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Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, is set to launch and commence trading during the first quarter 2018. 20 December 2017
Insurance
Allianz X, the digital investment unit of the Allianz group, is investing $96.6 million in digital microinsurer BIMA. 20 December 2017
Insurance
Dutch firm EXIN Financial Services Holding has appointed Christos Adamantiadis as the new principal executive for the group’s portfolio companies and as a member of executive committee. 20 December 2017
Alternative Risk Transfer
Jardine Lloyd Thompson Capital Markets (JLTCM), a subsidiary of reinsurance brokerage firm JLT Re placed a catastrophe bond (Market 2017-2, Weather), which closed at $14.50 million. 20 December 2017
Insurance
US healthcare provider Humana is acquiring a 40 percent stake in-home care service provider Kindred Homecare for around $800 million with private equity partners owning the remaining 60 percent. 20 December 2017
Insurance
Property/casualty insurer Travelers Europe will apply to the Central Bank of Ireland for authorisation of a new, wholly owned insurance subsidiary incorporated in the Republic of Ireland, according to a Dec. 19 statement. 19 December 2017
Insurance
Broker Arthur J Gallagher and Alliant have settled a dispute over Gallagher employees hired by intermediary services provider Alliant. 19 December 2017
Insurance
China’s insurance regulator plans to restrict the business of insurers which have a low rating for asset liability management, Reuters reported Dec. 17 citing Xinhua news agency. 18 December 2017
Insurance
Catastrophe modelling firm AIR Worldwide is collaborated with China's PICC Reinsurance Company (PICC Re) to improve the assessment and management of the reinsurer’s growing portfolio of catastrophe risk business. 18 December 2017
Insurance
Brian MacLean, president and chief operating officer of property/casualty insurer The Travelers Companies is retiring after 30 years with the company, effective March 31, 2018. 18 December 2017
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