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Profits at Generali remained stable in 2016 despite what the company called a challenging macroeconomic environment and low interest rates and while gross written premiums shrank slightly overall, the company property/casualty unit enjoyed some growth. 16 March 2017
News
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
Underwriting in the European reinsurance market remains under pressure but there are signs that rate declines are reducing and pricing is beginning to stabilise in some markets, according to Fitch Ratings. 16 March 2017
News
Swiss Re has revealed it plans to make a number of changes to its board of directors at its AGM on April 21 this year. 16 March 2017
News
PhilNaRe, the National Reinsurance Corporation of Philippines (NRCP), has confirmed that Jeffrey Lacson, its vice president and head of finance, has resigned from the company with effect from March 20. 16 March 2017
Insurance
The number of completed mergers and acquisitions (M&A) in the global insurance industry fell to 387 in 2016, 13 percent down from the 444 transactions recorded in 2015, according to a new report. 16 March 2017
Insurance
Argo Pro, a subsidiary of specialty re/insurer Argo Group, has launched enhanced line of products and four new errors and omissions (E&O) forms to offer expanded business opportunities for brokers. 16 March 2017
Insurance
The supervisory board of Dutch insurer NN Group has reappointed Lard Friese as chief executive officer (CEO) for another four-year term. He will also be reinstated as the chairman of group's executive board. 15 March 2017
News
Munich Re has revealed it plans to buy back up to €1 billion of its own shares by April 2018, as it struggles to find profitable opportunities in what its chairman, who steps down in April this year, said will remain a challenging environment. 15 March 2017
News
Ludger Arnoldussen, member of the Munich Re board of management with responsibility for Germany, Asia Pacific and Africa, is leaving the company after more than ten years to "seek new challenges", the reinsurer has revealed. 15 March 2017
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