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Insurance
Italian insurer Generali has promoted Marco Sesana to the position of country manager for Italy and appointed Timothy Ryan as its group chief investment officer (CIO).   13 December 2016
Insurance
Insurance Europe, the European insurance and reinsurance federation, has described recent negotiations between the EU and the US on a bilateral agreement on re/insurance as encouraging and called for a swift end to what it called highly discriminatory US statutory collateral requirements.   13 December 2016
Insurance
Guy Carpenter has promoted James Nash to a newly-created role of president of its international division. He will relocate to London and report to the president and chief executive officer Peter Hearn.   13 December 2016
News
Continued market challenges will hinder the potential for positive rating actions and may translate into negative rating pressures in 2017, AM Best said as it is maintaining its negative outlook for the global reinsurance market.   13 December 2016
Insurance
Investment management firm Invesco has appointed Ed Collinge as the head of its UK insurance team, a newly created position.   12 December 2016
News
European asset management firm Amundi has acquired Italy headquartered Pioneer Investments for an all-cash deal of €3,55 billion.   12 December 2016
Insurance
Zurich has entered an agreement to acquire Cover-More, a provider of travel insurance and assistance solutions, to expand its travel insurance business.   12 December 2016
Insurance
Aviation renewals in November has shown a tightening of underwriting discipline, suggesting a change in soft market conditions.   12 December 2016
Insurance
Vienna Insurance Group (VIG) has reiterated its commitment to its growth strategy in Central Eastern Europe (CEE) following its recent acquisition of AXA’s life and non-life insurance companies in Serbia.   9 December 2016
Insurance
The European Insurance and Occupational Pensions Authority (EIOPA) has published a Discussion Paper on the ‘Review of Specific Items’ in the Solvency II Delegated Regulation focusing on the Solvency Capital Requirement (SCR) standard formula.   9 December 2016

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