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Insurance
Suncorp subsidiary Vero Insurance has won the battle to acquire New Zealand-based general insurer Tower, beating Fairfax Financial's $144 million all-cash offer. 27 June 2017
Insurance
The Reinsurance Association of America (RAA) is lobbying for a lower corporate tax rate in the US while ensuring that any changes to proration of tax exempt interest or discounting of loss reserves appropriately reflect the business of insurance, according to a June 26 press release. 27 June 2017
Insurance
LOGiQ3, a life re/insurance outsourcing provider, has partnered with Andrew Wibberley, director of Alea Risk on the distribution of its digital underwriter training programme into the UK and Ireland. 22 November 2016
Insurance
Property/casualty insurer Chubb has made several new leadership appointments within its global casualty and excess casualty lines of business for North America major accounts division, which serves large US and Canadian-based companies for complex global risks. 14 July 2017
Insurance
Broker Willis Towers Watson appointed Evariste Yeung as head of property and casualty, North Asia. 6 November 2017
Insurance
Maiden Holdings’ board of directors has retained BofA Merrill Lynch to assist the company in evaluating strategic alternatives to enhance the value of the enterprise. 9 April 2018
Insurance
TransRe, the reinsurance arm of Transatlantic Holdings and a wholly owned subsidiary of Alleghany Corporation, has made a series of appointments in North America, Latin America & Caribbean and Hong Kong. 9 April 2018
Insurance
Italian insurer Generali Group, French reinsurer SCOR and German reinsurer Hannover Re are new additions to the blockchain insurance industry initiative B3i. 6 February 2017
Insurance
Re/insurance broker Aon has completed the sale of its benefits administration and HR business process outsourcing (BPO) platform to private equity funds affiliated with Blackstone. 2 May 2017
Insurance
Insurtech funding in the first quarter of 2017 dropped severely compared to the same period last year as significant investments made in 2016 reach the product launch phase, according to Willis Towers Watson Securities. 2 May 2017
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