Articles

Insurance

Generali acquires asset manager from Bank of America

Italian insurer Generali is accelerating its asset management strategy by acquiring 100 percent of CM Investment Solutions (CMISL) from Bank of America Merrill Lynch.   5 December 2018

Insurance

Zurich on track for 2019 targets

Zurich Insurance Group is on track to achieve its 2017-2019 financial targets, management said on Dec. 5, 2018.   5 December 2018

Insurance

Hamilton hires Sirius executive to drive corporate strategy

Bermuda-based Hamilton Insurance Group has hired Michael Papamichael as senior vice president of strategy and corporate development from Sirius Group.   5 December 2018

Insurance

Fitch moves US P&C outlook to stable after rebound

Fitch Ratings has revised the sector outlook for US property and casualty (P&C) insurers to stable from negative.   4 December 2018

Reinsurance

Blockchain’s future in insurance takes shape

The re/insurance industry holds high expectations for blockchain technology as an opportunity to increase efficiency of insurance processes, and the future is beginning to take shape with the launch of new platforms and products. Intelligent Insurer reports.   4 December 2018

Insurance

Verisk reveals $87m Rulebook acquisition for expansion

Verisk Analytics, a provider of property/casualty (P&C) insurance risk information, has acquired London-based Rulebook for $87 million in cash.   3 December 2018

Insurance

The Hartford snaps up MGU Y-Risk; hires team

US-based The Hartford has purchased Y-Risk, a managing general underwriter (MGU) specialising in the sharing and on-demand economy, from Allstar Financial Group.   3 December 2018

Insurance

Gallagher expands in Indonesia, Singapore with IBS stakes

Broker Arthur J Gallagher has acquired a 40 percent equity stake in Indonesian insurance broker and risk management services provider PT IBS Insurance Broking Service, as well as 100 percent of reinsurance broker IBS Re Singapore.   3 December 2018

Insurance

Miller makes new hire for credit and political risks team

Re/insurance broker Miller has hired Laurence Guguen for its credit and political risks team to grow its structured trade and commodity finance capabilities.   30 November 2018

Insurance

Allianz reveals new SME leader following departure

UK-based Allianz Insurance, part of the Allianz Group, has appointed Helen Bryant to the role of director of SME (small and medium-sized businesses) and corporate partnerships.   30 November 2018

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