Captive News

Global captive market updates, regulatory news and industry insights

Security claims expected to surge with GDPR: AIG report

A surge in data breach and other security failure claims can be expected when the European Union’s General Data Protection Regulation takes effect Friday, says American International Group Inc. in a report issued Thursday.

2018-05-29

Author：Editorial Team
European insurers, reinsurers lead climate risk disclosure, mitigation

European insurers and reinsurers are leading the way on climate risk disclosure and mitigation while Japanese insurers are improving their performance and U.S. insurers continue to lag behind, according to a new report.

2018-05-29

Author：Editorial Team
Slovenia's insurance regulator bans Croatia Osiguranje from upping stake in Sava Re

LJUBLJANA (Slovenia), May 28 (SeeNews) - Slovenia's insurance regulator has again rejected a request by insurer Croatia Osiguranje to increase its stake in Slovenian insurer Pozavarovalnica Sava, known as Sava Re, to 20% or more, the Croatian company said on Monday.

2018-05-29

Author：Editorial Team
Brexit fallout benefits non-life in Luxembourg

As the Brexit deadline approaches more and more companies are in the process off relocating to a European centre in order to be sure of access to the single market and the European passport when the UK departs.

2018-05-29

Author：Editorial Team
Singapore Reinsurance posts 12% rise in 1Q earnings to $5.2 mil

SINGAPORE (Apr 19): Singapore Reinsurance reported first quarter earnings increased 11.6% to $5.2 million in 1Q18 compared to $4.6 million in 1Q17.

2018-04-24

Author：Editorial Team
Australia's IAG set to sell SE Asia businesses

Insurance Australia Group is set to sell its four Southeast Asian businesses in deals that could be valued at about $500 million, under a review of its Asian operations, three people with knowledge of the matter said.

2018-04-24

Author：Editorial Team
Reliance General Insurance profit up 28 pc at Rs 165 cr in FY18

Reliance General Insurance, arm of Reliance Capital, has registered a net profit of Rs 165 crore in the fiscal ended March, up by 28 per cent from a year earlier.

2018-04-24

Author：Editorial Team
Lloyd’s of London aims to ditch most paper trading by end 2019

Most business on the Lloyd’s of London insurance market will be negotiated electronically by the end of next year, Chief Executive Inga Beale said Monday.

2018-04-24

Author：Editorial Team
Alliant to acquire New York-based Crystal & Company

Alliant Insurance Services Inc. said Thursday that it has agreed to acquire New York-based Crystal & Company.

2018-04-19

Author：Editorial Team
Generali to sell Belgian unit to Bermudian reinsurer

Italy-based insurer Assicurazioni Generali S.p.A. plans to sell its Belgian operations to Bermuda-based reinsurer Athora Holding Ltd. for €540 million ($668.5 million) as part of its plans to reduce global business and increase capital, Reuters reported. The deal is expected to close in the second half of the year and will generate a capital gain of about €150 million for the insurer.

2018-04-19

Author：Editorial Team

FirstPrev12345678910...NextLast