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Insurance
US-based global health service company Cigna Corporation has announced the termination of the merger agreement with insurer Anthem, demanding $15 billion damages but Anthem is unwilling to pay. 15 May 2017
Insurance
UK insurer Liverpool Victoria Friendly Society (LV=) has confirmed in a statement that it has recently received approaches from a number of parties regarding possible strategic transactions relating to its general insurance operations. 15 May 2017
Insurance
The retail international division and the property/casualty (P&C) reinsurance segment boosted growth of Hannover Re parent Talanx in the first quarter of 2017. 15 May 2017
Insurance
Major ransomware worm attacks such as the recent one dubbed ‘WannaCry’ which hit several organisations such as the UK’s health care system NHS and Spain’s telecoms firm Telefonica are expected to become more frequent and expose the protection gap in the global economy, according to experts. 15 May 2017
Insurance
Former DARAG CEO Arndt Gossmann and brokerage sales expert Gerd Meyer have resurfaced at composite insurer Schwarzmeer- und Ostseeversicherungs-AG (SOVAG) as the new members of its management board. 12 May 2017
Insurance
The Lloyd’s Market Association (LMA) and Association of British Insurers (ABI) have called for a major overhaul to the way personal injury discount rate is set, citing the existing framework as "fundamentally flawed". 12 May 2017
Insurance
Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Germany’s Allianz, is working with insurtech Praedicat to better predict the key catastrophe liability risks of the future. 12 May 2017
Insurance
Skuld, a protection and indemnity (P&I) club for Scandinavian shipowners grew profitability in the 2016 financial year ending February 20, 2017 as the frequency of regular claims remained low and due to a “strong” return on investments. 12 May 2017
Insurance
Hudson Structured Capital Management (HSCM) acted as a lead investor in the recent $45.5 million private debt arrangement for Catalina General Insurance, a subsidiary of Catalina Holdings (Bermuda), the company has revealed. 12 May 2017
article
Both profits and growth dipped at Italian insurer Generali in the first quarter as the company blamed a more disciplined underwriting approach in its life business and a lower investment result due to its policy of reducing realised gains. 11 May 2017
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