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Re/insurer XL Group has revealed several organisational and leadership changes ahead of the planned integration with the AXA Group. The move has led to the departure of top executives such as chief executive of global lines Doug Howat and chief experience officer Paul Jardine. 15 May 2018
Insurance
Belgium-based reinsurance managing general agency (MGA) FourteenZeroFive and marine group 24Vision.Solutions formed a joint venture to facilitate the take up of reinsurance for engineering and energy placements across Africa. 15 May 2018
Insurance
Allianz has benefited from better underwriting result in the first quarter of 2018 in property/casualty (P&C) but investment income mostly offset this improvement. 15 May 2018
Insurance
Insurtech startup Marshmallow has won a trademark case against insurance broker Marsh. 14 May 2018
Insurance
The European Insurance and Occupational Pensions Authority (EIOPA) has launched its fourth stress test for the European insurance sector which aims to assess insurers’ vulnerabilities. 14 May 2018
Insurance
The initial public offering (IPO) of AXA’s US unit was priced below the indicative price range but the proceeds, combined with a bond issue will still substantially secure the funding for AXA's planned acquisition of XL Group, according to Moody’s. 14 May 2018
Insurance
European run-off specialist DARAG and asset manager New Nordic Advisors have acquired two portfolios of Denmark-based Qudos Insurance, the control of which New Nordic acquired in 2017 via a joint cell structure. 14 May 2018
News
Having given up on reinsurance in recent decades, some large insurers have had a change of heart as they seek diversification and the access to the capital markets which reinsurers have developed in recent years. Is their bet that they can handle these volatile risks—and that their shareholders will back them—a risky one? Intelligent Insurer investigates. 14 May 2018
Insurance
Talanx group units Hannover Re and HDI Global are merging their specialty activities in a new joint venture in order to capture global growth and high-margin specialty business. 11 May 2018
Insurance
Compre, a European re/insurance legacy specialist focused on the acquisition and management of discontinued non-life portfolios, has hired QBE's Simon Hawkins as new chief operating officer (COO). 11 May 2018
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