Growth Initiatives
Lloyd’s Rolls Out Specialist Underwriting Platform in Dubai
Lloyd's has opened a new specialist underwriting platform in Dubai to provide tailored risk products across the Middle East. This brings the number of Lloyd's businesses trading in the Dubai ...
AIG Drawn to Indonesia Shariah Insurance Growth
Indonesia's Islamic insurance industry is expanding three times as fast as Malaysia's, prompting American International Group Inc. and Sun Life Financial Inc. to seek a broader presence in the ...
Verisk Analytics Branches Out From P/C With $2.8B Wood Mackenzie Deal
Verisk Analytics Inc., a supplier of data to insurers and banks, agreed to buy Wood Mackenzie for about 1.85 billion pounds ($2.8 billion) in cash, gaining a business providing information to the ...
Willis Group Brings Custom Insurance Arm to North America, U.K.
Willis Group Holdings said it is taking its affinity or custom insurance business global, with expansion into markets including North America and the U.K. The global risk advisor, insurance and ...
Great American Insurance Entering Singapore Market
Great American Insurance Group is joining the procession of specialty insurers staffing up a new branch operation in Singapore, the group announced Friday. The group said that its lead insurer, Great ...
Investing in Innovation: AXA VC Fund Backing Climate Impact, Airfare Predictors
In late February, AXA announced the launch of €200 million ($291 million) venture capital fund backing startups bringing innovations to the insurance, asset management, financial technology and ...
Insurance IT Investment Will Grow in 2015, With Large Carriers Leading
Insurers plan a healthy average increase in information technology investment for 2015. But the spending hike favors larger carriers more than their smaller rivals, a new industry report from ...
Greenberg Says Starr Well-Positioned to Leverage Opportunities in Cuba
Starr Companies is "well-positioned" to help clients take advantage of opportunities made available by recent U.S. regulations easing restrictions on travel to Cuba, according to Starr International ...