Global insurance markerplace Lloyd’s of London has outlined a new strategy that includes various transformational initiatives which it claims will potentially shape the future of the global (re)insurance market.
02 May 2019
24 Apr 2019
The new plant could be a useful solution to the 90% of plastics going to landfill in the US, but environmental groups are concerned it may encourage more use of a material they're trying to limit
22 Apr 2019
Munich Re Syndicate Singapore (MRSS), a subsidiary to Munich Re’s Lloyd’s syndicate, has formed a partnership with Nectar Specialty Risk, a Singapore-based customized reinsurance services provider.
15 Apr 2019
French insurer Compagnie Française d'Assurance pour le Commerce Extérieur (Coface) has acquired SID – PKZ, a Slovenia-based credit insurance company for an undisclosed amount.
25 Mar 2019
Pembroke, Bermuda-based RenaissanceRe has completed the acquisition of Tokio Millennium Re (TMR) for $1.5bn, after receiving all the required regulatory approvals.
22 Mar 2019
Liberty Mutual Insurance Group’s subsidiary Liberty Specialty Markets has re-domiciled its European insurance company, Liberty Mutual Insurance Europe SE, (LMIE) to Luxembourg.
21 Mar 2019
German reinsurance giant Munich Re has revealed in its financial outlook that it is aiming to increase its profit for the current year by €200m to about €2.5bn.
18 Mar 2019
Arch Mortgage Insurance (Arch MI), a provider of private insurance covering mortgage credit risk, has secured over $341m of indemnity reinsurance from insurance-linked security (ILS) transaction.
13 Mar 2019
RenaissanceRe has secured all the necessary regulatory approvals for its $1.5bn acquisition of TMR, the reinsurance platform of Tokio Marine.
11 Mar 2019
German reinsurance giant Hannover Re has reported a 10.5% increase in its net income for the full year (FY) 2018 to €1.05bn, compared to €958.6m for the FY 2017.