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Insurance
UK insurer Aviva has announced the sale of its 50 percent shareholdings in life insurance and pension joint ventures Unicorp Vida and Caja España Vid, as well as its retail life insurance business Aviva Vida y Pensiones, to Santalucía. The total consideration of the transaction is €475 million. 10 May 2017
Insurance
Novae Group enjoyed substantial growth driven largely by US excess and surplus lines in the first quarter of 2017 despite exiting a number of casualty lines of business where it has deemed rates unsustainable. But it also warned that these would still hit its profitability this year. 10 May 2017
Insurance
Pen Underwriting has appointed Adrian Scott as head of cyber liability. He joins from Ridge Global, a cybersecurity firm where he was executive vice president and chief underwriting officer. 21 July 2016
Insurance
UK-based insurance start-up Gryphon Group Holdings has raised £180 million of investment capital from investors Leadenhall Capital Partners and Punter Southall Group. 20 June 2017
Insurance
Lloyd’s insurer Chaucer has appointed Robert Callan as chief financial officer (CFO) of Chaucer Syndicates. 4 December 2015
Insurance
Prudential Insurance Company of America has completed a longevity reinsurance transaction with Pension Insurance Corporation, a specialty insurer of defined benefit pensions. 14 June 2016
Awards
We asked more than 6,000 Intelligent Insurer readers, either in the US or involved in US insurance business, who they consider to be the best companies in various sectors of the market. 1 November 2010
Insurance
The boss of US re/insurer Navigators believes the company will go from strength to strength under the ownership of The Hartford—especially in its international operations and its reinsurance unit—as it rolls out a wider range of products and is backed by an even bigger balance sheet. 30 October 2018
Insurance
Rates will soften in the upcoming renewals but some pragmatic cedants prefer to preserve their long-term relationships with reinsurers, Adam Manus of Holborn tells PCI Today. 30 October 2018
Insurance
SCOR Global Life, the international life and health subsidiary of French reinsurer SCOR, has entered the US medical reinsurance market, offering a portfolio of customised solutions to manage medical risk and complex claims. 16 June 2017
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