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Zurich seeks growth in Asia Pacific as it closes A$2.85bn Australian life acquisition
Insurance
Zurich Insurance Group has completed the acquisition of ANZ’s life insurance business OnePath Life in Australia for A$2.85 billion ($2 billion), becoming the country’s largest retail life insurer.   3 June 2019
AM Best moves Greenlight Re outlook to 'negative' over underwriting profitability concerns
Insurance
Rating agency AM Best has revised the outlook of Cayman Islands-based reinsurer Greenlight Capital Re to negative from stable, expressing concern over its "negative underwriting performance".   3 June 2019
Tasker Insurance Group boosts specialist broking capabilities with Hobbs acquisition
Insurance
Tasker Insurance Group (TIG) has acquired specialist broker Hobbs Broking (Hobbs Associates) as part of strategy to further accelerate its growth plans.   3 June 2019
Insurance
Re/insurance broker Aon has entered into a commercial partnership with insurtech start-up CoverWallet, an online platform helping small businesses to understand, buy and manage insurance, in Australia.   31 May 2019
Insurance
Activist investor Voce Capital Management has withdrawn its controversial board nominations ahead of insurer Argo’s annual general meeting after official state approval was revoked.   22 May 2019
Insurance
A last ditch attempt by British Steel to claim a disputed £30 million in insurance from Zurich Insurance and Liberty Insurance to potentially save the firm from insolvency has failed as Intelligent Insurer went to press.   22 May 2019
Insurance
Seven insurance firms have joined the property and casualty sector of The Institutes RiskStream Collaborative, an organisation testing blockchain-based applications, including a proof of insurance, and a first notice of loss data-sharing process.   22 May 2019
Insurance
Technology is being used in increasingly flexible ways to create the insurance products needed by the modern world.   22 May 2019
Insurance
Munich Re Life has appointed Quentin Marsh as new chief financial officer (CFO) of US life and health.   22 May 2019
Insurance
Canada-based Fairfax Financial Holdings, the property and casualty re/insurance conglomerate which includes OdysseyRe, Allied World and Brit, has appointed John Varnell to serve as its chief financial officer (CFO) on an interim basis following the sudden and unexpected death of David Bonham this past weekend.   22 May 2019

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