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Liberty Specialty Markets (LSM), a part of Liberty Mutual Insurance Group, has entered the casualty market in Italy for the first time, recruiting Paolo Pitton to lead the initiative. 11 February 2019
Insurance
Howden, the retail broking arm of Hyperion Insurance Group, is acquiring a strategic stake in Malene Insurance Brokers, a leading Malaysian independent niche broker in the energy and power sector, and a specialist in takaful insurance, which complies with Sharia law. The company is also purchasing the remaining 51 percent of shares in CIMB Howden. 11 February 2019
Insurance
Mergers and acquisitions grew 9 percent in the global insurance sector in 2018 as insurers looked to increase their access to customers and innovation, and benefit from greater scale, according to a Clyde & Co report out today (Monday 11 February). 11 February 2019
Insurance
Bermuda-based RenaissanceRe Holdings (RenRe) has appointed Cythnia Trudell to serve as an independent director of the company, following the retirement of Edward Zore. 8 February 2019
Insurance
Bermuda-based White Mountains Insurance Group reported a "tough fourth quarter" with $141 million comprehensive loss attributable to common shareholders across its portfolio of businesses. This compares with a profit of $23 million for the same period in 2017. 7 February 2019
Insurance
Zurich Insurance Group has proposed to elect two new executives - Michael Halbherr and Barry Stowe - to the group’s board of directors at its upcoming annual general meeting. 7 February 2019
Insurance
Autonomous vehicles will transform many industries sooner than we think, and the implications for insurers are profound and complex. In the second of two articles about driverless cars Intelligent Insurer looks in more detail at the possible consequences for the motor insurance market. 7 February 2019
Insurance
Munich Re’s CFO said 2018 had been positive for the company’s life and health reinsurance and for ERGO, which both beat their profit guidance for the year, as the firm published its year end results. 6 February 2019
Insurance
Generali Global Assistance, a division of the Europ Assistance Group, has acquired a 100 percent stake in travel insurance managing general agent (MGA) Trip Mate from Arthur J Gallagher. 6 February 2019
Insurance
Bermuda-based Sompo International has appointed Christopher Gallagher to the board of directors as an executive director. 6 February 2019
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