News
Insurance
Allianz has revealed plans to buy back some €1 billion in shares in a move that reflects the tough market conditions in many of its sectors and also suggest it will not be seeking any large acquisitions. 3 July 2018
Insurance
The football World Cup will be watched by a billion people globally, but it is possible at all only thanks to the complex web of insurance policies underpinning its large and complex risks, from injured footballers to cyber and terrorism attacks. Intelligent Insurer reports. 2 July 2018
Insurance
Spain’s insurance group Mapfre is acquiring full control of the Brazilian non-life and life businesses of its strategic venture with Banco do Brasil for €546 million. 27 June 2018
News
Reinsurance broker JLT Re has hired senior executives from RSA and Guy Carpenter to expand JLT FAC, its facultative reinsurance division that focuses on property, construction and casualty. 26 June 2018
Insurance
Bermuda-based Sirius International Insurance Group has highlighted the growth opportunities the firm faces as it revealed its merger agreement with special purpose acquisition firm Easterly Acquisition which will result in Sirius becoming a publicly listed company. 26 June 2018
Insurance
Bermuda-based Sirius International Insurance Group plans to merge with special purpose acquisition firm Easterly Acquisition in a deal which will result in Sirius becoming a publicly listed company. 25 June 2018
News
The Singapore Reinsurers’ Association (SRA) has re-elected Marc Haushofer, chief executive officer Asia Pacific & EVP of Validus Reinsurance Company, as its chairman for another term. 25 June 2018
Insurance
The growing level of connectivity in the world as more and more devices join the internet of things will pose a challenge for the insurance industry, according to Wolfram Schultz, global practice group leader, liability heavy industries and manufacturing at Allianz Global Corporate & Specialty. 21 June 2018
Insurance
Arthur J Gallagher has appointed Simon Matson, currently head of Gallagher’s London Market and Alesco businesses, as the new CEO of its UK-based brokerage and underwriting division. 18 June 2018
Insurance
Allianz Partners in the UK and Ireland have appointed Tim Tozer as their new chief executive officer. 18 June 2018
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