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Vienna Insurance Group (VIG) has merged its Baltic states subsidiaries InterRisk and BTA Baltic Insurance Company to strengthen its market position in the region. 12 January 2018
Insurance
Allianz will open its simplified cash tender offer for Euler Hermes shares on January 15, offering 122 euros per share, after French markets regulator Autorité des marchés financiers (AMF) cleared Allianz tender offer and the related tender offer document. 12 January 2018
Insurance
Insured losses due to wind from European winter storm Eleanor/Burglind will range between €1.1 billion and €1.6 billion, according to AIR Worldwide. 12 January 2018
Insurance
Investment manager Twelve Capital has revealed details of some of the recent private debt deals it has completed for insurers. 12 January 2018
Insurance
Verisk, the data analytics provider, has launched a new personal lines flood insurance programme, which is designed to make flood coverage more widely available to homeowners anywhere in the contiguous US. 12 January 2018
Insurance
The final loss estimate for extra-tropical cyclone Egon has remained unchanged from the third estimate issued in July by the catastrophe insurance data provider PERILS. 12 January 2018
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has appointed Lars Vissing as regional unit London (RUL) head of claims, starting in February 2018. 10 January 2018
Insurance
The family that originally helped found AmTrust Financial Services has partnered with private equity funds managed by Stone Point Capital to propose taking the troubled insurer private in a deal worth around $1.4 billion. 10 January 2018
Insurance
A wide swath of rating movements for North American property/casualty (P/C) insurers due to capital pressure is unlikely, S&P Global Ratings has surmised having completed a stress test on the sector. 10 January 2018
Insurance
JLT Specialty, a subsidiary of Jardine Lloyd Thompson Group (JLT), has appointed Lucy Clarke as chief executive (CEO) of the group’s worldwide insurance broking activities. She was previously CEO of its marine and energy businesses. 10 January 2018
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