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UK-based life insurer Rothesay Life has insured £520 million of defined benefit liabilities for the Cadbury Mondelēz Pension Fund. 12 August 2019
Insurance
The reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation has unveiled several changes to its regional leadership teams and its global business development function. TransRe said the changes are designed to better position the company to take advantage of current and future market opportunities. 12 August 2019
Insurance
Allianz Insurance has appointed Alastair Warren-Upham as new London markets manager, following the retirement of Martyn Davenport. 12 August 2019
Insurance
Insured loss estimates for the northern Queensland and Townsville flooding from 26 January to 10 February 2019 have reached A$1.217 billion ($822 million), according to Perils' third estimate published today. 12 August 2019
Insurance
German re/insurer Talanx Group, the parent company of Hannover Re and HDI, has raised its full-year 2019 profit forecast on the back of "strong business performance" and an "extraordinary income" in the first half of the year that also saw an improvement in the industrial lines division. However, its underwriting results further declined in the second quarter of 2019 due to Typhoon Jebi loss creep. 12 August 2019
Insurance
Re/insurance broker Lockton has hired William Barber to lead its international healthcare strategy, which forms part of its professional and financial services offering. 12 August 2019
Insurance
Dutch insurance group Aegon has appointed NN Group's Lard Friese as chief executive officer (CEO), succeeding Alex Wynaendts at the company's Annual General Meeting to be held on May 15, 2020. 12 August 2019
Insurance
New Jersey-based Specialty Program Group (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired specialty insurance programme manager The Mechanic Group. 12 August 2019
Insurance
CIC Services, a risk management and consulting firm specialising in the formation and operation of captive insurance companies, has launched a new reinsurance pool for property and casualty (P&C) coverages. 12 August 2019
Insurance
Insurance Australia Group (IAG) has appointed Peter Horton as new group general counsel. 12 August 2019
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