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Insurance
Allianz X, the digital investment unit of the Allianz Group has co-led N26’s $160 million Series C funding round and joins its board of directors alongside a list of notable investors.   20 March 2018
Negotiations on multi-year insurance contracts stall due to Brexit
Insurance
The uncertainty caused by Brexit is affecting negotiations for insurance contracts that span periods of more than three years.   16 March 2018
NFIP expiration date looms; lapse risks disrupting US housing market
Insurance
The National Flood Insurance Program (NFIP) will expire on March 23, 2018 for the third time this year if Congress fails to act and a lapse in the debt-ridden programme may disrupt the national housing market and leave countless homeowners in harm’s way if a severe storm strikes, stakeholder coalition SmarterSafer has warned.   16 March 2018
Insurance
Specialty re/insurer Brit has appointed Marsh executive Neil Walker as head of UK property.   16 March 2018
Insurance
Operations management, consulting and digital solutions provider Davies Group has made several senior executive promotions as it streamlines its business, creating three operating platforms across claims solutions, insurance services and customer solutions.   16 March 2018
Insurance
S&P Global Ratings has downgraded UK-based multiline insurance group Prudential by one notch due to the company’s demerger plan while downgrading the UK operations by two notches.   16 March 2018
Insurance
Risk management service provider Assurant has expanded its SureDeposit product, an alternative to security deposits, to commercial property owners, management companies and their tenants.   16 March 2018
Insurance
Insurance broker Marsh has joined the Enterprise Ethereum Alliance (EEA).   14 March 2018
Insurance
The second half of 2017 showed an uptick in insurance M&A deals globally for the first time since 2015 and was followed by a number of high profile transactions in 2018.   12 March 2018
Insurance
US health insurer Cigna Corporation has entered into a definitive agreement to acquire pharmacy benefit manager Express Scripts for a cash and stock transaction of approximately $67 billion, including about $15 billion in Express Scripts' debt.   8 March 2018

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