Reinsurers can play a role in building governments’ resilience to the financial shocks associated with natural catastrophes.
Experts from Aon will be demystifying the process that underpins the way risk models are built in a free webinar run by GfK and Intelligent Insurer scheduled for September 3. Details of the event can be found below.
The Russian government is exploring the idea of forming a state-owned reinsurer, Russian media have reported.
Hannover Life Reassurance Company of America has expanded its strategic partnership with LTCG, which was formerly the long term care insurance administration services division of Univita Health.
Fosun, the Chinese conglomerate that is set to take a 20 percent share in Ironshore, has valued the insurer at 1.25x its net assets at 30 June.
Tom Milligan, co-chief executive officer (CEO) of Ariel, a subsidiary of Global Atlantic Financial, will retire upon the closing of the planned sale of Ariel Re companies to Banco BTG Pactual.
Enstar Group is set to acquire insurance group Companion Property and Casualty Insurance Company from Blue Cross and Blue Shield of South Carolina for $218 million.
Munich Re’s primary insurance subsidiary Great Lakes Australia (GLA) has reached an agreement to support Australia’s largest broker network, Steadfast Group, in its proposed acquisition of Calliden Group.
Vero, part of Suncorp, has left the financial planners segment of the professional indemnity (PI) market following a recent product review.
German insurer Allianz saw total revenues in Latin America fall to 22 percent in the first half of 2014 as it was hit by unfavourable foreign exchange movements and volume reductions in property/casualty business, mainly in Brazil.