News

Insurance

London's position slipping - LMG's chair

Steve Hearn, chairman of the London Market Group, has set out plans to address London’s slipping position as a global leader in the London Market Agenda’s (LMA) 2014 plans.   25 March 2014

Insurance

Munich Re expects €1bn profit in second quarter 2019 due to lower expenditure and high reserve releases

Germany-based global reinsurer Munich Re expects to report a consolidated result of approximately €1 billion for the second quarter of 2019.   19 July 2019

Insurance

AFL taps UIB senior brokers Ritson and Draper to lead property and energy expansion

Independent Lloyd’s broker AFL Insurance Brokers has hired experienced brokers Mark Ritson and Peter Draper as directors of international property and energy.   19 July 2019

Insurance

Tokio Marine acquires cyber specialist NAS Insurance Services

Specialty insurance group Tokio Marine HCC has acquired 100 percent of NAS Insurance Services, a US-based cyber and professional liability specialist.   2 April 2019

Insurance

Zurich taps insurtech CoverWallet for new digital initiative in Europe

Zurich Insurance Group has entered into an exclusive collaboration in Europe with insurtech startup CoverWallet and launched a new digital distribution channel in Spain.   14 February 2018

Insurance

Run-off specialist DARAG consolidates move into North America with acquisition

Run-off specialist DARAG has completed the acquisition of SOBC Services, a company focused on the sourcing, acquisition and management of insurance entities and portfolios in run off in the US, Bermuda and Caribbean.   20 November 2018

Insurance

Italy's Generali posts increased profits, solid 2018 results beat targets

Profits at Italian insurer Generali soared in 2018 as the company exceeded all its targets for the past three years, attributed to improvements in all group business segments including life, property/casualty and asset management.   14 March 2019

Insurance

AXIS Re swoops for Swiss Re hire to expands strategic partners unit

AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has expanded its strategic partners business with the appointment of Daniel Osterrieder as strategic account executive for North America.   7 February 2019

Insurance

Mining insurance market contracts 30 percent, says Willis

A market review by broker Willis has found a 30 percent withdrawal in capacity from the mining insurance market since the beginning of 2011.   6 February 2012

Insurance

Aon reinsurance arm sets up life practice, names head

Aon's Reinsurance Solutions has appointed Colin Dutkiewicz to a newly created role, global head of life.   24 January 2019

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