Articles
Insurance
Insurer Chubb has hired the former US president and CEO of AXA Insurance Company for a newly-created role in Continental Europe. 18 September 2018
Insurance
French cooperative insurer Covéa is working on a new approach to its planned takeover of reinsurer SCOR after its friendly €8.2 billion offer was rejected earlier in September, Reuters reported citing “two sources close to the deal”. 18 September 2018
Insurance
Insurer Thomas Miller has acquired the managing general agency (MGA) and insurance services operations of Hamburg-headquartered specialist insurance services group Zeller Associates. 18 September 2018
Insurance
Setoo, a London-based insurance and protection-as-a-service company, has closed an €8 million Series A funding round with AXA’s insurtech startup studio Kamet. 18 September 2018
Insurance
Insurance startup Brolly, which offers an AI-driven insurance app, is claiming on its own business insurance for the first time after its office was burgled. 14 September 2018
Insurance
French reinsurer SCOR is in exclusive negotiations with the employee support services provider Workplace Options to sell SCOR Global Life's employee wellness solutions subsidiary Rehalto. 14 September 2018
Insurance
China Re, China’s biggest reinsurer, will acquire speciality insurer Chaucer from its parent The Hanover Insurance Group for $950 million in a deal that gives the buyer a solid foothold in both the speciality markets and in Lloyd’s. 13 September 2018
Insurance
Lloyd’s syndicates have just weeks to submit a business plan mapping a route to profits, and those that fail will be closed, Jon Hancock, performance management director of Lloyd’s, confirmed to Monte Carlo Today. 12 September 2018
News
Swiss Re expects stable prices for the upcoming January renewals in the absence of any significant events, Moses Ojeisekhoba, head of reinsurance, told Monte Carlo Today. 12 September 2018
News
Allianz is pleased with how its property-catastrophe reinsurance programme responded to the 2017 losses related to hurricanes Harvey, Irma and Maria (HIM) but it is still refining the way it covers manmade risks in its portfolio, Amer Ahmed, CEO of Allianz Re, which handles the insurer’s reinsurance buying programme, told Monte Carlo Today. 12 September 2018
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