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Insurance
Insurance group Allianz has signed a binding agreement to acquire 98 percent of Nigerian insurer Ensure Insurance from its core shareholder Greenoaks Global Holdings (GGH). 30 August 2017
Insurance
Bermuda-based AXIS Capital Holdings said on Aug. 29 that Novae Group shareholders approved the terms of the acquisition offer which will form a global specialty re/insurer with gross written premiums in excess of $6 billion. 29 August 2017
Insurance
Aviva said on Aug. 25 that it decided to sell its entire 50 percent stake in its joint venture in Italy, Avipop Assicurazioni and its wholly owned subsidiary Avipop Vita (AV) to Banco BPM. 25 August 2017
Insurance
AXIS Capital Holdings said on Aug. 24 that it raised its cash offer to acquire Novae Group to £477.6 million, or 715 pence in cash for each Novae share. 25 August 2017
Insurance
The Association of British Insurers (ABI) said on Aug. 24 that the prospect of owners of off-road vehicles needing insurance is unnecessary, unworkable and unfair. 24 August 2017
Insurance
UK non-life insurers are set to increase motor and household premiums to counteract claims inflation, Fitch Ratings said on Aug. 24. 24 August 2017
Insurance
The Mw 6.0 earthquake which impacted Central Italy on 24 August 2016 will now cost the insurance industry €108 million, much higher than the €66 million originally suggested three months after the event, according to PERILS, the catastrophe insurance data firm. 24 August 2017
Insurance
RMC Group, a provider of insurance, risk management, retirement and actuarial consulting services, has opened two new offices in the UK as it seeks growth in both the UK and Europe. 23 August 2017
Insurance
German non-life insurers will continue increasing premiums to offset declining yields in their investment portfolios, Fitch has suggested in a new report. 23 August 2017
Insurance
Data provider PERILS said on Aug. 23 that its third loss estimate for windstorm Thomas, also known as Doris, was €249 million. 23 August 2017
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