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Insurance
Dutch firm EXIN Financial Services Holding said on June 29 that it acquired a 75 percent stake in insurer Ethniki Hellenic General Insurance from the National Bank of Greece (NBG) for €718 million. 29 June 2017
Insurance
The World Bank (International Bank for Reconstruction and Development) has launched bonds that will support the Pandemic Emergency Financing Facility (PEF), which will channel first-response surge funding to developing countries facing the risk of a pandemic. 29 June 2017
Insurance
Global insurers expect insurtech growth to threaten their revenues, according to a PwC survey. 29 June 2017
Insurance
Private auto net incurred losses will increase by nearly 7 percent in 2017 to a new record of approximately $154 billion, reflecting elevated volume and costs of claims, according to the third annual US Property & Casualty Insurance Market Report by S&P Global Market Intelligence. 29 June 2017
Insurance
Specialist commercial insurer CNA Hardy has appointed Alistair Marriott as head of cargo for its Lloyd's platforms. 27 June 2017
Insurance
AXIS Insurance, part of Bermuda-based holding company AXIS Capital, has promoted Robert Hartman to chief operating officer. 21 June 2017
Insurance
Chaucer, an insurance group underwriting at Lloyd's, has launched a Dublin-based subsidiary to write international specialty re/insurance business, after receiving approval from the Central Bank of Ireland. 21 June 2017
Insurance
Italian insurance group Generali has appointed Bruno Scaroni, current chief executive officer of Europ Assistance Italy, to the position of group strategy and business accelerator director. 21 June 2017
Insurance
Bermuda-based Markel CATCo Investment Management’s CEO Tony Belisle has renewed his contract with the company extending it for another two years. 21 June 2017
Insurance
The board of governors of state-backed Citizens Property Insurance Corporation approved rate increases for personal lines policyholders. 21 June 2017
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