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Insurance
Saga, a UK-based specialist insurer for life after 50, has appointed former Zurich executive Patrick O’Sullivan as chairman with effect from 1 May 2018. 19 February 2018
Insurance
Allianz, Cisco, Apple and Aon have joined forces to develop a new cyber risk management solution for businesses. 19 February 2018
Insurance
Enstar Group-owned Lloyd’s managing agency, StarStone Underwriting has finalised a reinsurance-to-close transaction with Neon Underwriting, according to a Feb. 16 press release. 19 February 2018
Insurance
Bermuda-based Randall & Quilter (R&Q) has completed a transaction providing capital to support the reinsurance to close (RITC) of Hamilton Underwriting’s Syndicate 3334’s 2014 and prior years of account. 19 February 2018
Insurance
US insurance group Kemper Corporation entered into a definitive merger agreement to acquire auto insurer Infinity Property Casualty Corporation for a total consideration of approximately $1.3 billion. 14 February 2018
Insurance
MS Amlin has reported a net loss of ¥84.900 billion (£569 million) for the nine months ended Dec. 31, 2017 after a net profit of ¥18.60 billion in the same period of 2016. 14 February 2018
Insurance
Zurich Insurance Group has entered into an exclusive collaboration in Europe with insurtech startup CoverWallet and launched a new digital distribution channel in Spain. 14 February 2018
Insurance
Specialty re/insurer Brit has completed the fourth annual renewal and expansion of its Bermuda domiciled special purpose insurer Versutus, the company said in a Feb. 14 press release. 14 February 2018
Insurance
Insurance Australia Group (IAG) is reviewing its Asian operations after running out of buying opportunities, according to a Reuters Feb. 14 report. 14 February 2018
Insurance
Willis Towers Watson has appointed Dominique Lebel to lead its insurance consulting and technology (ICT) life business for the Americas. 14 February 2018
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