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Insurance
Swiss Re has hired Andreas Berger from Allianz Group as chief executive of Swiss Re Corporate Solutions. 24 September 2018
Insurance
French cooperative insurer Covéa is working on a new approach to its planned takeover of reinsurer SCOR after its friendly €8.2 billion offer was rejected earlier in September, Reuters reported citing “two sources close to the deal”. 18 September 2018
Insurance
Insured losses from Hurricane Florence will be around $2.5 billion, according to KCC estimates. 18 September 2018
Insurance
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
Insurance
The US Congress has enacted a short-term extension to the National Flood Insurance Program (NFIP) through November, preventing the programme to lapse during peak hurricane season. 26 July 2018
Insurance
Marsh has created a non-payment insurance product designed for banks and capital market investors that are funding new aircraft purchases from Boeing. 2 June 2017
Insurance
XL Group hopes that being owned by AXA will help open up new markets for its specialty products, Gregory Hendrick, XL president, property & casualty, said on a March 5 presentation on the deal. 5 March 2018
Alternative Risk Transfer
The future of Markel CatCo looked less certain today as the company’s board said it would “recommend an orderly run-off” of the firm's portfolios. 1 March 2019
Insurance
California-based cyber insurance start-up At-Bay has secured a $13 million Series A funding. 14 May 2018
Insurance
Japan’s property/casualty insurer Tokio Marine is looking for acquisitions in Asia with a $9 billion war chest as potential deals in Europe and the US become expensive, Reuters reported citing CEO Tsuyoshi Nagano. 26 June 2018
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