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New York Life puts Seguros Monterrey up for sale

New York Life is running an auction to sell Mexican life insurer Seguros Monterrey, The Insurance Insider can reveal

Adam McNestrie, 12 December 2016
Allianz CEO: growth target ‘more challenging’

Allianz CEO Oliver Bäte has admitted his target of increasing earnings by 5 percent a year between 2015 and 2018 had become harder because of the election of Donald Trump as US president and the Brexit vote in the UK

Laura Board, 12 December 2016
Zurich agrees Cover-More takeover

Zurich has agreed to buy Australia-based travel insurer Cover-More Group for A$741mn ($552mn)

Matthew Neill, 12 December 2016
Qianhai Re rated A- by AM Best

AM Best has assigned an A- financial strength rating to startup Chinese reinsurer, Qianhai Re, which was granted regulatory approval in March this year.

Dan Ascher, 10 December 2016
Aon Benfield mulls EMEA fac facility

Reinsurance broking behemoth Aon Benfield is in the early stages of putting together a new facility for facultative business coming out of Europe, Middle East and Africa, sister title Reactions reported.

Dan Ascher, 10 December 2016
Aviation market shows resilience in November renewals: JLT

Underwriters in the aviation market took a harder stance during the bellwether November renewals, as discipline and risk selectivity continued to differentiate results, according to JLT.

Matthew Neill, 09 December 2016
Axis plans new $1bn share buyback

Axis Capital has been authorised by its board to repurchase up to $1bn of its shares in 2017

David Bull, 09 December 2016
Wall to lead Fosun’s US legacy push

The former CEO and chairman of Enstar US Karl Wall is set to spearhead Fosun's push into the US run-off market, The Insurance Insider can reveal.

Adam McNestrie, 09 December 2016
American Club’s Hughes calls end to marine rate cuts

Pricing levels across the marine insurance sector are "edging towards normalisation", according to The American Club chairman and CEO Joseph Hughes.

Matthew Neill, 09 December 2016
XL Catlin puts Gale at helm of Bermuda reinsurance

XL Catlin has moved Jonathan Gale to the post of chief executive of its Bermuda reinsurance operation and installed Rob Littlemore as London reinsurance head. The moves build on an October leadership shake-up

Matthew Neill, 09 December 2016

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