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Swiss Re has unveiled plans to return Sfr1 billion ($1 billion) of capital to shareholders via a share buyback scheme that will be completed before its next AGM in April 2018, as it struggles to find business opportunities that meet its objectives. 16 March 2017
Insurance
Private equity firm LeapFrog Investments has acquired a majority stake in East African general insurer Resolution Insurance for KSh1.68 billion ($18.7 million). 21 November 2014
Insurance
A managing general agent (MGA) specialising in UK employer insurance has opened its doors for business in London. 20 March 2015
Insurance
Dublin-based UnipolRe plans to expand its telematics operations in Europe to Germany, France and the UK, CEO Marc Sordoni told Intelligent Insurer. 17 May 2017
Insurance
Randall & Quilter (R&Q), the insurance services and investment company, has failed to complete the sale of its managing general agent, Synergy to Hiscox, but has signed over its marine services to the insurer. 3 March 2015
Insurance
Tough market conditions for global reinsurers is forcing them to review their long-term relevance and many are resorting to M&A to build scale, acquire expertise, and diversify, according to S&P Global Ratings. 24 August 2018
Insurance
The recent wave of consolidation in the industry is being driven partly by re/insurers acknowledging their high costs and attempting to reduce them, increasing profitability in the process, Matthew Wilken, president of Argo Re, told Baden-Baden Today. 23 October 2018
Insurance
As the world’s reinsurers gather in Monte Carlo for the annual Rendez-Vous, Ross Lazaroo-Hood of Landmark Holding Group explains that while there are opportunities for MGAs there needs to be more than just a compelling underwriting case. 9 September 2019
Insurance
Average global insurance pricing increased for the first time in the fourth quarter of 2017 since Q1 2013, according to Marsh’s Global Insurance Market Index. It said this was mainly driven largely by global property insurance pricing boosted on the back of large catastrophe losses in the third quarter. 28 February 2018
Insurance
The chief executive of the London and International Insurance Brokers’ Association (LIIBA) has voiced concerns regarding the draft Brexit agreement reached by the UK and European Union. 15 November 2018
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