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Private equity firm JC Flowers said that it finalized the acquisition of UK General Insurance Group on May 24, following regulatory approval. 25 May 2017
Insurance
Specialist insurer Tokio Marine Kiln (TMK) said that it has launched a visual effects (VFX) and post production media insurance offering. 25 May 2017
Insurance
UK insurer Liverpool Victoria Friendly Society (LV=) has confirmed in a statement that it has recently received approaches from a number of parties regarding possible strategic transactions relating to its general insurance operations. 15 May 2017
Insurance
Allianz Global Corporate & Specialty (AGCS), the corporate insurance carrier of Germany’s Allianz, is working with insurtech Praedicat to better predict the key catastrophe liability risks of the future. 12 May 2017
Insurance
German insurer Allianz has reported an increase in operating profit for the first quarter of 2017 despite a rise in large losses and a “higher than expected” charge from the UK’s Ogden personal injury discount rate change. 12 May 2017
Insurance
Skuld, a protection and indemnity (P&I) club for Scandinavian shipowners grew profitability in the 2016 financial year ending February 20, 2017 as the frequency of regular claims remained low and due to a “strong” return on investments. 12 May 2017
Insurance
Re/insurance broker Jardine Lloyd Thompson (JLT) has appointed Mike Mortlock as a partner within the professional indemnity team to strengthen its newly-established legal practices group. 12 May 2017
Insurance
XL Catlin’s insurance operation in Iberia has officially launched its accident and health (A&H) insurance solution for the Spanish market. 12 May 2017
Insurance
Bunker, a San Francisco-based digital business insurance platform, has officially launched operations after having raised $6 million in a Series A funding. This follows less than a year after announcing a $2 million seed round and launching in beta version. 12 May 2017
Insurance
Hudson Structured Capital Management (HSCM) acted as a lead investor in the recent $45.5 million private debt arrangement for Catalina General Insurance, a subsidiary of Catalina Holdings (Bermuda), the company has revealed. 12 May 2017
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