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Mapfre signs €82m deal with Santander to expand insurance distribution with new company
Insurance
Spanish insurer Mapfre has signed a deal to invest €82 million to create a company with Santander Spain to distribute automobile, self-employed and company insurance.   1 July 2019
Singapore Life secures $90m investment from Japan's Sumitomo Life to 'reshape' financial industry
Insurance
Japanese insurer Sumitomo Life Insurance Company has made a $90 million investment in Singapore Life and acquired approximately 25 percent of the total issued and outstanding shares in the company.   1 July 2019
R&Q acquires Bermuda reinsurer Sandell Re for $25m in cash
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) is to acquire the entire issued share capital of Bermuda-based Sandell Holdings and its subsidiary Sandell Re (SRL) for an initial cash consideration of $25 million with further amounts payable subject to certain conditions being met.   1 July 2019
Insurance
Specialty re/insurer Brit has appointed Paolo Cuomo to the newly created role of head of strategy, based in London.   1 July 2019
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has hired JLT Re's Neill Cotton and Mark Sleet as partners to lead the company's binding authority and programme businesses.   27 June 2019
Technology
As the rating agencies, regulators and investors wake up to the magnitude of the threat posed by silent cyber risk, re/insurers must get their act together and tackle this large and infinitely complex risk head-on. Intelligent Insurer reports.   27 June 2019
Insurance
Specialist re/insurer Apollo Syndicate Management has appointed William Steeds as senior political risk underwriter for Syndicate 1969.   27 June 2019
Insurance
The Federation of European Risk Management Associations (FERMA) has elected Dirk Wegener, global head of corporate insurance for Deutsche Bank Group and a member of the German risk management association GVNW, as its next president.   26 June 2019
Insurance
Lloyd’s of London has launched a new initiative with £53 million capacity to expedite product development for new and emerging risks in the re/insurance marketplace. The move is a part of John Neal's transformation strategy to prepare the market for the future.   26 June 2019
Insurance
Belgian insurtech Qover has secured €8 million investment from Alven, Portag3 Ventures, and Series A investor Anthemis to accelerate its European development.   26 June 2019

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