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Insurance
Bermuda-based re/insurer Aspen Group has appointed Tim Aman as its new group chief risk officer. 25 May 2017
Insurance
UK-based insurer Aviva said on May 25 that it will start a share buy-back of its ordinary shares for up to a maximum consideration of £300 million. 25 May 2017
Insurance
Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Germany's Allianz Group, has appointed Mike Hansen as global head of aviation. 25 May 2017
Insurance
Insurers will have to delete two thirds of the records they hold on past customers, losing a vital sales pipeline, under new data protection laws, research from Consumer Intelligence and fast.MAP suggests. 25 May 2017
Insurance
Private equity firm JC Flowers said that it finalized the acquisition of UK General Insurance Group on May 24, following regulatory approval. 25 May 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) said that it has launched a visual effects (VFX) and post production media insurance offering. 25 May 2017
Insurance
The boards of CF Corporation and Fidelity & Guaranty Life (FGL) approved a definitive merger agreement under which CF Corp. will acquire FGL for a total of approximately $1.84 billion, plus the assumption of $405 million of existing debt. 25 May 2017
Insurance
KIRS Group, the holding company being created to combine Autonet, Chase Templeton, Direct Group, Price Forbes and Towergate, is launching a secured bond offering for an aggregate principal amount of £800 million, alongside committing to enter into a £90 million super senior revolving credit facility. 25 May 2017
Insurance
US-based insurer Liberty Mutual has appointed Jessica Dekermanji as senior vice president and chief underwriting officer of its national insurance specialty energy unit. 25 May 2017
Insurance
While many of its rival reinsurers are seeking alternative growth opportunities through fee income relating to advisory services, technology or the use of alternative risk-transfer structures, Hannover Re’s chief executive officer Ulrich Wallin believes sufficiently profitable traditional risk transfer business will remain available for the foreseeable future. 25 May 2017
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