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Insurance
Dutch EXIN Group has settled all pending litigation and disputes with US investor Calamos Family Partners. 26 June 2018
Insurance
Munich Re wants to strengthen its asset management unit, perhaps through cooperating with partners, the company’s chief said in an internal memo, according to a Reuters report. 25 June 2018
Insurance
Managing agencies slightly favour the use of the Lloyd's Brussels subsidiary (57 percent) over the creation of their own EU subsidiary (43 percent), according to a survey with Lloyd’s market chief operating officers (COOs) commissioned by the Lloyd’s Market Association (LMA). 25 June 2018
Insurance
A wave of floods and storms that hit France during the spring is estimated to have the country’s insurers some €430 million, Reuters reported on June 25 citing the FFA French insurance federation. 25 June 2018
Insurance
Financial and professional lines dominate the adoption of the digital Placing Platform Limited (PPL) at Lloyd’s, binding just under 60 percent of their risk over the platform while most major classes are binding over 10 percent, according to data published by the London Market Group. 25 June 2018
News
German reinsurer Munich Re is in talks to sell its asset management division to US fund manager Guggenheim Partners, Reuters reported on June 21 citing a person familiar with the matter. 22 June 2018
Insurance
Specialist and corporate insurer Tokio Marine Kiln (TMK) is in the process of reshaping its accident & health (A&H) department so that it aligns more effectively with the company's longer-term strategic direction. 21 June 2018
Insurance
Bermuda-based Monument Re has acquired a run-off portfolio of linked and traditional business from Metlife Europe. 21 June 2018
Insurance
Lloyd’s brokers are expanding to achieve economies of scale and become more competitive, Intelligent Insurer finds out in conversation with the CEOs of Endeavour and RFIB. 21 June 2018
Insurance
American International Group (AIG) is acquiring Ellipse, a specialist provider of group life risk protection in the UK, from Munich Re. 20 June 2018
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