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Insurance
The Prudential Regulation Authority (PRA) has approved all UK solvency internal models.   7 December 2015
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) is making changes to its management board as chief regions and markets officer, Carsten Scheffel retires at the end of June, 2018.   18 December 2017
M&A trend drives hybrid models
Insurance
The recent new wave of consolidation has shown a further trend towards more companies operating so-called hybrid business models, whereby they write both insurance and reinsurance. Such a model can generate useful synergies, but it is also one of many factors driving consolidation, Torsten Jeworrek, member of Munich Re’s Board of Management, told Monte Carlo Today.   9 September 2018
Alternative Risk Transfer
London’s new ILS framework can make the City the global hub for innovative ILS solutions, according to Guy Carpenter.   12 September 2017
Insurance
Blockchain technology could reduce re/insurer’s administrative costs by up to 30 percent by making transactions faster and more efficient, according to Ken Marke, director for strategy and business development at Ageas Group and chief marketing officer of B3i.   29 January 2018
Insurance
Brand strength will be the main driver of M&A activity in re/insurance in the next three years, reflecting the transition to digital sales which require a strong, recognisable brand, according to a survey by Willis Towers Watson in conjunction with Mergermarket.   14 November 2017
News
To secure growth in Europe, Swiss Re is taking a more holistic and innovative approach, the firm’s Russell Higginbotham tells Baden-Baden Today.   22 October 2018
Insurance
Bermuda-based re/insurer Sompo International has appointed Victor Sordillo as senior vice president and loss control leader.   11 April 2017
Insurance
Central Europe based investment group Arca Capital said that it will meet with state insurance regulators to oppose the AmTrust privatisation transaction and that it will continue to campaign aggressively against the "absurdly low" buyout price.   1 October 2018
Insurance
Aon has signed a definitive agreement to sell its benefits administration and HR business process outsourcing (BPO) platform for a cash consideration of $4.3 billion to Blackstone, a private equity and alternative asset management corporation.   10 February 2017

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