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Cayman reinsurer prepares to go public

Caribbean, Cayman Islands18-03-2014Reinsurance News

Cayman-based property and casualty (P&C) reinsurer Oxbridge Re has filed an Initial Public Offering (IPO) with the US Securities and Exchange Commission.

Swiss Re proposes 10 percent dividend increase

Europe18-03-2014Reinsurance News

Leading reinsurer Swiss Re has sought shareholder approval for a ten percent increase in ordinary divided, following newly enforced Swiss regulation.

Resolution profit rises by 59 percent

Europe18-03-2014Insurance news

UK insurance buyout firm Resolution has reported a 59 percent increase in pre-tax operating profit which rose to £436 million in 2013, compared with £274 million in 2012.

ACE expands crisis management services

Europe, MENA18-03-2014Insurance news

Insurer ACE has expanded its environmental risk insurance to include crisis management cover as part of its strategy to support evolving needs of companies in Europe.

Allianz acquires Italian P&C business

Europe17-03-2014Insurance news

German insurer Allianz will acquire a chunk of the Property and Casualty (P&C) insurance business of Italy’s UnipolSai, for €440 million. UnipolSai is a subsidiary of insurer Unipol, which achieved €1.1 billion of premiums in 2013.

LIIBA appoints new chairman

Europe17-03-2014Insurance news

Steve Hearn, deputy CEO of Willis Group Holdings has been elected as chairman of the London & International Insurance Brokers’ Association (LIIBA), an association which represents insurance brokers in London and international markets. He succeeds Graham Clarke of Miller, who continues as deputy chairman of LIIBA.

Kranos Capital acquires Liberty operations

Latin America17-03-2014Insurance news, Reinsurance News

US private equity fund Kranos Capital has acquired the Argentine operations of insurer Liberty Mutual.

QGIR to distribute 20 percent share bonus

MENA, Qatar17-03-2014Insurance news

Qatar’s second largest insurer, The Qatar General Insurance & Reinsurance Company (QGIR), will distribute a 20 percent share bonus following a successful year which saw the company increase its net profit to QR 2.1 billion in 2013 compared with QR 175.5 Million in 2012.

Personal Group awarded Four Seasons contract

Europe17-03-2014Insurance news

Personal Group, a provider of employee benefits, employee related insurance products and financial services in the UK, has been awarded one of the most significant employee benefits contracts in the group’s history.

ALC Health continues expansion

Europe17-03-2014Insurance news

Medical insurer ALC Health has created a new senior management role to support the company’s continued expansion.

Showing 17311 to 17320 of 18823 results

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