Articles
Insurance
Liberty Specialty Markets (LSM) has rebranded its reinsurance division as Liberty Mutual Re and launched a reinsurance operation in Italy for the first time. 3 July 2018
Insurance
Swiss Re Corporate Solutions has opened a new office in Hamburg, Germany to grow its regional commercial insurance portfolio. 3 July 2018
Insurance
Billionaire investor David Einhorn told clients that his Greenlight Capital hedge fund, which manages the investments for reinsurer Greenlight Re, suffered fresh losses in June and has now dropped 18.3 percent this year, according to a Reuters report. 3 July 2018
Insurance
Canada-based life insurer Sun Life Financial is in “a strong capital position” to pursue merger and acquisition (M&A) opportunities, CEO Dean Connor told AM Best. 3 July 2018
Insurance
Marsh & McLennan Agency (MMA), a middle market agency subsidiary of Marsh, has acquired Rockville, Maryland-based Insurance Associates, an independent insurance agency specializing in the construction industry. 3 July 2018
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Dutch insurance group Aegon has signed an agreement to expand its partnership with Banco Santander in Spain. 3 July 2018
Insurance
Pool Re, a UK mutual commercial reinsurer whose members include insurers and Lloyd’s syndicates, has appointed Tracey Paul to the newly-created role of chief strategy and communications officer. 3 July 2018
Insurance
Independent Lloyd's broker AFL Insurance Brokers has acquired a controlling stake in specialist employer protection managing general agency (MGA) Concordia Employment Services (Concordia). 3 July 2018
Insurance
Momentum for rate increases on loss-free reinsurance accounts dissipated during the June/July property catastrophe renewals, and in some cases, pricing declined, according to Willis Re. 2 July 2018
Insurance
European run-off insurance company DARAG has appointed Tom Booth as its new group CEO. 2 July 2018
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