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ABI warned government about flammable cladding

The Association of British Insurers (ABI) said it warned the UK government as recently as May about the risk of fire being spread by external cladding made from combustible material

Laura Board, 26 June 2017
Opinion: Motor mood music

The Queen's Speech last Wednesday (21 June) rekindled optimism among bruised (re)insurers that reforms to cut spiralling compensation costs are in reach

Laura Board, 26 June 2017
CIRC tightens company launch regulations

The Chinese regulator has strengthened its oversight of newly formed (re)insurers in the latest example of stricter controls over the industry.

Matthew Neill, 26 June 2017
Allianz sells Oldenburgische bank stake ‘at loss’

Allianz has sold its 90.2 percent stake in German regional bank Oldenburgische Landesbank AG (OLB) to Bremer Kreditbank AG for EUR300mn ($335.7mn).

Matthew Neill, 26 June 2017
Anthem agrees to largest ever data breach settlement

Anthem has agreed to a $115mn settlement of a class action lawsuit related to the 2015 cyber attack that saw almost 80 million people have their records stolen from the US health insurer.

Dan Ascher, 24 June 2017
AF Group hires Halter for program push

AF Group has hired Eric Halter to lead a new fronting operation focusing on the P&C program space.

David Bull, 24 June 2017
Anthem agrees to largest ever data breach settlement

Anthem has agreed to a $115mn settlement of a class action lawsuit relating to the 2015 cyber attack that saw almost 80 million people have their records stolen from the US health insurer.

24 June 2017
American Club slips to 2016 loss but surplus grows in ‘17

The American Club swung to a $2mn operating loss in 2016 even as total premium climbed 17 percent and investment returns improved, the New York-based member of the International Group of protection and indemnity (P&I) clubs said today.

Ted Bunker, 24 June 2017
JLT Re adds to Bermuda ranks with Chubb hire

JLT Re has added a new partner to its Bermuda operation with the appointment of Deanna Williams.

Laura Board, 23 June 2017
Malaysia enforces local ownership rules for insurers: report

Malaysia's central bank has reportedly asked foreign insurers to ensure that at least 30 percent of their Malaysian units are owned by domestic shareholders

Laura Board, 23 June 2017

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