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Insurance
S&P Global Ratings upgraded aviation re/insurer Aviabel Belge d'Assurances Aviation after its acquisition by Bermuda-based property/casualty (re)insurer AXIS Capital Holdings. 10 April 2017
Insurance
California-based insurtech start-up Trov has closed $45 million in Series D funding led by Munich Re through its venture capital arm HSB Ventures. 7 April 2017
Insurance
Dutch insurance and asset management company NN Group has signed an agreement to sell its Luxembourg insurance business to Global Bankers Insurance Group. 7 April 2017
Insurance
Reinsurance capacity has reached a new peak in 2016 and is likely to further contribute to price declines, according to research by broker Aon Benfield. 6 April 2017
Insurance
European run-off insurance company DARAG has entered an agreement to acquire all shares of Stockholm-based Swedish insurance company Ikano Försäkring, a part of Ikano Group. 6 April 2017
Insurance
The CEO of property/casualty insurer Chubb has criticised the “abusive behaviour” on the part of some brokers when addressing shareholders in the 2016 annual report. 6 April 2017
Insurance
Zurich-based catastrophe insurance data provider PERILS has estimated the initial insured property market loss from extra-tropical cyclone Thomas at €213 million. 6 April 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Alexandra Paton as head of Continental Europe for global financial risks (GFR). 6 April 2017
Insurance
Lloyd’s of London has appointed new members to the Council of Lloyd’s and the market’s franchise board. 6 April 2017
Insurance
Insurance lobby groups have expressed their disapproval of EIOPA’s new Ultimate Forward Rate (UFR) methodology will be applied for the first time in the calculation of the risk-free interest rates of January 2018. 6 April 2017
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