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News
Munich Re is to acquire software company relayr via its subsidiary, Hartford Steam Boiler (HSB), as it looks to create new business models in the industrial Internet of Things (IoT). 4 September 2018
Insurance
China's reinsurers are investing in technology and systems to support a rapid expansion of nonmotor and, in particular, catastrophe insurance in the country. These business lines will help sustain growth, although they could expose the sector to more profit volatility. 4 September 2018
Insurance
Re/insurer XL Group is to acquire a 20 percent stake in India’s Mahindra Insurance Brokers (MIBL), according to an Oct. 16 press release. 17 October 2017
Insurance
Bermuda's major re/insurers will report elevated combined ratios for 2017, averaging around 108 percent to 109 percent, according to Fitch Ratings. 24 January 2018
Insurance
Swiss Re is acquiring 1.1 million life insurance policies from UK financial service provider Legal & General Group for £650 million. 6 December 2017
Insurance
Hiscox Re and ILS has launched a new US personal lines flood product, available to its insurance carrier, according to an Oct. 16 statement. 16 October 2017
Insurance
Bermuda-based bond insurer Assured Guaranty issued a statement criticising David Einhorn of Greenlight Capital following a short-sale presentation. 24 April 2018
Insurance
Bahrein-based re/insurer Trust Re said its profits fell to $18.8 million in 2016 from $30.8 million a year ago, driven by lower investment income. 3 April 2017
Insurance
StarStone, the specialty insurer and subsidiary of Enstar Group, has appointed Jeff Herman as global head of accident and health (A&H). 2 May 2017
Insurance
European run-off insurance company DARAG has appointed Tullio Ferrucci as CEO of DARAG Italia. 13 October 2017
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