Property and casualty insurer Chubb Limited has promoted Aaron Shead to Executive Vice President (EVP), Head of Property for Overseas General Insurance (COG), the company’s international general insurance operations, effective immediately.Since 2018, he has served as Senior Vice President, Head of Fire for COG. In his new role, Shead will oversee the growth and profitability of Chubb’s fire, terrorism, power, and energy portfolios, while serving as the business leader for property major accounts.Shead has o ...

转自：新华财经 新华财经北京12月9日电（记者刘玉龙）近日，"深化京港协同，赋能金融高水平开放——资产管理行业在'十五五'开放格局下的发展机遇"金融街论坛系列 活动在北京举办。参会人士分析了京港金融市场互联互通的重要性，普遍认为全球金融格局正经历深刻转变，香港金融市场的作用更加突出，是海内外金融 机构进行全球资产配置、促进科技创新的重要市场。 香港大学副校长、金融学讲座教授林晨在主旨演讲时表示，过去几年，区块链技术革新推动了跨境支付结算体系升级，是金融基础设施领域的重大事件。相 比传统跨境支付结算方式，基于区块链的跨境支付在耗时、成本、流程等方面更加具备优势，而未来黄金、美股、美债或将成为资产上链的重点方向。 全国社会保障基金理事会原副理事长王忠民在主旨演讲时指出，当前，香港金融市场的功能作用主要体现在三个方面。一是供应链金融或者产业链金融领 域，伴随全球科技产业链的变迁，也牵动金融服务体系和产品的变革，香港市场能够提供一个好的应用场景。二是要充分应用香港金融市场成熟的金融风险 管理工具缓释、对冲风险。三是要把一些创新产品在香港市场试点，更好的推动金融创新。 活动的圆桌论坛环节，参会人士围绕"跨境资产管理中的 ...

Core Insights - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, highlighting its growth potential and diversification opportunities [1] - The popularity of insurance companies in the Philippines since 2014 has influenced investment strategies, leading to a broader portfolio that includes various industries and market capitalizations [1] - The entry into the US market has provided additional avenues for investment, with a focus on banks, hotels, shipping, and logistics companies, indicating a trend towards international diversification [1] Investment Strategies - Initial investments were concentrated in blue-chip companies, reflecting a common strategy among investors seeking stability [1] - The approach has evolved to include a mix of long-term holdings for retirement and short-term trades for profit, showcasing a balanced investment strategy [1] - The use of analytical tools and resources, such as Seeking Alpha, has enhanced investment decision-making and market comparisons between the US and Philippine markets [1]

8 December 2025 | 11:28AM HKT Equity Research CHINA INSURANCE Implications of lower risk factor for equity investments The NFRA announced reductions to C-ROSS risk factors for equity investments and export credit insurance. Per the NFRA, the lower risk factors for equity investment were designed to encourage insurers to have a longer holding period, as they only apply to investments with an average holding period of at least 2 years. While we expect more inflow into equity investment in the coming months, o ...

央视网消息：12月7日国家医保局公布了医保目录，跟之前七年公布的目录相比，这一次增加了商保的创新药的目录，这次涉及到的是19种药品，包括治疗 肿瘤、罕见病，还有阿尔茨海默的药品，它们共同的特点是创新程度高、临床价值大、患者获益显著，并且超出基本医保保障范围。值得一提的是，这19种 药品是并非强制性的名录。这个目录对于患者、用药人、医院、医保、商业保险来说，都会带来什么样的影响？另外基本保险和商保之间应当如何协同，才 能够更好的发挥效用？ 首个商保创新药目录，为何现在推出？ 上海财经大学金融学院保险系教授 粟芳：整个保险行业对于这个创新药的目录已经期盼很久了，消费者也希望保险行业能有一个标准的目录出现，这次集 合了保险公司、国家相关部门、药企的共同努力，才在第8次出台了这份目录。这份目录的出台，对各方来说都是一个利好。对于消费者来，将来购买保险 就有据可查，在过去没有这个目录的时候，可能各保险公司的赔付标准完全不同，消费者就会不知道哪家保险公司的产品会更好，以及该买哪家保险公司的 产品。有了这个标准之后，各家公司的在设计保险产品的时候，也可以根据这个标准来执行。其次国家的这个目录其实具有大规模采购的效应，所以药 ...

