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Insurance
European legacy acquirer DARAG Group has signed a new portfolio transfer agreement with German re/insurer SOVAG. The legacy book comprises direct insurance and inwards reinsurance business. 5 August 2019
Insurance
Prudential Financial, through its business unit Prudential Retirement, has entered into a longevity reinsurance agreement covering UK retirees with life and pensions consolidator Phoenix Group. 5 August 2019
Insurance
Re/insurer Hudson Structured Capital Management (HSCM Bermuda) has appointed Jeff Sangster to the post of partner, chief financial officer (CFO) and head of strategy. 5 August 2019
Insurance
Insurer Allianz has appointed Heidi Shepherd to the post of commercial motor portfolio manager, responsible for the profitable growth of complete mini fleet, taxi and truck products. 5 August 2019
Insurance
London-based reinsurance, wholesale and specialty broker Ed has appointed David Lim as CEO of retail, Singapore and head of marine, Asia Pacific. 5 August 2019
Insurance
The Association of Bermuda Insurers and Reinsurers (ABIR) has elected Hamilton CEO Pina Albo as its deputy chair, and added Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group to its membership. 18 July 2019
Insurance
Specialist re/insurer Hiscox expects to deliver between $150 million and $170 million in profit before tax in its 2019 half year results, despite a “significant” and “continued deterioration” in the insurance market caused by 2018 catastrophe events such as Typhoon Jebi in Japan and Hurricane Michael in Florida. 12 July 2019
Insurance
Lloyd’s six bold initiatives receive 'outstanding' support from market participants and stakeholders
Lloyd’s of London has received "widespread backing" from its market participants and stakeholders on its recently-launched strategic plan of transformational initiatives, including simplifying market access and lowering costs, to ensure the 333-year-old marketplace can thrive in an increasingly challenging environment. 12 July 2019
Insurance
French reinsurer SCOR SE has entered into a new liquidity contract with Exane, following changes in the regulations relating to liquidity agreements. 12 July 2019
Insurance
The Association of British Insurers (ABI) has appointed Allianz Insurance chief executive Jon Dye as its new chairman, replacing Amanda Blanc who resigned last week. 12 July 2019
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