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Insurance
Talanx large losses exceed 2017 budget after 9 months, expects Q3 loss
The Talanx Group which includes Hannover Re and HDI said on Oct. 27 that large losses in the first 9 months of 2017 have exceeded the full year budget and that it expects to report a loss in the third quarter.   27 October 2017
Insurance
PartnerRe completes Aurigen acquisition
Bermuda-based PartnerRe has completed the acquisition of North American life reinsurance company Aurigen Capital, according to a statement.   4 April 2017
Insurance
Rate increases likely to continue in 2018, says S&P in renewals report
Rates will likely continue to increase through 2018 as opposed to fizzling out, S&P Global Ratings has suggested in a new report.   25 January 2018
Insurance
Swiss Re and India’s National Insurance Academy sign MoU on skills
Swiss Re's Global Business Solutions unit in India has signed a memorandum of understanding (MoU) with country’s National Insurance Academy (NIA), to collaborate as a technical partner on its academic activities and programmes.   25 January 2018
Insurance
Towergate parent in £800m debt issuance
KIRS Group, the holding company being created to combine Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate, is launching a secured bond offering for an aggregate principal amount of £800 million, alongside committing to enter into a £90 million super senior revolving credit facility.   25 May 2017
Insurance
Liberty reshuffles leadership, restructures P&C, sells $3.3bn life business
Boston-based Liberty Mutual Insurance is reorganising its property/casualty (P&C) while appointing a new chief financial officer and selling its life business for $3.3 billion.   22 January 2018
Insurance
Reinsurers face $1bn Harvey claim from FEMA
The US Federal Emergency Management Agency (FEMA) is submitting a claim to recover the full $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program.   6 December 2017
Insurance
Assurant appoints non-executive director to UK board
Assurant, a provider of risk management solutions, has appointed Colin Kersley as a non-executive director to its UK board, which heads its European operation.   22 May 2017
Insurance
Ryan Specialty Group acquires marine MGA Trident
Ryan Specialty Group (RSG) Underwriting Managers has signed an agreement to acquire specialty marine managing general agency (MGA) Trident Marine Managers.   27 February 2017
Insurance
AmTrust Reinsurance widens Maiden’s Q4 loss
The performance of Maiden’s AmTrust Reinsurance segment deteriorated in the fourth quarter 2017 and full year, impacting Maiden’s financial performance.   28 February 2018

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