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Insurance
French reinsurer SCOR has signed an agreement with the Fédération nationale de la Mutualité Française and Matmut to acquire 100 percent of the shares of MutRé. 17 July 2017
Insurance
Broker Willis Towers Watson said on Aug. 21 that Michael Burwell has become its new chief financial officer (CFO). 21 August 2017
Insurance
In what represents an important step forward for the insurance-linked securities (ILS) markets, AlphaCat Managers, the ILS investment adviser that is a subsidiary of Validus Holdings, has completed the first catastrophe bond to cover risks from Latin America. 7 February 2017
Insurance
XL Group has launched a venture capital initiative focused on innovative underwriting and risk solutions. 2 April 2015
Insurance
SJL Insurance Services said that it has achieved a “much sought after” Lloyd’s broker accreditation and also formed a new London markets division to facilitate and also further drive growth in the UK and worldwide. 9 October 2017
Insurance
Operations management, consulting and digital solutions provider Davies Group is acquiring the international insurance services assets of Randall & Quilter Investment Holdings (R&Q). 15 January 2018
News
Peak Reinsurance is mulling over a possible flotation in Hong Kong to support the reinsurer’s long-term growth and development, AM Best said in its Sept. 5 Best Week Asia-Pacific edition, citing Fosun International chief financial officer Robin Wang. 6 September 2017
Insurance
US mortgage business Freddie Mac wants more reinsurers to embrace its credit risk transfer programme
Freddie Mac, the US-government sponsored enterprise (GSE) that provides liquidity to the US mortgage markets by buying mortgages from lenders, anticipates that its credit risk transfer (CRT) programme will continue to grow steadily—and 2020 could be one of its biggest years yet. 20 October 2019
Insurance
Jardine Lloyd Thompson Group unveiled radical plans to restructure the business in its 2017 results, which it hopes will result in annualised savings of £40 million by 2020 for a one-off cost of £45 million spread across 2018 and 2019. 28 February 2018
Insurance
Everest Re Group has hired Joe Martin to join its credit and political risk team in New York, reporting to Jim Thomas, head of credit and political risk at Everest Insurance. 20 July 2017
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