Articles

Insurance

Deutsche Rück boss quits; hunt starts for successor

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

Allianz and Liverpool Victoria push ahead with JV

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

California wildfires will cost insurers $9bn: insurance commissioner

The recent wildfires in California will cause some $9 billion in insured losses, making them the deadliest and costliest wildfire catastrophes in California's history, according to California’s insurance commissioner Dave Jones.   13 December 2018

Insurance

BGC Partners to acquire Ed Broking Group

London-based reinsurance, wholesale and specialty broker Ed is to be acquired by BGC Partners, a global brokerage and financial technology company.   29 October 2018

News

RGA’s US group business ‘disappoints’ in Q2

While the US individual mortality business bounced back in the second quarter of 2018, the US group business of life reinsurer RGA disappointed, according to CEO Anna Manning.   27 July 2018

Insurance

Goldie predicts smoother seas ahead for reinsurance market

The reinsurance market could see the vertiginous market pricing cycles of the past replaced with a much smoother ride, Charles Goldie, chief executive officer of property & casualty at PartnerRe, told PCI Today.   28 October 2018

Insurance

XL Group shareholders approve $15.3bn merger deal with AXA

The common shareholders of property/casualty commercial lines re/insurer XL Group have approved an agreement to be 100 percent acquired by French insurer AXA for $15.3 billion, to be fully paid in cash.   7 June 2018

Insurance

MGA capacity set to grow but carriers split on direction of travel, finds Clyde & Co survey

Fourth fifths (80 percent) of carriers expect to increase MGA capacity in 2019, according to a survey of more than 100 insurers and MGAs conducted by global law firm Clyde & Co.   1 July 2019

Insurance

Lloyd's hires US Northeast regional director from BMS

Lloyd’s, the specialist insurance and reinsurance market, has appointed Dawnmarie Black as US Northeast regional director.   21 March 2018

Insurance

Allianz invests in mobile bank

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

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