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Rongfeng Holding Group and a related party plan to acquire a majority stake in National Bank Of Greece's insurance unit Ethniki Hellenic General Insurance, according to a Reuters Feb. 12 report. 12 February 2018
News
RenaissanceRe enjoyed strong growth of almost 11 percent in the first quarter of 2014 driven by its Lloyd’s and specialty businesses. Its profits dipped, however, as its chief executive warned of pressure on pricing and available capital in the market outstripping demand. 30 April 2014
Insurance
The rising demand for financial services in Asia offers many opportunities for London and Singapore to strengthen their connections for sustainable insurance growth, Ravi Menon, managing director of the Monetary Authority of Singapore (MAS) told the Insurance Institute of London in a speech at Lloyd’s yesterday (Tuesday May 12). 13 May 2015
Insurance
Gramercy Risk Holdings, a New York-based insurance programmes management platform, has raised an undisclosed amount of equity capital, which it plans to use to buy and capitalise a shell insurance company. 21 December 2017
Insurance
Insurers are preparing for a surge in demand for cyber cover in personal lines as the awareness of the risk grows in the population and cybercrime cases jump. 16 June 2017
Insurance
Acappella Syndicate 2014 has appointed David Jones as divisional head of its casualty insurance portfolio. 12 January 2015
Insurance
IT software firm Ebix has been selected as the Placing Platform Limited (PPL) board’s preferred software supplier to develop an electronic placing platform. 26 May 2015
Insurance
Billionaire investor Carl Icahn disclosed a 9.38 percent stake in insurer AmTrust Financial Services and said in a letter to the insurer’s board that he strongly opposed the going-private deal. 18 May 2018
Insurance
JLT Specialty USA, a US subsidiary of JLT, has appointed Tom Delaney as senior vice president (SVP). 8 June 2016
Insurance
New York-headquartered Assurant is adding three members to its management committee to “accelerate decision-making across all of the company’s most critical businesses and to support its global growth strategy,” according to a corporate statement. 13 November 2018
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