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Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) is making changes to its management board as chief regions and markets officer, Carsten Scheffel retires at the end of June, 2018. 18 December 2017
Insurance
Munich Re has agreed to purchase an additional 11 percent of the shares in Global Aerospace Underwriting Managers, taking its stake to 51 percent. 15 December 2017
Insurance
Vienna Insurance Group (VIG) is merging two of its Czech group companies and units in Croatia following similar steps in Hungary, Slovakia and Austria. 15 December 2017
Insurance
Marine insurance provider Skuld said that the contingency reserve reached a record high of $421 million in the first nine months of 2017, up 15.6 percent compared to the same period of 2016. 15 December 2017
Insurance
Netherland-based insurance group Aegon has elected William Connelly as the next chairman of its supervisory board as Robert Routs decided to step down at the next annual general meeting of shareholders (AGM) in May 2018. 15 December 2017
Insurance
German insurance group Talanx has coordinated €832 million of senior bond financing to the Borkum Riffgrund 2 offshore wind farm to boost yields in the current low-interest rate environment. 12 December 2017
Insurance
German insurance giant Allianz has extended its cooperation with UK-based motor insurance provider Marmalade, turning Allianz Insurance into a telematics service provider for their young driver offering. 11 December 2017
Insurance
The insured property losses caused by extratropical cyclone Herwart that affected Austria and Germany in October are estimated to be at €252 million, according to data provider PERILS. 11 December 2017
Insurance
AM Best has revised the outlooks for the main non-life insurance subsidiaries of Zurich Insurance Group to stable from negative following corrective actions by the management on the group’s property & casualty (P&C) operations. 11 December 2017
Insurance
Lloyd’s CEO Inga Beale commented on the news that the UK and EU plan to move to the next phase of Brexit talks. 8 December 2017
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