermuda

Novae has decided to shutter its US direct and facultative (D&F) (re)insurance operations in Bermuda, The Insurance Insider can reveal

Catrin Shi, 24 August 2017
Texas on track for first hurricane strike since 2008

Tropical Storm Harvey is expected to strengthen into a hurricane by the time it approaches Texas on Friday (25 August), which would be the state's first hurricane strike since 2008

Fiona Robertson, 24 August 2017
JLT Re names Americas strategic advisory head

JLT Re has appointed Nick Dranchak to head of strategic advisory for the Americas, it announced today

Catrin Shi, 24 August 2017
Mitsui returns to major M&A with $1.6bn First Capital buy

Mitsui Sumitomo has re-entered the large-scale P&C M&A fray with a 3.3x book value agreement to buy Singapore's First Capital

Laura Board, 24 August 2017
Hurricane losses would expose Lloyd’s returns: Peel Hunt

As Tropical Storm Harvey heads towards the Texas Coast, Peel Hunt analysts have warned that even a series of modest hurricane losses would highlight the low double-digit returns at Lloyd's insurers

Charlie Thomas, 24 August 2017
Hato strikes southern China

Typhoon Hato has hit Macau and southern China at a strength of Category 2, leaving at least 12 dead

Catrin Shi, 24 August 2017

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