Articles

Insurance

DARAG acquires One Re to enter into the UK market following capital strengthening

Run-off specialist DARAG Group has agreed to acquire London-based non-life reinsurance company One Re, which provided reinsurance to African-based insurers for industrial property risks and engineering projects from 2015 to 2018.   18 July 2019

Insurance

S&P says Swiss Re ReAssure ratings to remain negative following IPO suspension

S&P Global Ratings has said that its 'A-' ratings on Swiss Re ReAssure (SRRAL) will remain on Credit Watch with negative implications following the suspension of its initial public offering (IPO) on July 11.   17 July 2019

Insurance

DARAG seals quota share reinsurance deal with Scandinavian insurer Protector Forsikring

European legacy acquirer DARAG Group has entered into a retrospective quota share reinsurance agreement with Scandinavian insurance company Protector Forsikring.   16 July 2019

Insurance

SCOR enters into new liquidity agreement with Exane

French reinsurer SCOR SE has entered into a new liquidity contract with Exane, following changes in the regulations relating to liquidity agreements.   12 July 2019

Insurance

Mapfre and China Re to collaborate on insuring investments for China’s BRI infrastructure project

Spanish insurer Mapfre and reinsurer China Re have agreed to collaborate on insuring investments related to the Chinese government’s huge infrastructure plan, the Belt and Road Initiative (BRI), which launched in 2013 and was designed to connect China with the world’s major economies.   9 July 2019

Insurance

CCR Re appoints senior underwriter from Partner Re

French government backed reinsurer CCR Re has hired Olivier Kweitel Collignon as senior underwriter from Partner Re.   8 July 2019

Insurance

S&P ‘A’ rating for Korean Re Swiss subsidiary paves way for ‘major hub’

Korean Re’s reinsurance subsidiary in Switzerland, which opened on 1 June 2019, has achieved an ‘A’ rating from S&P Global Ratings.   5 July 2019

Insurance

Pay-as-you go insurtech Zego partners with European micro-mobility start-up Dott

London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has partnered with European micro-mobility start-up Dott to provide insurance for its fleet of shared e-scooters across France and Belgium.   4 July 2019

Insurance

Crawford acquires Belgian loss adjuster to expand in Benelux region

Crawford & Company, a provider of claims management solutions, has made a strategic acquisition to expand its capabilities in the Benelux region.   4 July 2019

Insurance

SOBC DARAG acquires Vermont-based risk retention group

SOBC DARAG, a subsidiary of run-off specialist DARAG UK, has acquired Innovative Physicians Solutions (IPS) risk retention group (RRG), having received regulatory approval in Vermont.   4 July 2019

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