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Insurance
Dutch NN Group’s acquisition of its peer Delta Lloyd has lowered the cost base by €133 million in 2017, according to a Feb. 15 press release. 15 February 2018
Insurance
Australia’s insurer Suncorp has reported natural hazards of A$395 million ($313.9 million) between July and December 2016, which is A$65 million above the allowance for the period, driven primarily by the Victorian hail storm. 15 February 2018
News
Reinsurance broker JLT Re has hired Zurich executive Erica Davis as senior vice president in New York. She will lead the cyber and errors & omissions (E&O) practice. 15 February 2018
Insurance
XL Group CEO Michael McGavick said that he is not surprised that there is speculation about a potential takeover of XL Group by other market players. 14 February 2018
Insurance
UK terrorism reinsurer Pool Re has launched a new risk self-assessment tool, aimed at medium and large businesses, that will help insureds reduce the cost of their premiums. 14 February 2018
Insurance
US insurance group Kemper Corporation entered into a definitive merger agreement to acquire auto insurer Infinity Property Casualty Corporation for a total consideration of approximately $1.3 billion. 14 February 2018
Insurance
Independent Lloyd's broker AFL has further expanded its wholesale property team with the appointment of re/insurance executives from JLT Re and Alston Gayler. 14 February 2018
Insurance
Bermuda-based PartnerRe is teaming up with Farmers Edge to customise insurance products to target growth of precision farming. 13 February 2018
Insurance
Trade credit insurer Euler Hermes has made three management board changes as its group chief financial officer and chief operating officer are leaving to pursue opportunities outside the company. 13 February 2018
Insurance
Specialist insurer Hiscox has appointed David McLaughlin as chief financial officer in the US, reporting to chief executive Ben Walter. 13 February 2018
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