News
Insurance
Munich Re's primary insurance unit ERGO Group is selling its life, non-life and composite portfolios in Hungary and Slovakia to Italian insurer Generali as part of its international business optimisation strategy. 8 April 2019
Insurance
Bermuda-based Arch Capital Group said June 6 that it expects its 2017 second quarter pre-tax underwriting income to be adversely impacted by approximately $38 million relative to the quarterly run rate level of profitability associated with its property facultative reinsurance operations. 7 June 2017
Insurance
Bermuda-based re/insurer AXIS Capital Holdings has appointed Helen O’Sullivan as the CEO of AXIS Specialty Europe and AXIS Re. 18 September 2018
Insurance
Zurich North America has hired Allied World's Paul Lavelle as chief claims officer. He succeeds Steve Hatch, who retired earlier in August. 22 August 2018
Insurance
Gross written premiums for property and casualty insurance holding company United Insurance Holdings have increased by $21.3 million, or 7.2 percent, to $317.2 million, for Q3 2019, from $295.9 million for Q3 2018. The company said this primarily reflected organic growth in new and renewal business generated in all regions. 4 November 2019
Insurance
Reinsurance Group of America, a global provider of life reinsurance, has reported third quarter net income of $262.8 million down from $301.2 million reported for the prior-year quarter. 4 November 2019
Insurance
The 16th Singapore International Reinsurance Conference (SIRC) concluded on Friday at the Sands Expo and Convention Centre. This year, the conference attracted a record number of over 1,100 delegates representing over 400 companies and 53 countries from the insurance, reinsurance and broking community. 4 November 2019
Insurance
Broker Gallagher has acquired a controlling interest in Purple Bridge Group, the holding company of UK specialist property insurance provider Vasek Insurance Services. 7 November 2018
Insurance
US-based reinsurance broker Holborn Corporation has hired a Gen Re executive with more than 30 years of industry expertise to enhance its existing client relationships across its three offices in New York City, Minneapolis and Kansas City. 14 February 2019
Insurance
Commercial auto insurtech Inshur has raised $7 million in a Series A funding round led by Munich Re Ventures, with participation from venture capital firm MTech Capital. 14 February 2019
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