Ace
C-Suite - Insurer: Navigating the risk landscape
The industry is responding well to emerging risks but flexibility, creativity and client service are still key.
Markel appoints China head
Markel has hired Hu Qianhai to lead its China operations.
Market Moves - 10 September 2015
All the latest recruitment news from the world of insurance.
Ace promotes Ghaffar to Asia-Pacific distribution role
Ace has promoted Amir Ghaffar to vice president and head of corporate distribution, accident and health, Asia-Pacific.
Top 30 European Insurers: The cream of the crop
Post, in association with AM Best, has compiled a list of the top 30 European non-life insurers. How have the rankings changed since 2013 – and how have currency fluctuations changed the standings of those dealing primarily in US dollars?
Hiscox in ongoing talks with PRA over stress test concerns
Hiscox is engaged in ongoing discussions with the Prudential Regulation Authority about concerns it has with its insurance stress test and is calling for a simulation of a large loss scenario to take place in the first half of 2016.
Ace moves Asia-Pacific headquarters in Singapore
Ace has moved its Asia-Pacific headquarters in Singapore to Capita Green, 138 Market Street in the CBD.
D&O: 3 in 4 SMEs uncovered
It was once said that Stephen Hawking's 1988 book, ‘A Brief History of Time', was one of the most widely owned but least read works in print - something people wanted to show off on their bookshelf but could not face the effort required to digest the…
More mega mergers expected as low interest rates and investment returns fuel M&A
Weak investment returns and ongoing soft market conditions have been cited by AM Best as driving factors behind an uptick in acquisitions activity among insurance companies that are seeking to deploy capital and create scale.
HCML vows to ensure long-term care for Alton Towers crash victims
Rehabilitation provider HCML is preparing to work alongside the NHS to ensure those injured in the Alton Towers rollercoaster crash last month can return home to a “supported environment”.
Editor's comment: A very expensive meal
While the Swiss are well known for their wealth and their thriftiness, the London and UK insurance market is probably the worst place to attempt to keep a secret.
Every firm is a potential target as Ace completes second largest deal in insurance history
UK insurance companies have been warned that no firm is immune from purchase as companies feel the need to ‘eat each other’s lunch’ to solve organic growth challenges in what has been labelled a ‘mad’ consolidation environment.
Blog: Six reasons 2015 will be the biggest year yet for insurer M&A
I have to admit I am prone to the odd football analogy and the news yesterday that Ace is to acquire Chubb in a £18.1bn mega deal has certainly given me more scope to plough this furrow given that it happened on the day the transfer window opened (1 July…
Chubb's $28.3bn price-tag leaves market insiders 'gobsmacked'
The $28.3bn (£18.1bn) fee Ace will pay to acquire Chubb has come as a major surprise to market commentators, who have questioned the rationale behind the purchase and its future market implications.
Ace to acquire Chubb for $28.3bn
Ace has reached a definitive agreement to acquire Chubb in a deal worth $28.3bn (£18.1bn).
Ace hires from AIG for Vietnam president role
Ace has appointed Dang Hoang Tung as its country president, general insurance in Vietnam.
Allum joins Ace as Singapore casualty manager
Jack Allum will join Ace as casualty manager for Singapore on 29 June.
Life sciences insurers facing recruitment challenges
Ensuring those who write life science policies remain up-to-date with the latest scientific developments is a key challenge, with those who work in-house often finding themselves out of the loop on key developments.
C-Suite: Time to help out UK exporters
Expanding into new, exciting business territories brings with it a new range of risks, says Ace Group's David Robinson.
Market Moves - 14 May 2015
Who has moved where ahead of Biba?
Ace appoints general counsel for Australia and New Zealand
Ace has appointed Gabija Simmonds to the role of general counsel for Australia and New Zealand.
Jacques moves from Canada to Australia with Ace
Lesley Jacques has been appointed head of accident and health for Australia and New Zealand at Ace.
LMA launches first competitive board election for three years
Eight candidates are fighting it out for six positions on the Lloyd’s Market Association’s governing body in what will be LMA’s first competitive election since 2012.
C-Suite: Risky business
Ace’s Toby Merrill outlines the risks of employees being allowed to access company data on their own devices.