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Insurance
NN Group and Delta Lloyd have reached a conditional agreement under which NN Group will buy Delta Lloyd for €5.4 per share which equates to €2.5 billion. The companies said the deal has been driven by competitive market conditions and the capital requirements of Solvency II. 23 December 2016
Insurance
Yachtpod Risk Partners has launched an underwriting cell on the Castel Underwriting Agencies managing general agent (MGA) formation platform to offer dedicated superyacht insurance on a global basis. 30 March 2017
Insurance
Fairfax Financial and Mitsui Sumitomo Insurance Company have unveiled a global strategic alliance that revolves around the latter buying the majority of Singapore-based First Capital Insurance from Fairfax but which also has wider implications for the way the two companies manage their reinsurance buying. 24 August 2017
Insurance
The president and chief executive officer of AEGIS, Alan Maguire, has decided to retire, following a 20-year career at the company. 27 September 2016
Insurance
Napa River Insurance Services (Napa River), a wholly-owned subsidiary of Hudson Insurance Group (Hudson), has expanded its service offerings to include public entities and municipalities. 9 September 2016
Insurance
Maiden Holdings increased its net income substantially in the third quarter of 2016 while the two reinsurance segments it operates through, Diversified Reinsurance and AmTrust Reinsurance, enjoyed solid growth. 3 November 2016
Insurance
London-based Barbican Insurance Group has appointed Jacqueline Wiffen as a class underwriter for upstream energy. She will report to Olivier Decombes, divisional head of energy, power and utilities. 10 May 2017
Insurance
France-based credit insurance company reported lower net income for the first quarter of 2017 but the combined ratio improved as the company implements actions to protect profitability. 8 May 2017
Insurance
Bruce Carnegie-Brown is to become the chairman of Lloyd’s following a meeting of the Council of Lloyd’s where his appointment as successor to John Nelson was approved unanimously. 20 February 2017
Insurance
Acadian Managers, a general insurance agency, has entered into an agreement with Spinnaker Insurance Company to underwrite and market Spinnaker’s homeowners and swelling fire products in Louisiana. 26 May 2016
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