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Insurance
European industrial lines insurer HDI Global has strengthened its presence in the Swiss market with a new office in Berne, its third in the country after Zurich and Lausanne. 21 June 2017
Insurance
UK-based insurance start-up Gryphon Group Holdings has raised £180 million of investment capital from investors Leadenhall Capital Partners and Punter Southall Group. 20 June 2017
Insurance
Re/insurer XL Catlin has opened its first political risk, credit and bond (PRCB) insurance practice in Canada, and appointed Marvin Azzopardi as senior underwriter. 31 May 2017
Reinsurance
Saudi Re has appointed Tarik Aouad as chief business development officer. During a 15 year career in reinsurance, Aouad was previously the general manager of Hannover Re Bahrain. 17 June 2013
Insurance
Asset manager Schroders is close to fully launching a new fund dedicated to life insurance-linked securities (ILS), according to industry veteran Dirk Lohmann, the CEO of Secquaero, the fund manager 50.1 percent-owned by Schroders. 12 September 2017
Insurance
Despite the many investments being made in innovation by re/insurers, few are focusing on the one thing that could gain them new business: a more sophisticated sales process, argues John Holm at Lloyd’s managing general agent Asta. 24 October 2017
Insurance
The boards of CF Corporation and Fidelity & Guaranty Life (FGL) approved a definitive merger agreement under which CF Corp. will acquire FGL for a total of approximately $1.84 billion, plus the assumption of $405 million of existing debt. 25 May 2017
Insurance
Lloyd’s of London will start its India operations in Mumbai by early 2017. 10 June 2016
Insurance
French insurer AXA has said that it intends to list a minority stake of its US operations in the first half of 2018 to create “significant additional financial flexibility to accelerate AXA’s transformation.” 10 May 2017
Insurance
London-based specialty re/insurance market Lloyd’s has inaugurated its Indian branch in the presence of UK Chancellor Philip Hammond and joined by MS Amlin as the first participating syndicate. 5 April 2017
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