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Vienna Insurance Group (VIG) said on June 26 that chief financial officer (CFO) Martin Simhandl is resigning for personal reasons. 27 June 2017
Insurance
Property/casualty insurer Chubb has completed the integration of its key operating companies in Europe. The announcement follows the acquisition of Chubb Corporation by ACE in January 2016, creating a global insurance firm operating in 54 countries. 4 May 2017
Insurance
UK insurer RSA incurred a net charge of around £40 million in the UK relating to the change in Ogden discount rate but was able to more than offset it through positive reserve development elsewhere in the group, the company said in its 2017 Q1 trading update. 4 May 2017
Insurance
American International Group (AIG) has completed the sale of its Japan life insurance business, AIG Fuji Life Insurance (AFLI), to FWD Group, the insurance segment of Pacific Century Group. 2 May 2017
Insurance
Specialist insurer Beazley has expanded its international specialty lines team with the appointment of Estefania Taboada and Ana Misol as financial lines underwriters in Barcelona. 27 October 2017
Insurance
Blockchain technology company Bitfury Group and risk and insurance advisory firm Risk Cooperative have entered into a strategic partnership to drive blockchain applications in the $60 billion insurance intermediation market. 19 June 2017
Insurance
Armour, a P&C run-off insurance business, has raised some $500 million in equity commitments in partnership with an investor group led by Aquiline Capital Partners, a New York-based private equity firm. It will form a new reinsurer with the money. 4 January 2018
Insurance
XL Group's group chief enterprise risk officer (CERO) Jacob Rosengarten has retired. His successor has been named as Fielding Norton, previously deputy CERO. 4 January 2018
Insurance
Arc Legal Assistance has launched a personal cyber support policy providing household insurance customers with access to expert support, restoration services and cover for cyber-attacks. 4 January 2018
Insurance
Local developments in China and India have primed both economies for substantial onshore capacity growth, according to a September 2017 Moody’s report covering reinsurance in Asia, China and India are Primed for Onshore Capacity Growth. 31 October 2017
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