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Insurance
General Electric (GE) is working with investment bankers to find ways to shed its insurance business, Reuters reported on May 22 citing “people familiar with the matter”. 24 May 2018
Insurance
Amercian International Group (AIG) EMEA saw cyber claims go up significantly in 2017, reaching a total as high as in the previous four years combined, driven by ransomware attacks and cyber business interruption. 24 May 2018
Insurance
Specialty re/insurer Canopius has appointed Stephan Ott as its new head for Continental Europe, reinsurance. 24 May 2018
Insurance
Bermuda-based financial guaranty insurance provider Assured Guaranty filed an adversary complaint against the Commonwealth of Puerto Rico, the financial oversight and management board for Puerto Rico (Oversight Board), Puerto Rico governor Ricardo Rosselló Nevares and others. 24 May 2018
Insurance
Specialist insurer QBE North America has launched a policy offering coverages for construction projects as part of its inland marine product expansion. 24 May 2018
Insurance
Farmers Group has appointed current chief claims officer Keith Daly as the new president of personal lines effective June 11. 24 May 2018
Insurance
The CEO and chairman of Austria’s UNIQA Insurance Group, Andreas Brandstetter, has been elected president of the European insurance and reinsurance federation (Insurance Europe) for a term of three years. 24 May 2018
Insurance
Shareholders representing 39 percent of the equity have voted against the continuation of the Blue Capital Alternative Income Fund at the annual general meeting and the company’s board is recommending an orderly run-off of the company. 11 May 2018
Insurance
Talanx group units Hannover Re and HDI Global are merging their specialty activities in a new joint venture in order to capture global growth and high-margin specialty business. 11 May 2018
Insurance
Compre, a European re/insurance legacy specialist focused on the acquisition and management of discontinued non-life portfolios, has hired QBE's Simon Hawkins as new chief operating officer (COO). 11 May 2018
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