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European asset management firm Amundi has acquired Italy headquartered Pioneer Investments for an all-cash deal of €3,55 billion. 12 December 2016
Insurance
Against a backdrop of low growth and lower interest rates in the US and European economies, insurers are looking overseas to Asia and in particular Hong Kong at M&A strategies to grow revenues and tap new technologies. 28 November 2017
Insurance
The Association of British Insurers (ABI) has reported further progress with the clean-up in the wake of winter storms, with 90 percent of the 15,000 property claims received after Storms Desmond, Eva and Frank now either fully or partly settled. 16 June 2016
Insurance
Sponsoring transparent and understandable cat bonds—including bonds that use parametric triggers—could become one of the most effective risk transfer instruments for emerging economies to resolve the developing issue of the protection gap at the macro level, Kirill Savrassov, CEO of Phoenix CRetro, a niche Bermudian ILS specialist, told Baden-Baden Today. 25 October 2017
Insurance
Chubb has launched a new range of marine insurance products in China. 5 September 2016
Insurance
The French Federation of Insurance (FFA) has been established following the merging of the French Federation of Insurance Companies (FFSA) and the Association of Mutual Insurance Companies (GEMA). 12 July 2016
Insurance
Property and casualty insurer Chubb has promoted Steve Parry to the role of director of claims for Europe and Eurasia and Africa, succeeding Peter Murray, who is retiring this year. 2 February 2017
Insurance
Specialist insurer Beazley has appointed Dirk Froese as head of aviation from May 2016 to coincide with the planned retirement of the current leader, David Oates. 21 September 2015
Insurance
Trust Insurance Management WLL, a subsidiary of Trust Re, a reinsurer based in the Kingdom of Bahrain, has been approved as a Lloyd’s Coverholder. 15 April 2016
Insurance
Only 40 percent of the top 100 US property and casualty (P&C) insurers reported an underwriting profit over the last five accident years. 25 October 2016
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