Emerging Markets
Fairfax Seeking to Raise $1B From Africa Fund IPO
Fairfax Financial Holdings Ltd., the Canadian insurer that announced its largest acquisition last week, is selling shares in an initial public offering for a fund that will make investments in ...
2017 Predictions Part IV: Hong Kong, China Face Tech-Related Insurance Industry Disruption
The twin forces of regulation and technology will see the emergence of new distribution models in 2017. This sounds like a commonly heard disrupter scenario for the U.S. and European markets, but ...
2017 Predictions Part III: Motor-Cyber, India Reinsurance and More
Insurers and reinsurers continue to look for organic growth where they can find it – sometimes from emerging risks and sometimes from emerging markets. As always, the keys to success are market ...2017 Predictions Part II: InsurTech, Australia D&O and India Cyber Insurance
InsurTech was an insurance buzzword in 2016, and that's likely to continue next year when it will permeate almost every aspect of U.S. industry, according to a prediction from international law firm ...
XL Catlin Invests $4M in a Swiss InsurTech Microinsurance Startup
XL Catlin's investment arm committed $4 million in first-round financing to Stonestep, a property/casualty InsurTech startup looking to streamline how microinsurance is sold in emerging markets. The ...
Zurich to Acquire Australian Travel Insurer Cover for $551M
Switzerland's Zurich Insurance Group has agreed to buy Australia's biggest travel insurance provider, Cover-More Group, for A$741 million ($551 million), stepping up its investment in the Australian ...
China Broker CNinsure Changing Name to ‘Fanhua Inc.’
CNinsure Inc., a China-based insurance broker, will now be known as "Fanhua Inc." Shareholders voted to change the name during a Dec. 6 meeting. Alongside the name change, the Nasdaq ticker symbol ...
Sharing Economy, New Technology Pose Challenges for Insurers
Emerging risks associated with the sharing economy and new technology pose new challenges for insurers, according to members of the International Association of Claim Professionals (IACP) who sat ...