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Insurance
Germany-based legal expenses insurance provider ARAG has teamed up with insurtech startup Dinghy to offer legal services and protection to freelance professionals.   5 September 2018
SCOR rejects takeover offer by Covéa
Insurance
French mutual insurance company Covéa proposed to acquire a majority stake in SCOR but the proposal was met with unanimous opposition from SCOR's executive committee.   4 September 2018
Sompo International unveils new unit in Luxembourg
Insurance
Bermuda specialty re/insurer Sompo International Holdings has unveiled a new subsidiary in Luxembourg, which will cover business written in Continental Europe and have branches in Belgium, France, Germany, Italy, Spain and the UK.   4 September 2018
News
Munich Re is to acquire software company relayr via its subsidiary, Hartford Steam Boiler (HSB), as it looks to create new business models in the industrial Internet of Things (IoT).   4 September 2018
Insurance
Lloyd’s Lab, the global insurance market’s new innovation accelerator, has opened its doors following a global search for technology talent that drew more than 200 applications from 36 countries.   4 September 2018
Insurance
China's reinsurers are investing in technology and systems to support a rapid expansion of nonmotor and, in particular, catastrophe insurance in the country. These business lines will help sustain growth, although they could expose the sector to more profit volatility.   4 September 2018
Insurance
Guy Carpenter has hired a new head of strategy and client engagement within its international and global specialties divisions, with effect from October.   4 September 2018
Insurance
RSA Insurance Group's new European office in Luxembourg will be led by Richard Turner who previously oversaw the company's EU business from the UK, and has relocated to take up the role.   4 September 2018
Insurance
Broker Ed has hired a pair of experienced actuaries from Argo Group and AmTrust, respectively.   4 September 2018
Alternative Risk Transfer
Randall & Quilter Investment Holdings (R&Q) has completed a deal to reinsurer a portfolio of commercial auto liability risks for a US risk retention group (RRG).   4 September 2018

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