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Allianz is acquiring the remaining 51 percent of Liverpool Victoria Friendly Society's (LV='s) general insurance business that it does not already own, for up to £578 million, and taking full owndership of Legal & General Insurance for £242 million, to become the second largest general insurer in the UK. 31 May 2019
Insurance
The blockchain insurance industry initiative B3i has grown its investor based as SBI Group confirmed it has become an investor via its SBI AI & Blockchain Fund. 29 May 2019
News
Swiss Re’s latest Sigma report highlights the dangers of so-called secondary losses—which can still pack a nasty punch. Intelligent Insurer investigates. 23 May 2019
Insurance
Former Lloyd’s of London’s chief financial officer John Parry has joined Bermuda-based insurance group Armour as its group CFO. 22 May 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has hired Udo Pützer to join the company’s European insurance platform as head of financial lines insurance, Germany. 21 May 2019
Insurance
US personal auto insurer Safe Auto Insurance Group has filed for an initial public offering (IPO) of its common shares to raise up to $50 million. 21 May 2019
Insurance
Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has strengthened its excess & surplus (E&S) casualty group with the addition of two new hires in Chicago. 13 May 2019
Insurance
Ryan Specialty Group (RSG) has teamed up with insurance and financial services provider Nationwide to launch a new reinsurance company based in Bermuda, Geneva Re. 7 May 2019
Insurance
Capital earmarked for the global reinsurance industry fell by 5 percent in 2018, according to analysts at Willis Re. 23 April 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has appointed Thomas Brazil as the new chief executive officer of SI Insurance (Europe), the company’s platform for European Economic Area (EEA) insurance business. 23 April 2019
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