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Insurance
Allianz Group and Liverpool Victoria Friendly Society (LV=) will launch a joint venture that will create the third biggest personal lines insurer in the UK thanks to a deal that values LV=’s general insurance at more than £1 billion. 4 August 2017
Insurance
The appointee has more than 25 years of senior claims management experience in the London Market 18 August 2020
Insurance
The appointee has previously worked at AIG and Starr Companies. 7 February 2020
Insurance
The US Department of Justice has sued to block the "harmful" merger of broking giants Aon and Willis Towers Watson (WTW) asserting that the deal would eliminate vital competition in the market, resulting in higher prices, and reducing innovation for US businesses. The brokers have criticised the legal action stating that it reflects the department's "lack of understanding". 17 June 2021
Insurance
Losses are estimated at A$320m ($219m) 21 January 2020
Insurance
Japanese insurance group MS&AD is seeking acquisitions outside Japan to further diversify the business, CEO Yasuyoshi Karasawa said while presenting the group’s “Vision 2021” plan. 12 October 2018
Insurance
French insurer AXA and managed general agency (MGA) Gresham Underwriting (GUL) have entered into a three-year partnership under which AXA will provide £20 million of capacity. 17 April 2018
Insurance
Berkshire Hathaway recorded an overall net loss from insurance underwriting of $1.44 billion in the third quarter of 2017 compared to a net income of $272 in the same period a year ago. 6 November 2017
Insurance
LIIBA has come up with 10 principles for its members to think about as they prepare for a return to the office. 25 March 2021
Insurance
As the International Accounting Standards Board (IASB) deliberates insurance industry concerns with International Financial Reporting Standard 17 (IFRS 17), significant revisions appear unlikely, according to Willis Towers Watson. 29 October 2018
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