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Insurance
Bermuda-based Athene Holding has raised €2.2 billion common equity investment to support capital and reinsurance transactions in the German and European guaranteed life insurance run-off market. 19 April 2017
Insurance
Ryan Specialty Group has agreed to the sale of its UK insurance services and claims management subsidiary Ryan Direct Group (RDG) to Nevada Investments, an investment vehicle backed by Towergate Insurance owners HPS Investment Partners and Madison Dearborn Partners (MDP). 19 April 2017
Insurance
Bermuda-based specialist insurer Hiscox has appointed Ian Penny as chief information officer (CIO) for the Hiscox Group. He takes over from interim CIO Gareth Wharton who is joining a new Hiscox cyber initiative. 19 April 2017
Insurance
Insurance broker NFP has acquired the US-based intermediary Associated Agency Group, which specialises in personal and commercial property/casualty insurance. 19 April 2017
Insurance
Re/insurer XL Catlin has appointed Maria Duhart as head of commercial bonds. She most recently served as head of commercial surety at Nationwide. 19 April 2017
Insurance
Two-thirds of US property/casualty insurers currently use predictive models for underwriting and risk selection, an increase of over 10 percentage points compared to last year, according to a survey by Willis Towers Watson 19 April 2017
Insurance
Specialist insurer Markel International has appointed Colin Fordham as a senior marine liability underwriter based in Singapore. 18 April 2017
Insurance
Concord Specialty Risk, a transactional risk insurance and loss mitigation specialist which is a series of RSG Underwriting Managers, has appointed James Grayer as executive vice president of representations and warranty (R&W) insurance, based in New York. 18 April 2017
News
Zurich-based Swiss Re has established a dedicated regional legal entity in Singapore for its reinsurance business unit. The entity will also house the regional headquarters for Swiss Re’s network of reinsurance operations in Asia. 18 April 2017
Insurance
Des Moines-based Fidelity & Guaranty Life (FGL) said that it terminated its merger agreement with China’s Anbang Insurance Group and that the company's board of directors has received interest from a number of alternative parties. 18 April 2017
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