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Samsung acquires 'strategic stake' in Lloyd's insurer Canopius
Insurance
Samsung acquires 'strategic stake' in Lloyd's insurer Canopius
Specialty re/insurer Canopius has signed an agreement with Korea's Samsung Fire & Marine Insurance (SFMI) that will see SFMI become a significant minority investor in the company.   3 May 2019
Talanx acquires P&C insurer from Munich Re ERGO to expand in Turkey
Insurance
Talanx acquires P&C insurer from Munich Re ERGO to expand in Turkey
German re/insurer Talanx, the parent company of Hannover Re and HDI, has acquired property/casualty insurer ERGO Sigorta AS from a Munich Re subsidiary to further expand its activities in Turkey.   3 May 2019
Argo fights back against Voce ‘falsehoods’ with detailed SEC filing
Insurance
Argo fights back against Voce ‘falsehoods’ with detailed SEC filing
Re/insurer Argo Group has fought back against “Voce Capital’s continued falsehoods” by reiterating its “strong track record” and work to drive growth and value for shareholders, as the war of words with the activist investor shows no signs of abating.   3 May 2019
Insurance
US insurtech Indio secures $20m funding for business insurance platform
Indio Technologies, an insurtech company that streamlines the business insurance application process, has secured $20 million in Series B funding led by Menlo Ventures, with participation from 8VC.   3 May 2019
Insurance
McLarens picks Cunningham Lindsey's Pigot as global head of specialty, London markets director
Global loss adjuster McLarens has hired David Pigot for the newly created role of director of London markets & global head of specialty.   3 May 2019
Insurance
Markel taps AIG's Guenter Kryszon for global property role
Specialist insurer Markel Corporation has appointed AIG's Guenter Kryszon to the position of executive underwriting officer for global property.   3 May 2019
Insurance
Insurance Council of Australia adds Zurich, Allianz execs to board
The Insurance Council of Australia (ICA) has strengthened its board with the appointment of two new directors.   3 May 2019
Insurance
AXIS poaches Chubb's Tony Jordan for group chief actuary role
Bermuda-based AXIS Capital Holdings has hired Tony Jordan as its group chief actuary. He joins from Chubb.   3 May 2019
Insurance
Italy's Generali to invest €1bn in new asset management company ThreeSixty Investments
Italian insurer Generali Group is creating a new asset management company, called ThreeSixty Investments, with an investment of €1 billion in the first fund as strategic capital.   11 April 2019
Insurance
Zurich, CoverWallet expand SME insurance platform in Europe following "exceptional results"
Zurich Insurance Group and insurtech start-up CoverWallet have expanded their insurance platform for small and medium-enterprise (SMEs) to Switzerland — the second European country after Spain to implement the innovative model.   11 April 2019

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