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Swiss Re prices ReAssure initial public offering at up to £3.3bn
Insurance
Zurich-based Swiss Re has set a price range of £2.80 to £3.30 per share for the initial public offering (IPO) of its UK closed life book business ReAssure.   27 June 2019
Zurich takes lead on UN climate goals; commits to 100% renewable energy by 2022
Insurance
Zurich has become the first major global insurer to align with United Nation's climate change goals by committing to using 100 percent renewable energy in all global operations by the end of 2022, and to stop writing certain thermal coal and oil sands risks.   26 June 2019
AIR Worldwide expands flood models for Central Europe and UK
Insurance
Catastrophe risk modeling firm AIR Worldwide has expanded its inland flood model for Central Europe and coastal flood model for Great Britain.   26 June 2019
Insurance
The Federation of European Risk Management Associations (FERMA) has elected Dirk Wegener, global head of corporate insurance for Deutsche Bank Group and a member of the German risk management association GVNW, as its next president.   26 June 2019
Insurance
Belgian insurtech Qover has secured €8 million investment from Alven, Portag3 Ventures, and Series A investor Anthemis to accelerate its European development.   26 June 2019
Insurance
Global insurance broker Gallagher has grown its presence in Central and Eastern Europe with the purchase of a minority stake in Czech-domiciled insurance broker Renomia a.s. (Renomia).   25 June 2019
Insurance
German reinsurer Munich Re has partnered with re/insurance industry consortium Geospatial Intelligence Center (GIC) to provide insurers with access to automated damage classification analytics, helping them recover quickly after major catastrophes.   25 June 2019
Insurance
German insurer Allianz has agreed to sell its 60 percent stake in joint venture Allianz Popular SL to Banco Santander for €936.5 million, and terminate its exclusive non-life insurance distribution agreement with the Spanish bank.   24 June 2019
Insurance
Specialty managing general agent (MGA) Nexus Group has hired Marc van der Veer as chief executive officer (CEO) of European Ventures.   21 June 2019
Insurance
French insurer AXA has unveiled leadership changes that will take effect after the departure of its group chief financial officer (CFO) Gérald Harlin, who is leaving the company after 29 years.   20 June 2019

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