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Insurance
Heightening merger and acquisition (M&A) activities and rising pricing are tailwinds to P&C stocks, according to Morgan Stanley analysts. 2 March 2018
Insurance
The profitability of the reinsurance sector is set to rise in 2018 driven by price increases, lower capital levels and higher interest rates, Moody’s said on Feb. 27. 27 February 2018
Insurance
Allianz Group’s digital investment unit Allianz X has invested $30 million in fintech firm C2FO that connects buyers and suppliers of goods and services with working capital funding needs. 27 February 2018
Insurance
UK-based Direct Line has seen its operating profit in the motor business more than double in 2017 after UK’s Ogden personal injury discount rate change, boosting overall results, but reinsurance cost also increased at January 2018 renewals. 27 February 2018
Insurance
Insurtech app Nimbla has been the first commercial insurance app to be selected for Barclays’ London based accelerator. 27 February 2018
Insurance
Swiss Re has posted a loss in property/casualty reinsurance and corporate solutions, with life & health helping to prevent a group loss in 2017. 23 February 2018
Insurance
German insurer Allianz is launching a further tender offer for the remaining 5 percent of Euler Hermes shares held by minority shareholders that would result in a squeeze-out procedure and delisting of the trade credit insurer's shares from the Euronext Paris stock exchange. 23 February 2018
Insurance
Bermuda-based Enstar Group has signed an agreement with an Australian subsidiary of Zurich Insurance Group to reinsure its New South Wales Motor Vehicle Compulsory Third Party (CTP) insurance business. 23 February 2018
Insurance
Federated National Holding Company (FNHC) has acquired the interests in Monarch Delaware Holdings (MDH) held by its joint venture partners and the repayment of debt, according to a Feb. 22 press release. 23 February 2018
Insurance
French insurer AXA has entered into an agreement to sell all of its insurance operations in Azerbaijan, according to a Feb. 21 press release. 23 February 2018
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