News
JLT raids Aon for Asia boss
Dominic Burke hails capture of Anthony Longridge in regional push.
Run off market increased by 30% in 2008
Annual KPMG report claims market is worth £37.4bn.
Proaktive expands into Sheffield
Risk Group opens new office
Ace names Derek Talbott executive vice president of international property
Ace appoints ex Aon Benfield Fac senior vice president Derek Talbott as executive vice president, international property.
Insurer American Keystone shut down
American Keystone placed into receivership with the Florida Department of Financial Services and will be liquidated after the company’s latest financials were insufficient to buy reinsurance, regulators said.
PICC raises $732m
PICC Property & Casualty, China's largest non-life insurer in terms of premiums, has completed the issuance of RMB 5bn worth of ten-year subordinated bonds (circa $732m).
Aegon gets $650m boost
Dutch insurer Aegon has made $650m in regulatory capital available to its US operations by tapping future life insurance profits in a 10-year reinsurance transaction with JPMorgan Chase.
Miller makes addition to professional risks team
Broker appoints Tony Kavanagh from Heath Lambert
Giles appoints non-executive chairman
Former deputy chief executive of Ecclesiastical joins broker
Insurance consumers increase online focus
Almost two-thirds of online insurance shoppers increase their web usage
Edge IPK and Watertrace announce London market products
Technology firm and management consultancy to offer back office solutions
AIG sells Taiwanese insurer for $2.15bn
AIG sells Taiwanese life insurer for $2.15bn to Primus.
Third quarter Cat bond activity up -Guy Carpenter
Third quarter Catastrophe bond issuance is up, according to Guy Carpenter
Hannover Re gets China license
Hannover Re has received approval to open a branch in Shanghai for non-life reinsurance.