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Pickel to succeed Wallin as E+S Rück CEO
Insurance
Hannover Re Group has revealed that Michael Pickel will succeed Ulrich Wallin as chief executive officer (CEO) of its German reinsurance subsidiary E+S Rück.   23 October 2018
Insurance
French insurer AXA is planning to sell all its insurance operations in Ukraine and exit the Ukrainian market.   23 October 2018
Generali buys Polish asset manager Union Investment TFI
Insurance
Italian insurer Generali will acquire Polish asset management company Union Investment TFI from the German Group Union Asset Management Holding to bolster its presence in central and eastern Europe (CEE).   23 October 2018
Insurance
Intermediary Hyperion Insurance Group will establish a new technology-focused business that will manage the group's third-party insurtech investments, as well as incubate its own start-up ventures.   23 October 2018
Insurance
Property/casualty insurer Liberty Mutual Insurance is undertaking a strategic review of its London-based Pembroke Managing Agency, which came into its portfolio when it acquired lronshore in May 2017.   23 October 2018
Insurance
Azur, a managing digital agent (MGA), has completed its series B funding round, raising £13.3m of funding and support from AIG, Ascot Group (owned by CPPIB, the Canada Pension Plan Investment Board), Hyperion Insurance Group and the serial fintech angel and entrepreneur Richard Little.   23 October 2018
Insurance
Broker Brown & Brown is acquiring the insurance operations of Minneapolis-based Hays Companies, a brokerage firm that operates across 21 US states.   23 October 2018
Insurance
Ireland is the favoured location for London company market players wanting to secure access to EU customers after the UK leaves the EU, according to the latest London Company Market Statistics Report published by the International Underwriting Association of London (IUA).   23 October 2018
News
Against a backdrop of consolidation and change among global reinsurers, focused regional players can reap the rewards and offer cedants something they cannot find elsewhere: strong local knowledge and expertise, argues Fuad Kuliyev of Az Re.   23 October 2018
Insurance
Although the term ‘insurtech’ can be a bit of a distraction, it is clear that all aspects of insurance will be fundamentally impacted by developments in data and analytics that improve decision-making, and by the technology that makes it all happen smoothly.   23 October 2018

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