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Protective in $1.7bn reinsurance deal

North America19-01-2018Insurance news, Reinsurance news

Protective Life Corporation, a wholly owned US subsidiary of Dai-ichi Life Holdings, agreed with Lincoln Financial Group to acquire via reinsurance the individual life and annuity business of Liberty Life Assurance Company of Boston.

HDI Global appoints chief financial officer from KPMG

Europe19-01-2018Insurance news, Reinsurance news

Industrial lines insurer HDI Global has hired a KPMG executive as its new chief financial officer and a member of its management board.

US commercial auto sector deteriorates further

Global, North America19-01-2018Insurance news, Reinsurance news

The performance of the commercial automobile insurance segment in the US has lagged that of other property/casualty (P&C) industry sectors for several years and continued to deteriorate through the third quarter of 2017, according to AM Best.

RenaissanceRe acquires stake in Catalina

Bermuda19-01-2018Insurance news, Reinsurance news

RenaissanceRe Ventures, a subsidiary of Bermuda-based re/insurer RenaissanceRe, has signed a definitive agreement to acquire a minority shareholding in run-off consolidator Catalina.

Deadly cyclone wreaks havoc in Germany, Netherlands

Europe19-01-2018Insurance news, Property cat, Reinsurance news

The financial impact of windstorm Friederike is likely to reach into the hundreds of millions of euros, according to Aon’s Jan. 19 Weekly Cat Report.

AIG appoints government affairs head from PwC

London, UK19-01-2018Insurance news, Reinsurance news

American International Group (AIG) has hired Ed Barron from PricewaterhouseCoopers (PwC) as head of international government affairs, based in London.

Thomas Miller acquires marine, energy consultancy

Asia Pacific, UK19-01-2018Insurance news, Specialty

UK-based insurance services provider Thomas Miller is acquiring marine consultancy Brookes Bell.  

Aon Benfield executive becomes chair of ClimateWise

Global, North America19-01-2018Insurance news, Reinsurance news

ClimateWise, a group of 28 leading re/insurance organisations, has appointed Aon Benfield's Dominic Christian to replace Aviva's Maurice Tulloch as its new chairman.

US life/annuity reinsurance volumes jump 83% YOY

North America18-01-2018Capital management news, Insurance news, Reinsurance news

US life/annuity insurers have increased the aggregate face amount of policies ceded to reinsurers by 83 percent since 2006, to $28 trillion, according to AM Best.

P&C insurers face significant impact from US tax change

Global, North America18-01-2018Insurance news, Reinsurance news

The 2017 US Tax Cut and Jobs Act brings with it both opportunities and challenges for the US property/casualty (P&C) insurance industry, according to a new analysis by Conning.

Showing 21 to 30 of 12630 results

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