Emerging Markets
Swiss Re, Generali, Gulf Re Execs Tapped to Lead Aspen’s Dubai Expansion
Aspen Insurance Holdings Ltd. hired senior underwriting managers for a new Dubai reinsurance operation as the company seeks expansion in the Middle East and Africa. Peter Thompson, formerly of ...
Executives On The Move at Chubb, BHSI, Great American, PCI and More
Berkshire Hathaway Specialty Insurance hired a veteran AIG executive. Chubb promoted one of its own to a leadership position in its North America Commercial Insurance division. Great American ...
Allianz Will Unload South Korea Life Operations onto China’s Anbang Insurance
Anbang Insurance Group Co., which walked away from a bid to acquire Starwood Hotels & Resorts Worldwide Inc. last week, has agreed to buy Allianz SE's operations in South Korea. The Chinese ...
Most Insurance M&A Deals Haven’t Improved Financial Strength: S&P
The flurry of insurance mergers and acquisitions that yielded about $150 billion of transactions globally in 2015 may endure even after years of "patchy" results for some companies making deals, ...
Liberty International Underwriters Adds Cyber Extortion Endorsement for Food and Beverage Industry
Liberty International Underwriters (LIU) has launched a cyber extortion endorsement for its product recall and contamination policy for food and beverage companies. The new endorsement provides ...
Uber Expands into More African Countries
Uber Technologies Inc. plans to start operating in three new African countries by the end of June, extending its reach 2 1/2 years after introducing its ride-hailing service in the continent. The ...
April Renewals Reflected Slowing Price Cuts, Rising Reinsurance Demand: Willis Re
While the April 1 renewals saw a continuation of the softening market, there are encouraging signs that price cuts are slowing and reinsurance demand is rising, according to a Willis Re report. For ...
Anbang Insurance Pulls $14B Bid for Starwood Hotels
A group led by China's Anbang Insurance Group Co. withdrew its $14 billion takeover bid for Starwood Hotels & Resorts Worldwide Inc., clearing the way for a purchase by Marriott International ...