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Australian insurer IAG has reduced the coverage provided by its catastrophe reinsurance programme having entered into a quota share agreement with Munich Re, Swiss Re and Hannover Re. 3 January 2018
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re) has signed a sales purchase agreement to buy Markerstudy’s Gibraltar-based insurance companies. 3 January 2018
Insurance
Arno Junke, the chief executive of Deutsche Rück and the Association of German Public Insurers (VöV), has left both positions as of December 31, 2017. 2 January 2018
Insurance
Allianz Group and Liverpool Victoria Friendly Society (LV=) have completed the first stage in the creation of their joint venture and strategic partnership through the planned sale of 49 percent stake in LV=’s UK General Insurance businesses (LV=GI) to Allianz Group. 2 January 2018
Insurance
The implementation of the General Data Protection Regulation (GDPR) across the EU in May is expected to have a major impact on the re/insurance market, according to many of the executives who we interviewed for our year-end questionnaire. 2 January 2018
Insurance
While the UK last-minute deal with the EU in a bid to move Brexit talks on to the next phase, the topic is likely to dominate the year of 2018, according to many of the executives who we interviewed for our year-end questionnaire. 2 January 2018
Insurance
While the consequences of Brexit are likely to impact the UK re/insurance industry in the UK for some time, the main effect may become visible in the business culture, according to executives interviewed by Intelligent Insurer for our year-end questionnaire. 29 December 2017
Insurance
One of the more specialist firms to answer our Christmas questionnaire was marine insurer Skuld, whose chief executive included on his wish-list to Santa an upturn in the shipping market and further diversification. 27 December 2017
Insurance
Zurich Insurance Group has acquired Hong Kong-based telematics business Bright Box and its subsidiaries. The insurer said it wants to increase its capabilities in connected car technologies and mobility. 22 December 2017
Insurance
Property/casualty insurer Travelers Europe has appointed Nick Rnjak to lead Travelers Syndicate Management, its wholly-owned platform in the Lloyd’s insurance market. 22 December 2017
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