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Eight catastrophe bonds totalling $2.05 billion in risk capital were completed in the second quarter of 2010, making it the second most active second quarter on record, according to a new report issued today by Guy Carpenter & Company, LLC and GC Securities. 1 September 2010
Insurance
Allianz is acquiring the remaining 51 percent of Liverpool Victoria Friendly Society's (LV='s) general insurance business that it does not already own, for up to £578 million, and taking full owndership of Legal & General Insurance for £242 million, to become the second largest general insurer in the UK. 31 May 2019
News
Reinsurance is used increasingly for earnings protection and volatility reduction by insurers whose purchasing is guided by “risk appetite statements” deployed to optimize capital management and profitability targets, according to a survey of insurers by Willis Towers Watson. 9 July 2018
Insurance
US-based specialty insurance programme administrator NSM Insurance Group, a subsidiary of White Mountains, has acquired West Midlands-based insurance broker Fresh. 22 May 2018
Insurance
Risk management provider Artex Risk Solutions is acquiring Chandler Insurance Management, according to an Oct. 31 press release. 1 November 2017
Insurance
SafeWaters Underwriting Managers is expanding its capacity for yacht insurance with support of Everest National Insurance Company. 31 October 2017
Insurance
Australian insurer IAG's non-executive director Alison Deans is set to retire from the company’s board following the annual general meeting on 20 October 2017. 5 September 2017
Insurance
US-based Topa Insurance has named Olive Chang assistant vice president of reinsurance and programmes, based in the company's Calabasas, California office. 9 June 2017
Insurance
Australia-based Insurance Australia Group (IAG) expects claim costs of A$169 million ($120.2 million) from the latest Sydney storms fully eroding the deductible attached to the calendar 2018 aggregate cover. 21 December 2018
Insurance
Cyber insurance offerings and premium volumes have expanded sizeably and accumulation risks need to be addressed in the context of a hyperconnected digital world, the Geneva Association warns. 17 August 2018
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