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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 Latin American insurance sector shrank by 3.7 percent year-on-year in 2016 following the depreciation of most of the region’s currencies, according to the latest annual study on the Latin American insurance market. 27 June 2017
Insurance
Across Europe, insurers spend billions of dollars every year in just claim processing costs, and they need help changing this, according to Lex Tan, founder of insurtech startup MotionsCloud. 29 September 2017
Insurance
UK insurer Aviva has appointed Maurice Tulloch as an executive director of the company and a member of the board. 22 June 2017
Insurance
India remains a land of opportunity for reinsurers—but those that collaborate and innovate will benefit the most, says Devesh Srivastava, general manager of GIC Re. 29 October 2018
Insurance
Bermuda-based property/casualty re/insurer XL Group said on Sept. 19 that it decided to move its principal European Union insurance company, XL Insurance Company, from the UK to Ireland in 2018 in response to Brexit. 19 September 2017
Insurance
Chicago-based Kemper Corporation has hired Travelers executive Duane Sanders as president of property & casualty (P&C) division. 24 January 2018
Insurance
As insurance-linked securities (ILS) become increasingly attractive to investors, there is an opportunity to support both emerging and existing lines of business if the right product is in place, Michael Krefta, CEO of Hiscox Re & ILS, told Monte Carlo Today. 13 September 2017
Insurance
The London Market Group (LMG) has reappointment Nicolas Aubert, head of Great Britain for Willis Towers Watson, as its chairman for another term. 28 April 2017
Insurance
Rating agency AM Best is holding its 2018 outlook for the global reinsurance sector at negative, citing the considerable uncertainty surrounding the level and sustainability of any market improvement. 19 December 2017
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