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Insurance
SCOR’s MutRé acquisition has resulted in a mark-up of the value of the investment by €26 million in the first quarter of 2018, allowing the reinsurer to beat the analysts’ consensus by 24 percent, according to a Jefferies analyst note.   30 April 2018
RSA appoints new CEOs of Ireland and Scandinavia
Insurance
RSA Insurance Group has appointed Kevin Thompson as the new chief executive of its Irish business, RSA Ireland, replacing Ken Norgrove who is moving to the role of CEO of Codan/Trygg-Hansa, the company's Scandinavian business.   16 September 2019
Insurance
The rushed timetable leading up to the January 2016 implementation of Solvency II is not realistic and will cause implementation challenges and costs for insurers, the deputy director general of Insurance Europe has claimed.   9 March 2015
Insurance
Swiss Re International, the Luxembourg-based subsidiary of Swiss Re Corporate Solutions, has obtained formal authorisation from the Office of the Commissioner of Insurance Hong Kong to carry on with general insurance business in or from Hong Kong.   1 September 2016
Insurance
BMS Group has secured a long-term equity investment, which values the specialist re/insurance broker at £500 million, from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP).   9 October 2019
Insurance
Munich Reinsurance America has appointed Michael Kerner as CEO for Munich Re Specialty Insurance, a new commercial insurance unit in North America.   17 December 2018
Insurance
Bermuda-based specialist insurer Hiscox appointed Tom Shewry to the role of director of group finance.   20 September 2017
Insurance
Losses to the insurance industry are the highest ever for bushfires for seven consecutive days.   17 February 2020
Insurance
Berkshire Hathaway should buy insurance giant AIG, which has recorded a $3 billion loss for the fourth quarter of 2016, prompting the CEO to resign, analysts at Keefe, Bruyette & Woods (KBW) suggested in a March 10 research note.   13 March 2017
Insurance
Lloyd’s specialty re/insurer Canopius agreed to cede risks to the UK government-backed Flood Re scheme.   14 December 2017

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