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Brona Magee has been appointed deputy CEO of SCOR Global Life and joins the group's executive committee.   5 September 2018
Insurance
Germany-based legal expenses insurance provider ARAG has teamed up with insurtech startup Dinghy to offer legal services and protection to freelance professionals.   5 September 2018
SCOR rejects takeover offer by Covéa
Insurance
French mutual insurance company Covéa proposed to acquire a majority stake in SCOR but the proposal was met with unanimous opposition from SCOR's executive committee.   4 September 2018
Insurance
Bermuda specialty re/insurer Sompo International Holdings has unveiled a new subsidiary in Luxembourg, which will cover business written in Continental Europe and have branches in Belgium, France, Germany, Italy, Spain and the UK.   4 September 2018
News
Munich Re is to acquire software company relayr via its subsidiary, Hartford Steam Boiler (HSB), as it looks to create new business models in the industrial Internet of Things (IoT).   4 September 2018
Insurance
RSA Insurance Group's new European office in Luxembourg will be led by Richard Turner who previously oversaw the company's EU business from the UK, and has relocated to take up the role.   4 September 2018
Insurance
CCR Re has enjoyed strong growth since it was launched in January 2017. For the first half of 2018, it posted premium income of €381 million, a 12 percent increase on the same period a year earlier, and net profit of € 17 million, equal to its profit for the whole of 2017.   4 September 2018
News
NewRe, a wholly owned subsidiary of Munich Re, has appointed Artur Klinger as new chief underwriting officer for the property and casualty business.   3 September 2018
Insurance
Germany-based insurance group Allianz is consolidating its European direct business by establishing a new pan-European risk carrier and has appointed Bart Schlatmann CEO of this operation.   31 August 2018
Insurance
Amazon’s rumoured plan to set up an insurance price comparison service is unlikely to cause much impact in the insurance industry and there would be far more disruptive opportunities for Amazon to enter the market, insurtech Bought By Many co-founder Steven Mendel, told Intelligent Insurer.   30 August 2018

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