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Insurance
Athora Holding has completed the acquisition of Generali Belgium, a Belgium-based insurer. The final consideration paid was approximately €540 million. The company will be rebranded to Athora Belgium prior to the end of the second quarter of 2019. 3 January 2019
News
Extratropical Cyclone Burglind, also known as Eleanor, which hit the UK and Europe in January 2018, will cost insurers some €756 million, according to insurance data company PERILS’ final loss estimate. 3 January 2019
Insurance
Business insurance specialist QBE European Operations has implemented its post-Brexit plans, following its Part VII transfers coming into effect on January 1, 2019. 2 January 2019
Insurance
Generali Group has completed its plan to increase its stakes in Future Generali insurance joint ventures in India to 49 percent from 25.5 percent. 2 January 2019
Insurance
Re/insurance legacy specialist Compre has received regulatory approval from IVASS, the Institute for the Supervision of Insurance in Italy, and all other relevant regulators for the acquisition of two portfolios from Assicurazioni Generali (Generali). 21 December 2018
Insurance
Specialty managing general agent (MGA) Nexus Group has acquired Hiscox Global Flying (HGF), a provider of insurance for aviation professionals. 21 December 2018
Insurance
Lloyd’s managing agency Neon Underwriting (NUL) has promoted Theo Butt to CEO and Matthew Washington to managing director with immediate effect. 21 December 2018
Insurance
The Corporation of Lloyd’s has set the targets for electronic placement for the first half of 2019 following approval from the Lloyd’s board and council. 20 December 2018
Insurance
Sonja Rottiers has been appointed as the CEO of Lloyd’s Brussels, replacing Vincent Vandendael who had been appointed to the post in May 2018. 20 December 2018
Insurance
Swiss Re has reached an agreement with Japanese insurance group MS&AD Insurance Group Holdings (MS&AD) for a further investment of £315 million into ReAssure, Swiss Re's UK closed life book consolidator. 20 December 2018
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