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Insurance
UK-based Aviva said that it has completed the sale of its 50 percent shareholding in life insurance and pension joint ventures Unicorp Vida and Caja España Vida, as well as its retail life insurance business Aviva Vida y Pensiones, to Santalucía Compañía de Seguros y Reaseguros. 18 September 2017
Reinsurance
Diversification should not be regarded as a panacea by reinsurers and the industry as a whole must be wary of the consequences of under-pricing catastrophe risks however they are packaged. 8 September 2013
Insurance
Sirius International Insurance Group (Sirius Group) has made a series of appointments as part of an expansion of its global team. 5 October 2016
Insurance
Specialist commercial insurer CNA Hardy has confirmed its plan to exit property treaty, marine hull and construction/erection all risks (CAR/EAR) business on the Lloyd’s platform. 8 October 2018
Insurance
Swiss Re has announced that its share buy-back programme of up to one billion Swiss Francs (£660 million) will start on 12 November 2015. The programme, announced on 29 October 2015 and authorised by the firm’s annual general meeting on 21 April 2015, will run until 2 March 2016 at the latest. 11 November 2015
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) has revealed two new legacy deals including a US-based subsidiary of AXA Group. 19 September 2018
Insurance
Newbridge Risk Partners, an underwriting cell on the Castel MGA formation platform, has secured a new binder with Lloyd’s and London company market capacity to support the continuing growth of its political violence and terrorism insurance and reinsurance business. 9 November 2017
Insurance
The war of words between Argo Group and activist shareholder Voce Capital Management has intensified in the run up to a crucial May 24 vote when shareholders will have to choose between supporting Argo’s directors and nominees and proposals for change mooted by Voce. 13 May 2019
Insurance
Randall & Quilter Investment Holdings has written a loss portfolio transfer reinsurance contract to assume a bonds portfolio issued by an undisclosed Fortune 500 Insurance Group. 19 June 2017
Insurance
Re/insurer XL Catlin has opened its first political risk, credit and bond (PRCB) insurance practice in Canada, and appointed Marvin Azzopardi as senior underwriter. 31 May 2017
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