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Italian insurer Generali has entered into a share purchase agreement with Life Company Consolidation Group (LCCG) to sell its entire shareholding in Generali PanEurope. 18 December 2017
Insurance
Global insurance broking and risk management firm Marsh has appointed Paul Moody as CEO of its UK specialties division. 18 December 2017
Insurance
Lloyd’s of London is facing criticism for providing what some have dubbed “murder insurance” to gun owners across the USA, according to an article in The Times. 18 December 2017
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) is making changes to its management board as chief regions and markets officer, Carsten Scheffel retires at the end of June, 2018. 18 December 2017
Insurance
Venture capital firm BP Marsh & Partners has acquired 20 percent equity stake in London-based EC3 Brokers Limited for a total cash consideration of £5 million, in a mixture of preferred and ordinary shares. 18 December 2017
Insurance
Reinsurers face underwriting challenges in the non-life business in China due to lower demand and higher competition, according to rating agency AM Best. 18 December 2017
Insurance
Rating agency AM Best has revised the Issuer Credit Rating (ICR) Outlook to Stable for Aspen Insurance Holdings and its subsidiaries. 18 December 2017
Insurance
Homeowners' re/insurance provider HCI Group has appointed Karin Coleman to executive vice president. 18 December 2017
Insurance
Munich Re has agreed to purchase an additional 11 percent of the shares in Global Aerospace Underwriting Managers, taking its stake to 51 percent. 15 December 2017
Insurance
Bermuda-based AXIS Capital Holdings has agreed to pay departing chief financial officer (CFO) Joseph Henry a fee of $1.2 million for advisory services in 2018. 15 December 2017
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