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Insurance
Key personnel to join Arch as part of mutual agreement.   22 November 2019
Mapfre signs €82m deal with Santander to expand insurance distribution with new company
Insurance
Spanish insurer Mapfre has signed a deal to invest €82 million to create a company with Santander Spain to distribute automobile, self-employed and company insurance.   1 July 2019
R&Q acquires Bermuda reinsurer Sandell Re for $25m in cash
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) is to acquire the entire issued share capital of Bermuda-based Sandell Holdings and its subsidiary Sandell Re (SRL) for an initial cash consideration of $25 million with further amounts payable subject to certain conditions being met.   1 July 2019
Insurance
Saudi Reinsurance Company (Saudi Re) enjoyed a big increase in its profits in the first half of the year.   19 August 2019
Insurance
Asia Capital Re has improved its underwriting discipline and is in good shape to achieve stable growth over the next two years, according to rating agency S&P Global Ratings (S&P), which has affirmed the reinsurer’s financial strength rating at ‘A-’, and maintained its outlook for the Singapore-headquartered reinsurer at ‘Stable’.   19 August 2019
Insurance
Loss figure of $40 million expected to rise; estimated bushfire losses now at $110 million.   18 November 2019
Insurance
It will be China’s first fully foreign-owned insurance holding company.   18 November 2019
Insurance
The appointments mark continued expansion in the financial lines market.   18 November 2019
Insurance
With total economic losses estimated to reach tens of billions of dollars at the minimum, Harvey is likely to become one of the costliest natural disasters on record, according to Aon Benfield’s catastrophe model development team Impact Forecasting.   9 September 2017
Insurance
Specialist insurer Beazley grew gross premiums written by 10 percent year on year to $631 million in the first quarter of 2018 driven by the property segment as pricing conditions improved.   10 May 2018

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