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Insurance
Insurance services firm Charles Taylor has taken substantial stakes in two Standard Club businesses in a deal that will allow it to offer managing agency services to new syndicates. 20 February 2015
News
Vienna Insurance Group’s VIG Re plans to grow its reinsurance business in Western Europe, particularly in Germany, the company said in a press release. 23 March 2017
Insurance
Swiss Re has appointed Mike Mitchell as the head of property and specialty reinsurance to succeed Edouard Schmid who will assume the group chief underwriting officer (CUO) role at the company. 23 March 2017
Insurance
A reduction in UK motor insurance premiums is underway as insurers anticipate reforms to curb whiplash claims and reduce lump-sum payments for long-term care costs and lost earnings, according to Fitch Ratings. 18 April 2018
Insurance
Specialist insurer Markel International has applied to the Dubai Financial Services Authority (DFSA) to establish a company to operate within the Dubai International Financial Centre (DIFC). 30 July 2014
Insurance
Universal Property & Casualty Insurance Company (UPCIC) has expanded the top of its reinsurance tower for a single Florida event by $350 million to $3.00 billion as part of Universal Insurance Holdings’ 2018-2019 reinsurance programmes, effective June 1, 2018. 31 May 2018
Insurance
Australian financial services firm AMP said on Aug. 10 that it completed a reinsurance program with Munich Reinsurance Company of Australasia (Munich Re) and General Reinsurance Life Australia (Gen Re). 11 August 2017
Insurance
Specialty insurance holding Navigators Group has promoted Patrick Milner to president of NavTech, succeeding Stephen Coward, who retired at the end of July after more than 15 years with the company. 11 August 2017
Insurance
UK-based life insurance group Prudential said on Aug. 10 that it is merging its Prudential UK & Europe unit with its asset manager M&G to form a leading savings and investments business. 10 August 2017
Insurance
The acquisition of Bermuda-based Endurance has lifted Sompo Holdings’ overseas profit between April and June 2017, helping to improve the consolidated results. 10 August 2017
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