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Insurance
Aon said on Oct. 30 that it has acquired has acquired UK’s independent insurance broking firm Henderson Insurance Broking Group. 30 October 2017
News
Hannover Re has said it expects to generate a net profit around €1.17 billion in 2016, a small increase on the €1.15 billion) it made in 2015. The company stressed that this will surpass its profit target of at least €950 million for the year. 7 February 2017
Insurance
No end to the current soft market is yet in sight, James Kent, president of Willis Re North America, told PCI Today, and he believes this will be a major talking point at this week’s conference in Dallas. 23 October 2016
Insurance
Munich Re has set a profit target in the range of €2.3–2.8 billion ($2.55-3.1 billion) for the current year. 16 March 2016
Insurance
SOBC DARAG, a subsidiary of run-off specialist DARAG UK, has launched a new office in Bermuda with four senior hires from Randall & Quilter, in a move aimed at "significant expansion" in North America and on the island. 1 August 2019
Insurance
Cyber security hit the headlines again this week as a UK watchdog said it intends to fine British Airways (BA) £183.39m for breaches of data protection law. 9 July 2019
Insurance
Bermuda-based James River Group Holdings's chief executive officer Robert Myron is stepping down from the top position due to ill health, the company said July 31. 1 August 2019
Insurance
AmTrust Financial Services has completed the merger transaction in which Evergreen Parent acquired the approximately 45 percent of the company’s issued and outstanding common shares that the Karfunkel-Zyskind Family and certain of its affiliates and related parties did not already own or control. 29 November 2018
Alternative Risk Transfer
Reinsurance placements at 1 January 2019 highlight a pricing gap between accounts with peak peril exposures or poor loss records and the rest, with many reinsurers placing emphasis on the quality of client counterparties, according to the latest 1st View renewals report from Willis Re. 2 January 2019
Insurance
Strategically, insurers are reducing the capital intensity of the business by focussing on health, protection, unit-linked, asset management and short-tail property/casualty (P&C) lines, according to Morgan Stanley. 13 April 2018
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