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Insurance
Specialist Lloyd’s insurance group Chaucer has formed a strategic partnership with AXA to support the development of a new specialty insurance business in Africa. 19 April 2016
Insurance
Insurer Ironshore has reached an agreement to acquire the remaining 80 percent equity interest in privately-held insurance holding company Lexon Surety Group, and its surety-related affiliates. 11 April 2016
Insurance
Anbang Insurance Group, a global insurance group headquartered in Beijing, China, and Allianz have jointly announced the signing of a sale and purchase agreement by which Allianz Group is to sell Allianz Life Insurance Korea and Allianz Global Investors Korea to Anbang Insurance Group. 6 April 2016
Insurance
Novae, the specialist listed Lloyd’s insurer, has appointed Steve Cross as unit head of construction. 5 April 2016
News
Software designed by Munich Re Automation Solutions, a software provider of automated underwriting solutions and subsidiary of Munich Re, will enable Disability Insurance Made Easy (DIME), a web-based disability insurance programme, the company has said. 5 April 2016
Insurance
Bermuda-based insurance group Enstar Group has announced that one of its wholly owned subsidiaries completed a previously announced transaction to reinsure portfolios of Allianz Re’s US run-off business. 1 April 2016
Insurance
Catalina Holdings UK, a subsidiary of Catalina Holdings, a consolidator in the non-life insurance/reinsurance run-off sector, is to acquire AGF Insurance from AGF Holdings (UK), a subsidiary of Allianz SE. 30 March 2016
Insurance
Shipping losses continued their long-term downward trend with 85 total losses reported worldwide in 2015, according to Allianz Global Corporate & Specialty SE’s (AGCS) fourth annual Safety and Shipping Review 2016, which analyses reported shipping losses of over 100 gross tons. 22 March 2016
Insurance
Insured catastrophe losses in 2015 were below average, according to a new report by Guy Carpenter, despite the year being one of the strongest El Niño periods on record. 22 March 2016
Insurance
Munich Re has set a profit target in the range of €2.3–2.8 billion ($2.55-3.1 billion) for the current year. 16 March 2016
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