Articles
Insurance
Singapore-based insurtech UEX has raised S$1.3 million (approximately $1 million) of funding from French insurance broker Verspieren to strengthen its presence in the Singaporean market. 26 February 2018
Insurance
Standard Life Aberdeen is selling its insurance business to UK-based insurance services provider Phoenix Group for a total consideration of £3.24 billion. 23 February 2018
Insurance
Swiss Re has posted a loss in property/casualty reinsurance and corporate solutions, with life & health helping to prevent a group loss in 2017. 23 February 2018
Insurance
German insurer Allianz is launching a further tender offer for the remaining 5 percent of Euler Hermes shares held by minority shareholders that would result in a squeeze-out procedure and delisting of the trade credit insurer's shares from the Euronext Paris stock exchange. 23 February 2018
Insurance
Bermuda-based Enstar Group has signed an agreement with an Australian subsidiary of Zurich Insurance Group to reinsure its New South Wales Motor Vehicle Compulsory Third Party (CTP) insurance business. 23 February 2018
Insurance
French insurer AXA has entered into an agreement to sell all of its insurance operations in Azerbaijan, according to a Feb. 21 press release. 23 February 2018
Insurance
UK insurer RSA has posted a jump in net profit in 2017 despite underwriting losses in the London Market. 22 February 2018
Insurance
French insurer AXA has posted a record net profit for 2017 as the health business boosts growth. 22 February 2018
Insurance
French reinsurer SCOR has seen its net profit halve in 2017 compared to 2016 as it absorbs significant nat cat losses while at the same time expanding the business. 22 February 2018
Insurance
Munich Re’s Digital Partners has entered into a long-term strategic partnership with insurtech home insurer Buzzvault, according to a Feb. 20 press release. 20 February 2018
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