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AA insurance revenues fall on higher motor premiums

The AA's insurance division reported a 7.7 percent decline in revenue to £131mn ($187mn) for the year ended 31 January, after increases in motor premiums led to a decline in policy numbers

Catrin Shi, 05 April 2016
Aon Benfield to launch global trading platform

Aon Benfield is launching a global reinsurer trading platform with real-time data capabilities that will be up and running for the 1 July renewals, it announced today (5 April)

Catrin Shi, 05 April 2016
BHSI hires AIG senior exec

Berkshire Hathaway Specialty Insurance (BHSI) has appointed American International Group (AIG) senior executive David Valzania as customer and broker engagement leader for the eastern US region

Catrin Shi, 05 April 2016
China Re unveils net profits of $1.2bn

China's largest reinsurer, China Re, saw its net profits increase by more than 40 percent to 7,675mn yuan ($1.2bn) in 2015, according to its annual report statement released yesterday (4 April).

Charlie Thomas, 05 April 2016
Hamilton confirms property D&F hire

Hamilton Underwriting (Hamilton) has appointed Miles Osorio head of property direct and facultative (D&F), the Lloyd's managing agent confirmed today (4 April)

Matthew Neill, 04 April 2016
Oman to pre-approve investment-linked products

Oman's Capital Market Authority (CMA) has told insurers that they must obtain its approval before marketing any investment-linked product or creating any linked funds

Winifred Okocha, 04 April 2016
Qatar introduces insurance regulations

The Qatar Central Bank has issued the first set of comprehensive regulations for the country's insurance industry

Matthew Neill, 04 April 2016
Korean Re chairman dies aged 90

Korean Re chairman Hyuk Hee Won passed away last week (29 March) at the age of 90.

Matthew Neill, 04 April 2016
Xchanging renews WorkSafe contract

Insurance outsourcing and software firm Xchanging has renewed its contract with workers' compensation specialist WorkSafe in Australia, the company announced today (4 April)

Matthew Neill, 04 April 2016
Study uncovers cities most at risk of wildfire damage

Catalonia, Madrid and Valencia are among the locations that are most at risk of catastrophic damage from wildfires in Europe, according to a study by the University of Leicester.

Winifred Okocha, 04 April 2016

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