Emerging Markets
Swiss Re, Brazilian Conglomerate to Launch Commercial Large-Risk Insurer
Swiss Re Group and a South American conglomerate are jointly launching a commercial large-risk insurer in Brazil, and the reinsurer plans to own a majority stake. The actual partnership, which goes ...
Emerging Markets Likely to Gain Bigger Share of Global P/C Business: JLT Re
Despite recent slowdowns, emerging economies are expected to outperform advanced markets over the next five years, according to a report published by JLT Re. The emerging economies examined in the ...
Allianz Joins IFC Global Infrastructure Program With $500M Investment
World Bank Group member IFC is launching a program designed to raise $5 billion for infrastructure development in emerging markets. Allianz is among the global investors. IFC, a global development ...
Executives On The Move at Lloyd’s of London, Sompo Canopius Re and PartnerRe
Lloyd's of London is hiring a former longtime RSA executive. Sompo Canopius Re named a new head of operations in Continental Europe. PartnerRe is bringing on a former Willis Re executive to be its ...
China Now Lets Insurers Invest in Hong Kong Stocks Via Link
China has opened up a new channel for insurers to invest in Hong Kong equities. Insurance funds are now allowed to buy the city's shares through an exchange trading link with Shanghai, the China ...
New Report Offers ‘Wake-Up Call’ About Ocean Warming
Ocean warming is "one of the greatest hidden challenges of our generation," says a new report issued this week at the World Conservation Congress. The report from the International Union for ...
Qatar Re Surges Along With Soaring Middle East/North Africa Reinsurance Market: A.M. Best
Qatar Re tops A.M. Best's tally of the biggest Middle East and North Africa reinsurers in 2015, capping major growth for the carrier that has run in tandem with a significant expansion of the larger ...
Executives On The Move at XL Catlin and Starr Companies
XL Catlin turns to emerging markets with the appointment of a new vice president focused on the growing sector. Starr Companies, meanwhile, named a new chief underwriting officer for financial lines. ...