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Italian insurer Generali has begun exclusive talks with Banco BTG Pactual on the sale of the insurer’s Swiss private banking unit. 15 May 2014
Insurance
Allianz Insurance has appointed Gary Davess, formerly of Tesco Bank, to its retail division as director, specialty and direct. He succeeds Neil Brettell who joined the Allianz management board as general manager, retail division in January this year. 14 May 2014
Insurance
Insurer Arthur J. Gallagher (AJG) has appointed Curtis Anderson, Sarah DiLorenzo, Richard Tallo and Thomas Tropp as corporate vice presidents (VP). 14 May 2014
Insurance
Novae Group, the specialist Lloyd’s insurance group, enjoyed solid growth in the first three months of 2014 in what it described as a challenging rating environment as it targeted more speciality classes of business. 14 May 2014
Insurance
Catlin Group posted very healthy growth in the first quarter of 2014 driven by its reinsurance book and international operations. While its CEO warned on softening rates in catastrophe-exposed lines, he said some hardening was occurring elsewhere. 14 May 2014
Insurance
Run-off insurer DARAG has expanded its management and executive teams following its acquisition by Keyhaven Capital Partners. 13 May 2014
Insurance
Insurer Arthur J. Gallagher (AJG) has acquired California based Sunderland Insurance Services. 13 May 2014
News
Liberty Mutual has launched a new source of reinsurance, equipment breakdown, for property and casualty insurers. 9 May 2014
Insurance
UK insurer RSA said a more disciplined underwriting approach was behind a fall in its net written premiums in the first quarter of the year, a period during which it also completed a rights issue to shore up its capital base. 8 May 2014
News
Profits at Hannover Re crept slightly higher in the first quarter of 2014 driven by the strong performance of its non-life reinsurance operation. But its CEO warned on what he called a challenging business environment. 7 May 2014
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