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Zurich Insurance Group has appointed Mark Peters as the new head of Oak Underwriting, a UK-based high net-worth insurance specialist, which it acquired from RSA Insurance. 3 July 2018
Insurance
Liberty Specialty Markets (LSM) has rebranded its reinsurance division as Liberty Mutual Re and launched a reinsurance operation in Italy for the first time. 3 July 2018
Insurance
Swiss Re Corporate Solutions has opened a new office in Hamburg, Germany to grow its regional commercial insurance portfolio. 3 July 2018
Insurance
Billionaire investor David Einhorn told clients that his Greenlight Capital hedge fund, which manages the investments for reinsurer Greenlight Re, suffered fresh losses in June and has now dropped 18.3 percent this year, according to a Reuters report. 3 July 2018
Insurance
Canada-based life insurer Sun Life Financial is in “a strong capital position” to pursue merger and acquisition (M&A) opportunities, CEO Dean Connor told AM Best. 3 July 2018
Insurance
Marsh & McLennan Agency (MMA), a middle market agency subsidiary of Marsh, has acquired Rockville, Maryland-based Insurance Associates, an independent insurance agency specializing in the construction industry. 3 July 2018
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Dutch insurance group Aegon has signed an agreement to expand its partnership with Banco Santander in Spain. 3 July 2018
Insurance
Pool Re, a UK mutual commercial reinsurer whose members include insurers and Lloyd’s syndicates, has appointed Tracey Paul to the newly-created role of chief strategy and communications officer. 3 July 2018
Insurance
Independent Lloyd's broker AFL Insurance Brokers has acquired a controlling stake in specialist employer protection managing general agency (MGA) Concordia Employment Services (Concordia). 3 July 2018
Insurance
US personal lines insurer Allstate is expanding its partnership with Uber Technologies with a new commercial auto offering in the New York State. 2 July 2018
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