Articles
Insurance
Spain’s insurance group Mapfre is acquiring full control of the Brazilian non-life and life businesses of its strategic venture with Banco do Brasil for €546 million. 27 June 2018
Insurance
Berlin-based start-up Coya has been granted an insurance license by the German Federal Financial Supervisory Authority (BaFin). 26 June 2018
Insurance
QBE Re, the specialist reinsurance division of Australia's QBE Insurance Group, has appointed Stephen Postlewhite as deputy global chief underwriting officer. 26 June 2018
Insurance
Italy's Generali Group has increase its stake in the Future Generali insurance ventures in India to 49 percent from 25.5 percent as part of its strategic expansion plan in Asia. 26 June 2018
Insurance
Dutch EXIN Group has settled all pending litigation and disputes with US investor Calamos Family Partners. 26 June 2018
Insurance
Munich Re wants to strengthen its asset management unit, perhaps through cooperating with partners, the company’s chief said in an internal memo, according to a Reuters report. 25 June 2018
Insurance
Managing agencies slightly favour the use of the Lloyd's Brussels subsidiary (57 percent) over the creation of their own EU subsidiary (43 percent), according to a survey with Lloyd’s market chief operating officers (COOs) commissioned by the Lloyd’s Market Association (LMA). 25 June 2018
Insurance
A wave of floods and storms that hit France during the spring is estimated to have the country’s insurers some €430 million, Reuters reported on June 25 citing the FFA French insurance federation. 25 June 2018
Insurance
Financial and professional lines dominate the adoption of the digital Placing Platform Limited (PPL) at Lloyd’s, binding just under 60 percent of their risk over the platform while most major classes are binding over 10 percent, according to data published by the London Market Group. 25 June 2018
News
German reinsurer Munich Re is in talks to sell its asset management division to US fund manager Guggenheim Partners, Reuters reported on June 21 citing a person familiar with the matter. 22 June 2018
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