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Hannover Re has boosted gross premium by 17.6 percent year on year to €5.3 billion, an increase of 27.5 percent adjusted for exchange rate effects. 8 May 2018
Insurance
Bermuda-based property and casualty re/insurer Sompo International Holdings (SIH) has completed the integration of Sompo Japan Nipponkoa Insurance Company of Europe (SJNKE) on May 1 with SJNKE becoming a wholly-owned subsidiary of SIH. 8 May 2018
Insurance
Munich Re has increased premium volume by 8.1 percent year on year in the April 1, 2018 renewals to around €1.6 billion as the reinsurer took advantage of opportunities in India and Japan. 8 May 2018
Insurance
HDI Global, the industrial insurer of the Talanx group, has made personnel changes in its management board following the departure of Joachim ten Eicken. 8 May 2018
Technology
Managing general agents are partnering with insurtech firms—a trend that could transform the sector and the very nature of MGAs, Peter Staddon, managing director of the Managing General Agents’ Association, tells Intelligent Insurer. 4 May 2018
Insurance
The chief financial officer of Swiss Re has refused to deny that the reinsurer is in talks with companies other than SoftBank in relation to selling a stake in the company. 4 May 2018
Insurance
Italian insurance group Generali has increased operating results in its property/casualty (P&C) segment by 14.1 percent year on year to €528 million in the first quarter of 2018 due to improvements in the non-catastrophe loss ratio. 4 May 2018
Insurance
Swiss Re enjoyed strong growth in the first quarter driven by its L&H Re and in Life Capital units but its profits were effected by a change in US GAAP accounting covering guidance on recognition and measurement of equity investments, which meant it took a $280 million hit to its net profit. 4 May 2018
Insurance
Global loss adjuster McLarens is expanding its offering in the UK’s Midlands with the opening of a new office in Nottingham, in addition to promotions in the region. 3 May 2018
Insurance
Validus Holdings unit Talbot Underwriting has hired from Zurich Insurance and Ironshore as it expands the global political risk and credit operations. 3 May 2018
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