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Banco Sabadell has expanded its joint venture with Zurich so that the multinational once again becomes the bank’s sole partner in the sale of life assurance, general insurance and pension plans in Spain. 21 May 2014
News
French reinsurer SCOR has established a new unit which will centralise and widen its activities in alternative and hybrid reinsurance solutions and which will also incorporate its insurance-linked securities (ILS) activities. 21 May 2014
Insurance
Lloyd’s has made three senior appointments to the Lloyd’s Council and Lloyd’s franchise board. 20 May 2014
Insurance
Catastrophe modelling firm AIR Worldwide (AIR) has collaborated with Pana Harrison (Asia), a Singaporean and Lloyd's registered general insurance and reinsurance broker, to better assess and manage catastrophe risk on behalf of its clients. 20 May 2014
Insurance
The Chubb Group of Insurance Companies has created the Fine Art Practice, bringing together the expertise of its fine art resources worldwide in underwriting, loss prevention, appraisal and claims to respond to the evolving needs of its personal insurance clients with large and valuable collections. 19 May 2014
Insurance
Capita Insurance Services has completed a transaction to finance the start–up of Pardus Holdings by taking a minority stake. 19 May 2014
Insurance
Bermuda-based American Overseas Group has appointed Patricia Ryan as executive vice president (EVP) and general counsel of the company. 16 May 2014
Alternative Risk Transfer
Sole Indian reinsurer General Insurance Corporation (GIC) is actively evaluating the feasibility of issuance of catastrophe bonds which may be floated in a different country. 16 May 2014
Insurance
Zurich Insurance Group enjoyed a 20 percent rise in net profits on the back of a small rise in revenues in the first quarter of 2014 as it started to implement a strategic programme designed to streamline the business. 15 May 2014
Insurance
Italian insurer Generali posted improved profits and some growth in its results for the first quarter of 2014 as it said it expects to meet its solvency targets ahead of schedule. 15 May 2014
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