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Insurance
Global mergers and acquisitions’ activity has been “well below average levels recorded in the 2000s-era” in terms of both deal value and deal count, CreditSights analysts said in an Oct. 29 research note. 30 October 2017
Insurance
Insurtech investment volume jumped 155 percent year on year to $724 million in the first quarter of 2018, according to research by Willis Towers Watson. 23 May 2018
Insurance
Vienna Insurance Group (VIG) said on June 26 that chief financial officer (CFO) Martin Simhandl is resigning for personal reasons. 27 June 2017
Insurance
AmTrust at Lloyd’s is looking to combine its three non-life Lloyd’s syndicates into a single entity, and has applied for the approval. 11 September 2017
Insurance
Universal Insurance Holdings (UVE) has sold 583,771 shares of common stock to RenaissanceRe Ventures, a subsidiary of RenaissanceRe in a private placement. 29 April 2016
Insurance
Malta-based Building Block Insurance (BBI) is expanding its footprint into Europe after signing an agreement with Spanish broker Slora to sell gadget insurance. 10 April 2017
Insurance
Kennedys, a law firms specialising in re/insurance, has opened offices in Brazil and Peru as part of its expansion in Latin America. 19 July 2016
Insurance
Ryan Specialty Group (RSG) has acquired the Nordic operations of Navigators for an undisclosed amount, and the regional offices associated with the deal renamed RSG Sweden and RSG Denmark. 4 January 2017
Insurance
Swiss Re is cutting back its business not only in property/casualty (P&C) but also in its favoured corporate solutions segment as rates reach intolerable levels and waits for the operating environment to improve. 24 February 2017
News
Bermuda-based Endurance Specialty Holdings has announced that Jerome Faure will join the company on March 11 as CEO of global reinsurance. He will be responsible for Endurance’s North America, Bermuda and international reinsurance operations. Most recently, Faure was a partner in ILS Capital Management in Bermuda focused on insurance linked securities, industry loss warranties and collateralized reinsurance. Prior to that, he served as director and chief underwriting officer for Tokio Millennium Re. He started his career at Scor. 27 February 2013
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