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Insurance
Improved underwriting performance of the Dutch non-life business, private equity dividends at Netherlands Life and lower expenses have driven NN Group’s operating result up 25.6 percent year on year in the second quarter of 2018 to €508 million. 16 August 2018
Insurance
Dutch insurer NN Group has appointed Fabian Rupprecht as CEO international insurance replacing Robin Spencer who stepped down effective June 1, 2018 to join Prudential Corporation Asia (PCA), a business unit of Prudential, as chief operating officer. 16 August 2018
Insurance
Dutch NN Group has reached an agreement to acquire Aegon's life insurance business in the Czech Republic and Aegon's life insurance and pension businesses in Slovakia for a total consideration of €155 million. 16 August 2018
Insurance
Specialist insurer QBE North America, a unit of Australia’s QBE Insurance Group, has agreed to sell its personal insurance business to Safeco Insurance, a Liberty Mutual Company. 16 August 2018
Insurance
Connecticut-based startup Tremor Technologies has launched a risk placement marketplace for reinsurance protection. 16 August 2018
Insurance
Brit Global Specialty USA (BGSU) has affirmed its commitment to the US Yacht market after media reports saying that Brit Global Speciality, Lloyd’s syndicate 2987, ended its yacht insurance business lines. 15 August 2018
Insurance
Specialist reinsurance broker Capsicum Re has hired Jasper Goring as a cyber broker and Prab Naidu as wordings director. 15 August 2018
Insurance
Monsanto has been ordered to pay $289 million damages to a man who claimed herbicides containing glyphosate had caused his cancer in a court ruling that sets worrying precedent for insurers, according to law firm Clyde & Co. 14 August 2018
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, is increasing the volume of general liability (GL) business it writes from its office in the Netherlands. 14 August 2018
Insurance
AXIS Capital Holdings has appointed Anne Kelly as global head of ceded reinsurance, effective Sept. 4, 2018. 13 August 2018
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