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Swiss Re is reportedly close to sealing a deal which will see Japanese conglomerate SoftBank acquiring a 25 percent stake in the reinsurer, according to a March 28 Bloomberg News report citing "people familiar with the matter". 29 March 2018
Insurance
The sale of National Bank of Greece’s (NBG’s) 75 percent holdings in subsidiary Ethniki General Insurance to EXIN Financial Services Holding fell through, driving NBG to seek alternative options for the insurance unit. 29 March 2018
Insurance
Specialty re/insurer Canopius has appointed Rebecca Marsden as credit and political risk underwriter. 29 March 2018
Insurance
Risk management services firm Hanover Stone Solutions has established a new practice to help senior insurance company executives design and implement a strategic planning process. 29 March 2018
Insurance
Zurich UK, a subsidiary of Zurich Insurance Group, is acquiring Oak Underwriting from RSA Insurance. 28 March 2018
Insurance
The UK’s flood insurance scheme Flood Re will not pass on to insurers the annual increase in premium thresholds for the first time. 28 March 2018
Insurance
Insured losses across Queensland and New South Wales from tropical cyclone Debbie have reached A$1.74 billion ($1.33bn), according to the final estimate released by PERILS. 28 March 2018
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has opened a new office in Perth to further expand its presence in Australia while appointing new property and casualty lines leaders. 26 March 2018
Insurance
The managing director of Aon Benfield’s marine practice John Connolly is stepping down to retire after decades with the broker. 26 March 2018
Insurance
European run-off specialist DARAG has formed a strategic partnership with London-based asset manager New Nordic Advisors that will see the two companies join forces in a number of project areas including the provision of legacy, active business and restructuring solutions. 26 March 2018
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