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Swiss Re, SoftBank end investment negotiations
Insurance
Swiss Re and SoftBank Group have agreed to end discussions about a potential minority investment of SoftBank in Swiss Re.   28 May 2018
Insurtech to lift Lloyd’s commercial lines to next level
News
Insurtech firms have been transforming the personal lines business by delivering new applications and products for clients. But now it’s time for new technology to upgrade the commercial side of the insurance business, as Trevor Maynard, Lloyd’s head of Innovation, commercial, suggested to Intelligent Insurer.   25 May 2018
Insurance
Global re/insurer MS Amlin has appointed a new chief operating officer (COO) and chief people officer as new CEO Simon Beale repositions the business for the long term.   24 May 2018
Insurance
AM Best has placed under review with negative implications the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” of International Insurance Company of Hannover SE (Inter Hannover) (Germany), a wholly owned subsidiary of Hannover Re.   24 May 2018
Insurance
Former Zurich head of financial lines Markus Haefeli and former Zurich head of financial institutions financial lines, Peter Schroeder, have launched Haefeli & Schroeder, an insurance broker specialising in financial lines.   24 May 2018
Insurance
Amercian International Group (AIG) EMEA saw cyber claims go up significantly in 2017, reaching a total as high as in the previous four years combined, driven by ransomware attacks and cyber business interruption.   24 May 2018
Insurance
Specialty re/insurer Canopius has appointed Stephan Ott as its new head for Continental Europe, reinsurance.   24 May 2018
Insurance
The CEO and chairman of Austria’s UNIQA Insurance Group, Andreas Brandstetter, has been elected president of the European insurance and reinsurance federation (Insurance Europe) for a term of three years.   24 May 2018
Insurance
French insurer AXA and car-hailing app Uber have partnered to offer benefits to all Uber’s independent partner drivers and couriers in Europe.   23 May 2018
Insurance
Millstream Underwriting, part of specialty managing general agent Nexus Group has become an approved Lloyd’s coverholder.   23 May 2018

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