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Hannover Re’s Henchoz says reinsurer ‘on track’ to hit €1.1bn income targets in Q2 and H1 2019 results
Insurance
Hannover Re results for the second quarter and first half of 2019 show reinsurer is “well on track” to hit group net income targets of €1.1 billion for the full year, said chief executive Jean-Jacques Henchoz.   8 August 2019
Munich Re chairman Wenning ‘delighted’ by ‘highest’ Q2 result in four years
Insurance
Munich Re described its consolidated results for the first half-year of 2019 as “gratifying” and pointed to “a very good underwriting result in property-casualty reinsurance in the second quarter” as part of the reason.   7 August 2019
Sedgwick acquires Nordic Loss Adjusting in expansion move
Insurance
Technology-driven risk solutions provider Sedgwick has acquired Nordic Loss Adjusting (NLA) and related entities in order to strengthen its presence in the Nordic region.   7 August 2019
Insurance
Allianz Global Corporate & Specialty SE (AGCS) has created the post of regional head of multinational Americas and hired Ben Mitchell for the role, starting immediately.   6 August 2019
Insurance
Swiss Re Group has partnered with Expert System to provide AI-driven Natural Language Understanding (NLU) technology Cogito.   6 August 2019
Reinsurance
Michael Pickel, CEO of Hannover Re’s German reinsurance subsidiary E&S Rückversicherung, talks rates, insurtech and Lloyd’s of London, with Intelligent Insurer.   5 August 2019
Insurance
European legacy acquirer DARAG Group has signed a new portfolio transfer agreement with German re/insurer SOVAG. The legacy book comprises direct insurance and inwards reinsurance business.   5 August 2019
Insurance
Insurer Allianz has appointed Heidi Shepherd to the post of commercial motor portfolio manager, responsible for the profitable growth of complete mini fleet, taxi and truck products.   5 August 2019
Insurance
Swiss Re's ReAssure is acquiring Quilter's UK closed book business, consisting of Old Mutual Wealth Life Assurance and its subsidiary Old Mutual Wealth Pensions Trustees, including about 300 employees, for a total consideration of £425 million.   5 August 2019
Insurance
German insurer Allianz enjoyed a strong second quarter 2019 with operating performance and net income rising above estimates, but its property/casualty operating profits fell back due to lower investment earnings.   5 August 2019

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