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Insurance
Brazil’s largest investment bank, Banco BTG Pactual, has agreed to buy Swiss private bank BSI from Generali for SFr1.5 billion ($1.68 billion). 14 July 2014
Insurance
Liberty Mutual’s national accounts property unit has expanded its divisional structure and added five underwriters as it seeks to support its strategy of becoming a lead market for large, complex global property risks. 11 July 2014
Insurance
Aspen Insurance has responded to another attack on its performance made by Endurance yesterday (Thursday July 10) by issuing its preliminary financial results for the second quarter of 2014 and writing to shareholders refuting several of Endurance’s specific claims. 11 July 2014
Insurance
Re/insurers must remain cautious despite few natural catastrophe losses in the first half of the year, warns Munich Re’s Torsten Jeworrek. 10 July 2014
Insurance
Endurance has again launched a blistering attack on the performance of Aspen Insurance as it continues to try to convince Aspen shareholders to force a special general meeting that would pave the way for Endurance to buy the company. 10 July 2014
Insurance
RFIB Group, a Lloyd’s re/insurance broker, has appointed Richard Dyke as operations manager of its non-marine international division. 9 July 2014
Insurance
NN Group has appointed Robin Spencer, formerly of Aviva, as chief executive officer (CEO) international insurance. 8 July 2014
Insurance
Pardus, a newly launched managing general agency, has appointed Nick Paine as head of North American property. Property will be the first of several classes that Pardus plans to launch this year. 8 July 2014
Insurance
An EU-wide compulsory environmental liability insurance system would not benefit customers and so should not be introduced, according to Insurance Europe, the European insurance and reinsurance federation. 7 July 2014
Insurance
XL Group’s insurance operation in Iberia has made two appointments as the group seeks to strengthen its financial lines capabilities. 7 July 2014
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