Articles

Insurance

M&As in European insurance sector set to continue in 2019, finds Moody’s

The European insurance sector will continue to consolidate in 2019, with varying credit impacts, according to the latest Moody's Investors Service report.   23 May 2019

Alternative Risk Transfer

SCOR acquires asset manager Coriolis Capital to expand ILS arm; takes AUM to $2.1bn

French reinsurer SCOR’s portfolio management company is acquiring 100 percent of the capital of insurance-linked securities (ILS) fund manager Coriolis Capital, in a move aimed at expanding its capacity on the ILS market, reaching an aggregate sum of $2.1 billion of assets under management (AUM) and operating in both Paris and London.   23 May 2019

Insurance

Give insurers access to wealth of cyber attack data, urges Insurance Europe

Cyber insurance could make leaps and bounds in Europe if policymakers gave insurers access to anonymised cyber-attack data, industry body Insurance Europe (IE) has said.   23 May 2019

Insurance

Generali's Frédéric de Courtois named new vice president of Insurance Europe

Frédéric de Courtois, general manager of Generali Group, has been elected vice president of Insurance Europe, the European insurance and reinsurance federation, for a three-year term.   23 May 2019

Insurance

Sompo swoops for Amlin's Pützer as head of financial lines in Germany

Bermuda-based specialty re/insurer Sompo International Holdings has hired Udo Pützer to join the company’s European insurance platform as head of financial lines insurance, Germany.   21 May 2019

Insurance

Munich Re HSB hires new director of engineering

HSB Engineering Insurance, a specialist engineering and construction insurer which is a subsidiary of Munich Re, has appointed Paula Homan as director of engineering services.   20 May 2019

Insurance

Korean Re sets up European reinsurance hub in Switzerland to drive overseas business

Seoul-based reinsurer Korean Re has launched a new reinsurance subsidiary in Zurich, Switzerland as part of its expansion strategy in the European market.   20 May 2019

Insurance

EU removes Bermuda from 'blacklist' of non-cooperative tax jurisdictions

Bermuda has been removed from the European Union's so-called blacklist list of "non-cooperative" jurisdictions following a meeting of EU finance ministers on May 17.   20 May 2019

Insurance

Deutsche Rück’s profits rise but GWP shrink in 2018

German reinsurer Deutsche Rück Group's profits soared in 2018 but its book shrank due to a restructuring of a business segment within the group of German public insurers.   17 May 2019

Insurance

Generali posts solid growth and profits in Q1 results

Italian insurer enjoyed a big increase in its profit in the first quarter of 2019, though this was partly driven by disposals. Its GWP also show solid gains in all parts of the business.   16 May 2019

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