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Zurich makes $0.4bn Adira acquisition, becomes largest foreign P&C insurer in Indonesia
Insurance
Zurich Insurance Group is acquiring 80 percent of PT Asuransi Adira Dinamika (Adira Insurance), a property and casualty (P&C) insurer in Indonesia, from PT Bank Danamon Indonesia and a minority investor.   27 September 2018
Munich Re, XL, Sompo invest $20m in insurtech Slice
Insurance
US-based insurtech Slice Labs, which offers cloud-based on-demand insurance, has raised an additional $20 million in Series A funding to further expand its offering on a global scale.   27 September 2018
Brit targets North America with investment in MGU Sutton Special Risk
News
Speciality re/insurer Brit owned by Fairfax Financial Holdings has made a significant investment in Sutton Special Risk, a managing general underwriter (MGU) specialising in accident & health business, in a deal that offers Brit exposure to more business in the US and Canada.   8 January 2019
Insurance
Insurtech start-up iX Technology Group has appointed Sally Coryn as executive chairman, responsible for developing the group’s strategy as it seeks to build innovative blockchain-based solutions to meet the needs of the insurance market.   12 October 2018
Insurance
International General Insurance Holdings (IGI) has appointed Stephen Rix as its new chief actuary from Capsicum Re.   11 October 2018
Insurance
Warren Buffett said he doesn’t want Berkshire Hathaway being a leader on cyber insurance because neither he nor others in the industry really know the risk, according to a May 5 Bloomberg News report.   8 May 2018
Insurance
Pioneer Underwriters, an underwriting group within Minova Insurance Holdings, has unified its financial institutions (FI) businesses into one global underwriting operation.   31 January 2019
Insurance
The Global Federation of Insurance Associations (GFIA) has elected Recaredo Arias as its new president and a member of its executive committee.   12 November 2018
Insurance
London-based specialty insurer Newline Group is launching its post-Brexit European Union insurance hub in Cologne, Germany.   29 May 2018
Insurance
Swiss Re Corporate Solutions has opened a new office in Hamburg, Germany to grow its regional commercial insurance portfolio.   3 July 2018

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