Swiss Re, Ping An Offer China’s 1st Mobile-Enabled Parametric Insurance Cover July 7, 2017 Swiss Re has partnered with Ping An Property & Casualty Insurance Co. of China Ltd. to launch China’s first mobile-enabled...
Brexit Should Preserve Free Trade for Financial Services: FCA’s Bailey July 7, 2017 By Huw Jones Finance firms should not be forced by regulators to change location after Britain leaves the European Union in 2019, Andrew...
Symantec to Acquire Israeli Cyber Security Startup Fireglass July 7, 2017 By Liana B. Baker Symantec Corp. is acquiring Israeli cyber security startup Fireglass, the company said on Thursday, in a small deal designed to...
Swiss Re Bases Entire $130B Liquid Investment Portfolio on Ethical Principles July 7, 2017 By John Revill Swiss Re is switching the entire $130 billion it holds in liquid assets to track ethical indices, the latest move...
Days of Cyber Insurers Avoiding Costly Claims May Be Numbered: Expert July 7, 2017 By Oliver Suess Cyber crime insurers largely avoided costly claims from the recent attacks that hit business around the globe. The next global...
Ironshore International’s M&A and Tax Insurance Unit Opens Frankfurt Office July 7, 2017 Ironshore International’s Mergers & Acquisitions and Tax Insurance unit announced it has opened an office in Frankfurt, Germany, through Ironshore...
Fairfax Financial Completes $4.9 Billion Acquisition of Allied World July 6, 2017 By L.S. Howard Fairfax Financial Holdings Ltd., the Toronto-based investment and insurance company, has successfully completed its acquisition of Allied World Assurance Co....
Global Premium Growth Slows in 2016 – with China as Exception: Swiss Re July 6, 2017 By L.S. Howard Global insurance premiums increased by 3.1 percent in real terms during 2016, down from growth of 4.3 percent reported in...
Kent to Become Willis Re’s Global CEO when Cavanagh Retires July 6, 2017 Willis Re announced that James Kent, the current deputy global CEO, will succeed John Cavanagh when he retires from his...
China’s Fosun Denies Rumors that Chairman Guo Has Gone Missing July 6, 2017 Chinese conglomerate Fosun saw shares in its listed units fall on Thursday, prompting it to refute online rumors that it...