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Munich Re embraces Internet of Things with acquisition of Relayr
News
Munich Re is to acquire software company relayr via its subsidiary, Hartford Steam Boiler (HSB), as it looks to create new business models in the industrial Internet of Things (IoT).   4 September 2018
Insurance
Bermuda-based specialist insurer Hiscox has launched a cyber training centre to help its cyber insurance customers worldwide mitigate and manage their cyber risks.   25 April 2018
Insurance
Specialty re/insurer MS Amlin has announced that chief finance and operations officer Richard Hextall will be leaving the company at the end of September.   18 August 2017
Insurance
US-based Ryan Specialty Group has completed the sale of its UK insurance services and claims management subsidiary Ryan Direct Group (RDG) to newly-formed holding KIRS Group.   23 June 2017
Insurance
Bermuda-based bond insurer Assured Guaranty issued a statement criticising David Einhorn of Greenlight Capital following a short-sale presentation.   24 April 2018
Insurance
Two of the major rating agencies have reaffirmed the financial strength rating of Asia Capital Re in the aftermath of its parent, ACR Capital Holdings, being acquired by Chinese investment companies Shenzhen Qianhai Financial Holdings and Shenzhen Investment Holdings.   16 December 2016
Insurance
Global insurance mergers and acquisitions (M&A) transaction activity dropped in 2016 across all sectors, according to a study by Conning.   17 May 2017
Insurance
Insurance broker Lockton has expanded its construction services group with the addition of Brian Driscoll to its operations in Boston.   15 August 2017
Insurance
Michael Campo, who was formerly overseeing Lockton Companies’ construction practice, has joined IMA, a US-based insurance broker specialising in property/casualty insurance, employee benefits, surety and bonds.   15 August 2017
Insurance
Managing general agents (MGA) showed optimism about the sector’s growth potential in the latest MGAA Matters survey conducted by the Managing General Agents’ Association (MGAA) with over 57 percent saying they expected the number of specialist and niche MGAs would increase.   18 July 2018

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