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Insurance
Insurance assets for sale in the UK due to Solvency II and demand for acquisitions in Asia Pacific (APAC) are set to drive M&A activity in 2017, according to accounting and advisory firm KPMG.   17 March 2017
SCOR calls Covéa renewed takeover approach ‘hostile and unfriendly’
Insurance
The procedure and the methods used by Covéa CEO Thierry Derez and Covéa to take over SCOR as well as their renewed expressions of interest after the bid has been rejected, “can only be considered as hostile and unfriendly, and are significantly disrupting the functioning of the company,” SCOR said in a corporate statement while insisting that Derez should resign from SCOR’s board.   28 September 2018
News
Stock prices for publicly traded reinsurance companies increased moderately during 2015 and remained well above the overall market with just two of 18 selected companies experiencing negative stock price movement, according to a new AM Best report focused on reinsurance companies’ stock performance in fourth-quarter 2015.   13 April 2016
Insurance
Lancashire Holdings enjoyed a rise in profits in the first quarter of 2017 though the company’s gross written premiums shrank significantly.   4 May 2017
Insurance
The co-founder of insurance startup Lemonade, Shai Wininger, has criticised Amazon’s staff poaching practices and threatened to consider another vendor for cloud services.   15 January 2018
article
Lloyd's CEO Inga Beale suggested in a Reuters interview that the plan to create a subsidiary in Brussels may be unravelled.   27 June 2017
Insurance
Suncorp subsidiary Vero Insurance has won the battle to acquire New Zealand-based general insurer Tower, beating Fairfax Financial's $144 million all-cash offer.   27 June 2017
Insurance
The Latin American insurance sector shrank by 3.7 percent year-on-year in 2016 following the depreciation of most of the region’s currencies, according to the latest annual study on the Latin American insurance market.   27 June 2017
Insurance
Frank Fortunato, CEO, CATEX, talks about the implicit need for accuracy when handling data.   13 September 2015
Insurance
The re/insurance industry loss from extratropical cyclone Friederike (also called David) is currently estimated at €1.466 billion, according to the Zurich-based catastrophe insurance data provider PERILS.   28 February 2018

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