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Insurance
Improved underwriting performance of the Dutch non-life business, private equity dividends at Netherlands Life and lower expenses have driven NN Group’s operating result up 25.6 percent year on year in the second quarter of 2018 to €508 million. 16 August 2018
Insurance
Dutch insurer NN Group has appointed Fabian Rupprecht as CEO international insurance replacing Robin Spencer who stepped down effective June 1, 2018 to join Prudential Corporation Asia (PCA), a business unit of Prudential, as chief operating officer. 16 August 2018
Insurance
Dutch NN Group has reached an agreement to acquire Aegon's life insurance business in the Czech Republic and Aegon's life insurance and pension businesses in Slovakia for a total consideration of €155 million. 16 August 2018
Insurance
Specialist insurer QBE North America, a unit of Australia’s QBE Insurance Group, has agreed to sell its personal insurance business to Safeco Insurance, a Liberty Mutual Company. 16 August 2018
Insurance
Connecticut-based startup Tremor Technologies has launched a risk placement marketplace for reinsurance protection. 16 August 2018
Insurance
Brit Global Specialty USA (BGSU) has affirmed its commitment to the US Yacht market after media reports saying that Brit Global Speciality, Lloyd’s syndicate 2987, ended its yacht insurance business lines. 15 August 2018
Insurance
Volante Global, a multi-class and multi-territory international managing general agent (MGA) platform, has launched Gentium Motor and the appointment of Neil Smith as managing director. 13 August 2018
Insurance
American International Group (AIG) has reported an underwriting loss for its general insurance operations in the second quarter of 2018 as the loss ratio deteriorated. 3 August 2018
Insurance
Swiss Re has significantly increased its earnings in the P&C reinsurance business in the first half of 2018 due to a “strong” underwriting performance supported by a benign large loss experience. 3 August 2018
Insurance
Swiss Re is exploring a potential initial public offering (IPO) of its UK closed book business ReAssure in 2019. 3 August 2018
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