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Insurance
Generali's new strategy for its German operations reinforces the expectation that the volume of German life insurance portfolios in run-off will increase significantly over the next five years, according to an Oct. 9 Fitch statement. 9 October 2017
Reinsurance
SCOR said on Oct. 9 that Hurricanes Harvey, Irma and Maria, as well as the Mexico earthquakes, will cost the company €430 million net of retrocession and tax for the third quarter of 2017. 9 October 2017
Insurance
Swiss Re has reached an agreement with Japanese insurance group MS&AD for an investment into ReAssure, its closed book business, of up to ₤800 million. 6 October 2017
Insurance
Willis Towers Watson has launched a new hub to focus on facultative reinsurance business across the DACH region of Germany, Austria, and Switzerland. 4 October 2017
Insurance
Bermuda-based holding company Everest Re Group has been granted in-principle approval by the Central Bank of Ireland to operate as an authorised non-life insurer in Ireland. 3 October 2017
Insurance
Specialist insurer Tokio Marine HCC has reached a definitive agreement to acquire the medical stop-loss operations of American International Group (AIG), through its wholly owned subsidiary HCC Life Insurance Company. 3 October 2017
Insurance
Conifer Holdings has announced several strategic initiatives designed to strengthen the company's financial position and accelerate its goals of returning to profitability in the coming quarters. 3 October 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, is establishing a new specialist renewable energy team, integrating underwriting, risk engineering and claims, to expand its onshore energy offering. 2 October 2017
Insurance
Everest Re Group has hired Markus Heizmann to join Everest Reinsurance (Ireland) as head of its European credit and surety operations. 2 October 2017
Insurance
UK insurer Aviva said on Sept. 29 that it has agreed to sell its entire shareholding in its joint venture in Italy, Avipop Assicurazioni, which includes its wholly owned subsidiary Avipop Vita, to Banco BPM for a cash consideration of €265 million. 2 October 2017
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