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European run-off specialist DARAG and asset manager New Nordic Advisors have acquired two portfolios of Denmark-based Qudos Insurance, the control of which New Nordic acquired in 2017 via a joint cell structure. 14 May 2018
News
Having given up on reinsurance in recent decades, some large insurers have had a change of heart as they seek diversification and the access to the capital markets which reinsurers have developed in recent years. Is their bet that they can handle these volatile risks—and that their shareholders will back them—a risky one? Intelligent Insurer investigates. 14 May 2018
Insurance
Talanx group units Hannover Re and HDI Global are merging their specialty activities in a new joint venture in order to capture global growth and high-margin specialty business. 11 May 2018
Insurance
Compre, a European re/insurance legacy specialist focused on the acquisition and management of discontinued non-life portfolios, has hired QBE's Simon Hawkins as new chief operating officer (COO). 11 May 2018
Insurance
Talanx grew premium income by 8.3 percent year on year to €10.6 billion in the first quarter of 2018 as the group expands outside Germany. 11 May 2018
Insurance
French insurer AXA has priced its offering of $750 million of bonds mandatorily exchangeable for a number of shares of common stock of its US subsidiary AXA Equitable Holdings (AEH). 10 May 2018
Insurance
Thousands of London taxi and minicab drivers received a text message telling them their insurance had been cancelled, BBC News reported on May 9. 9 May 2018
Insurance
Prudential Financial unit Prudential Retirement has struck a longevity reinsurance agreement with Pension Insurance Corporation. 9 May 2018
Insurance
Aon CEO Gregory Case expects new regulation to more than double reported cyber losses. 9 May 2018
Insurance
Zurich Insurance Group has seen growth in its property/casualty (P&C) business in Latin America and Asia Pacific, but this expansion was offset by actions focusing on profitability in North America. 9 May 2018
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