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Insurance
Dutch NN Group reported a 24 percent drop in net results to €1.19 billion for 2016 ahead of its planned acquisition of rival Delta Lloyd. 16 February 2017
Insurance
A €894 million provision for the Fortis settlement impacted Ageas' 2016 results, driving group full-year net results down to €127 million from €770 million in 2015. 15 February 2017
News
Specialty insurer MS Amlin has joined Flood Re, the UK Government-backed scheme that covers severe flooding. 15 February 2017
Insurance
Jay Nichols has resigned from his position of CEO of AXIS Re, a subsidiary of Bermuda-based AXIS Capital Holdings. He has been replaced by Jan Ekberg on interim basis. 14 February 2017
Insurance
Cincinnati Insurance Companies has renewed its Skyline Re catastrophe bond as a private placement and expanded its indemnity-based collateralised reinsurance coverage by raising $180 million with the help of JLT Capital Markets (JLTCM). 13 February 2017
Insurance
Insured loss estimates from major natural catastrophes in 2016 reached $39.5 billion, the highest since the annual market losses of $60 billion in 2012, according to Willis Re’s 2016 Summary of Natural Catastrophe Events report. 10 February 2017
Insurance
Re/insurance broker Miller has expanded its UK facultative property team with the appointment of senior broker and producer Damian Richards. 10 February 2017
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has established a new office in London and filled key leadership roles with former AIG, Allied World, Chubb and Marsh executives. 8 February 2017
Insurance
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of Marsh, has acquired a Texas-based employee benefits consulting firm iaCONSULTING. 8 February 2017
Insurance
Attune, a technology-enabled company established by AIG, Hamilton Insurance and Two Sigma in September 2016, has appointed James Hobson as chief executive officer (CEO). 7 February 2017
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