OMAHA, Neb. (AP) — Incoming Berkshire Hathaway CEO Greg Abel is assembling his team to help him lead the conglomerate Warren Buffett built starting in January after a couple of key departures. Berkshire said Monday that one of its two investment managers besides Buffett who has also served as CEO of Geico for several years, Todd Combs, and longtime Chief Financial Officer Mac Hamburg are both departing. Combs is taking a job helping JP Morgan decide how to invest $10 billion while serving as a special adv ...

Core Thesis - Kinsale Capital Group, Inc. is positioned as a strong player in the U.S. Excess and Surplus (E&S) insurance market, leveraging its regulatory flexibility and proprietary technology to achieve superior profitability and efficiency [1][2][6] Company Overview - Kinsale Capital Group is a specialty insurer focused exclusively on the U.S. E&S market, which is valued at $115 billion, catering to high-risk businesses that are hard to insure [2] - The company does not have an investment or ventures arm, differentiating itself from competitors like Markel [2] Business Model and Strategy - Kinsale charges higher premiums and manages exclusions effectively, maintaining an exceptional loss ratio with a modest policy retention rate of around 60% [3] - The company’s portfolio includes unconventional risks such as firearm retailers, medical malpractice, disaster-exposed properties, and cybersecurity liabilities [3] Competitive Landscape - Operating in a competitive E&S market with over 75 rivals, Kinsale holds less than 2% market share but is expanding rapidly [4] - The company’s competitive advantage stems from a proprietary technology platform developed over seven years, enabling efficient processing of large volumes of low-premium submissions [4] Leadership and Governance - Leadership by founder and CEO Michael Kehoe and COO Brian Haney emphasizes disciplined underwriting and profitability-driven growth, supported by strong insider ownership [5] - Kinsale has established a fully integrated underwriting and claims process, contributing to its status as the most efficient and profitable pure-play insurer in the U.S. E&S market [5]

One of Warren Buffett's key deputies is leaving Berkshire Hathaway. Todd Combs, the CEO of Berkshire-owned Geico, is joining JPMorgan to head up a new unit. The announcement comes alongside several executive changes ahead of Buffett's retirement as CEO. One of Warren Buffett's top lieutenants is leaving Berkshire Hathaway to join JPMorgan. Todd Combs, one of Buffett's two investment managers alongside Ted Weschler, and the CEO of Berkshire-owned Geico, will lead JPMorgan's $10 billion Strategic Inv ...

Core Viewpoint - Allianz SE and Oaktree Capital Management have established a reinsurance syndicate named "Syndicate 1890" in the Lloyd's of London market, marking a significant move of private capital into the non-life insurance sector [1][2]. Group 1: Syndicate Formation - The syndicate will commence underwriting operations on January 1, with Oaktree investing hundreds of millions of US dollars to fund and manage the syndicate's assets [2]. - Allianz will share its reinsurance programs with the syndicate, allowing for a more efficient capital provision without the collateral demands typical of traditional special-purpose vehicles [3]. Group 2: Market Trends - Alternative asset managers, traditionally focused on life insurance, are increasingly entering the property-and-casualty reinsurance market, as evidenced by Blackstone Inc.'s recent backing of another Lloyd's syndicate [4]. - The establishment of Syndicate 1890 is seen as a template for the convergence of alternative asset management and insurance, streamlining market entry and governance for these managers [5]. Group 3: Industry Implications - Fitch Ratings noted that while such partnerships introduce new third-party capital into the reinsurance market, they may also increase structural complexity and credit risks, particularly in stress scenarios [5]. - Allianz has engaged with approximately 10 other private capital firms regarding the syndicate, indicating a broader trend of collaboration between traditional reinsurers and alternative investment firms [6].

frankpeters/iStock Editorial via Getty Images Listen below or on the go on Apple Podcasts and Spotify Paramount looks to snake Netflix’s Warner Bros. deal at $30/share. (0:15) Wedbush gets more bullish on Apple. (1:54) Top Berkshire lieutenant following Buffett out the door. (2:29) This is an abridged transcript of the podcast: Our top story so far, Paramount is pitching a sequel. Paramount Skydance (PSKY) has launched a hostile $30 per share all-cash tender offer for Warner Bros. Discovery (WBD) — t ...