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Danish non-life insurer Tryg has agreed to acquire Danish property/casualty insurer Alka Forsikring for a total consideration of DKK 8.2 billion ($1.3 billion). 4 December 2017
Insurance
Ingrid Carlou, the CEO of Patria Re, has left the reinsurer with immediate effect, Intelligent Insurer can reveal. 4 December 2017
Insurance
The UK's Justice Select Committee has indicated in a report published on November 29 that it needs more evidence into claimant behaviour before it can approve the proposed reforms to the Ogden discount rate. 1 December 2017
Insurance
Aon has acquired 100 percent interest in Switzerland-based insurance broker Unidelta AG, an independent all-line insurance broker with a strong focus on personal injury management. 1 December 2017
Insurance
Industry veteran Joseph Boren, chairman of Ironshore environmental and president of US field operations, is set to retire from the Liberty Mutual-owned company at the year-end 2017. 1 December 2017
Insurance
Specialist insurer Beazley has established its new US marine platform with an initial focus on hull, protection & indemnity (P&I) and liability coverage for the marine and marine construction sectors. 1 December 2017
Insurance
Randall and Quilter Investment Holdings (R&Q) has completed the sale of its Lloyd's managing agency to US medical professional liability insurer Coverys, after receiving all regulatory approvals. 1 December 2017
Alternative Risk Transfer
A UK government cross-party committee has approved the Risk Transformation Regulations 2017 and the Risk Transformation (Tax) Regulation 2017, which are aimed at establishing London as a hub for insurance-linked securities. 30 November 2017
Insurance
Property/casualty insurer Chubb has revealed its preliminary fourth quarter loss estimates from natural catastrophes of approximately $320 million before taxes (or $249 million after tax). 30 November 2017
Insurance
Genworth Financial and China Oceanwide Holdings have agreed to terminate their previously announced merger agreement and extended the previous deadline of November 30 to April 1, 2018, allowing for additional time for regulatory reviews of the transaction. 30 November 2017
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