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Insurance
Assurant, a provider of risk management solutions, and The Warranty Group, a provider of protection plans and related programmes and a portfolio company of TPG Capital, have amended the structure of their $2.5 billion transaction, previously announced on October 18, 2017. 9 January 2018
Insurance
Aon has appointed Edward Smerdon as head of legal and technical within the Financial and Professional Services division of its London-based Global Broking Centre (GBC). 9 January 2018
Insurance
AXIS Insurance, a business segment of Bermuda-based AXIS Capital Holdings, has promoted Nicole Lim to deputy chief underwriting officer, Singapore. 8 January 2018
Insurance
Arno Junke, the chief executive of Deutsche Rück and the Association of German Public Insurers (VöV), has left both positions as of December 31, 2017. 2 January 2018
Insurance
US insurers will need to be nimble if they are to maximise the potential benefits – and overcome potential pitfalls – stemming from US tax reforms, according to S&P Global Ratings, in a new report called ‘US Tax Reform: A Mixed Bag Of Goods For Life, Health, and P/C Re/Insurers.’ 2 January 2018
Insurance
Allianz Group and Liverpool Victoria Friendly Society (LV=) have completed the first stage in the creation of their joint venture and strategic partnership through the planned sale of 49 percent stake in LV=’s UK General Insurance businesses (LV=GI) to Allianz Group. 2 January 2018
Insurance
Broker Ed has poached a senior marine expert from Aon Risk Solutions to head up its marine unit. 2 January 2018
Insurance
Starr Companies has appointed Jose Cuisia as chairman of Starr International Insurance Philippines branch, a branch of Starr International Insurance (Asia), a company established and licensed to write general insurance in Hong Kong. 2 January 2018
Insurance
Tempcover, a UK-based online temporary insurance platform, has completed a £13.3 million management buy-out (MBO) backed by £7.5 million from Connection Capital, the specialist private client investment business alongside a £5.75 million debt package from Santander. 2 January 2018
Insurance
Pioneer Underwriters has launched a new ocean marine underwriting capability with the appointment of Zach McAbee as head of the new unit. 2 January 2018
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