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Insurance
Prague headquartered VIG Re aims to strengthen its underwriting activities in Germany and to enter additional countries mainly in continental Europe, according to the company’s 2016 annual report. 1 June 2017
Insurance
The implementation of the new accounting standard IFRS 17 may cost between £1bn – £2bn in the UK, said Nic Nicandrou, chief financial officer of Prudential. 1 June 2017
Insurance
Lloyd's, the specialist insurance and reinsurance market, has appointed Mike Bracken, Nigel Hinshelwood and Fiona Luck to its franchise board as non-executive directors for a three-year period commencing March 1, 2018. 6 February 2018
Insurance
ACR Capital Holdings has received regulatory approval by the National Development and Reform Commission of the People’s Republic of China for its sale to Shenzhen Qianhai Financial Holdings (QFH) and Shenzhen Investment Holdings (SIHC). 2 May 2017
Insurance
Hannover Re parent Talanx will buy 90 percent stake in Italian insurer Generali's Colombian business to further expand its presence in the Latin American region. 20 July 2017
Insurance
US re/insurance broker Brown & Brown reported a 12.9 percent increase in net income for the first quarter of 2017, boosted by a legal settlement with AssuredPartners. 18 April 2017
Insurance
Bermuda-based Assured Guaranty has announced its plan to combine the portfolios and operations of its four international financial guaranty insurance companies. 27 June 2017
Insurance
Lemonade, an artificial intelligence-focused insurtech company, more than doubled its clients in the past two months as “customers are ditching incumbents for Lemonade,” Shai Wininger, Lemonade co-founder, said in a blog posted on medium.com. 2 June 2017
Alternative Risk Transfer
The Lloyd’s Market Association (LMA) has formed a ‘Members’ Agent Committee’, which will represent the interest and priorities of provider and advisors of third party capital at Lloyd’s. 2 June 2017
Insurance
Swiss Re said on July 7 that it has partnered with Ping An Property & Casualty Insurance Company of China to launch China's first mobile-enabled typhoon property parametric insurance solution. 7 July 2017
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