News
Insurance
Independent proxy advisory firm Glass Lewis has recommended that AmTrust Financial Services stockholders vote “FOR" the company's merger agreement at the special meeting of stockholders on June 4, 2018, according to a May 25 AmTrust statement. 29 May 2018
Insurance
Italian insurer Generali has set up a new branch in the Grand Duchy of Luxembourg dedicated to the employee benefits business. 29 May 2018
Insurance
General Insurance Corporation of India (GIC Re) has reported a combined ratio of 104.0 percent for the financial year ended 31.3.2018 after 99.7 percent in the period ended 31.3.2017. 29 May 2018
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has opened its first branch office in Amsterdam, Netherlands to support plans to expand its operations in Europe as the UK leaves the EU. 29 May 2018
Insurance
Reinsurance, wholesale and specialty broker Ed has received a license to carry out general insurance mediation business by the Jersey Financial Services Commission. 29 May 2018
Insurance
Concerns over pricing, reserves, and interest rate weigh on investor sentiment in the property/casualty re/insurance sector, according to Morgan Stanley. 29 May 2018
Insurance
Australia-based QBE has been granted a license for a new Belgian subsidiary QBE Europe to enable the company to maintain continued passporting rights across the European Economic Area (EEA) after the UK leaves the EU. 29 May 2018
Insurance
Specialty re/insurer Brit has hired Hiscox and The Hartford executives to bolster its Brit Global Specialty USA (BGSU) professional liability team. 29 May 2018
Insurance
Swiss Re and SoftBank Group have agreed to end discussions about a potential minority investment of SoftBank in Swiss Re. 28 May 2018
News
Insurtech firms have been transforming the personal lines business by delivering new applications and products for clients. But now it’s time for new technology to upgrade the commercial side of the insurance business, as Trevor Maynard, Lloyd’s head of Innovation, commercial, suggested to Intelligent Insurer. 25 May 2018
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