Articles
Insurance
French insurer AXA is planning to sell all its insurance operations in Ukraine and exit the Ukrainian market. 23 October 2018
Insurance
Italian insurer Generali will acquire Polish asset management company Union Investment TFI from the German Group Union Asset Management Holding to bolster its presence in central and eastern Europe (CEE). 23 October 2018
Insurance
Intermediary Hyperion Insurance Group will establish a new technology-focused business that will manage the group's third-party insurtech investments, as well as incubate its own start-up ventures. 23 October 2018
Insurance
Property/casualty insurer Liberty Mutual Insurance is undertaking a strategic review of its London-based Pembroke Managing Agency, which came into its portfolio when it acquired lronshore in May 2017. 23 October 2018
Insurance
Azur, a managing digital agent (MGA), has completed its series B funding round, raising £13.3m of funding and support from AIG, Ascot Group (owned by CPPIB, the Canada Pension Plan Investment Board), Hyperion Insurance Group and the serial fintech angel and entrepreneur Richard Little. 23 October 2018
Insurance
Broker Brown & Brown is acquiring the insurance operations of Minneapolis-based Hays Companies, a brokerage firm that operates across 21 US states. 23 October 2018
Insurance
Aviation insurers must be prepared to sacrifice market share if they are to achieve a return to profitability, Patrick Cove, head of global aviation at Sompo International Reinsurance, told Baden-Baden Today. 23 October 2018
News
Against a backdrop of consolidation and change among global reinsurers, focused regional players can reap the rewards and offer cedants something they cannot find elsewhere: strong local knowledge and expertise, argues Fuad Kuliyev of Az Re. 23 October 2018
Insurance
The recent wave of consolidation in the industry is being driven partly by re/insurers acknowledging their high costs and attempting to reduce them, increasing profitability in the process, Matthew Wilken, president of Argo Re, told Baden-Baden Today. 23 October 2018
News
It has enjoyed solid growth and an upgrade this year, which it describes as an historic achievement. But Sava Re remains wary of market forces as it heads into Baden-Baden, says the firm’s Aleš Mirnik. 23 October 2018
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