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Hannover Re posted a remarkably bullish set of results in the first half of 2017 enjoying growth in profits and gross written premiums despite an “intensely competitive” property/casualty market and its performance in life and health reinsurance “not entirely satisfactory”. 10 August 2017
Insurance
Aegon has agreed to sell its Dublin-based subsidiary Aegon Ireland to AGER Bermuda, the holding company of the European operations of Athene Holding. 10 August 2017
News
Pricing on many lines of business continued to soften in the June 1 and July 1 renewals on the back of intense competition though price increases were recorded on treaties hit by losses, especially in Australia and New Zealand, according to Hannover Re, commenting in relation to its first half results. 10 August 2017
Insurance
Loss adjusting business Charles Taylor Adjusting (CTA) acquired UK-based Criterion Adjusters, which comprises Criterion Surveyors, a high net worth-focused pre-risk survey business, and Criterion Claims Management, a specialist claims firm. 10 August 2017
Insurance
Broker Willis Towers Watson has appointed Fabien Conderanne to the new position of deputy head of financial solutions, Asia Pacific, to expand its business in across the region. 10 August 2017
Insurance
Insurance broker Lockton has hired Sean Coykendall to grow its property/casualty operations in the Milwaukee office. 10 August 2017
Insurance
US property data analytics provider CoreLogic has expanded its insurance underwriting capabilities with the addition of new automated underwriting platform Myriad Development. 10 August 2017
Insurance
Mexico’s Fund for Natural Disasters (FONDEN) has returned to the insurance-linked securities (ILS) markets to secure coverage against natural catastrophes for the first time since 2012. 7 August 2017
Alternative Risk Transfer
With London’s insurance-linked securities hub set for an autumn launch, Guernsey Finance chief executive Dominic Wheatley, who before joining the island’s promotional agency was chief marketing officer of the Willis Global Captive Practice and managing director of its Guernsey business, shares his thoughts on what to expect. 27 July 2017
Insurance
US-based Ryan Specialty Group has entered into a definitive agreement to acquire Georgia-based wholesale insurance brokerage and binding authority N-Surance Outlets (NSO). 25 July 2017
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