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Insurance
Investment management firm Invesco has appointed Ed Collinge as the head of its UK insurance team, a newly created position. 12 December 2016
News
European asset management firm Amundi has acquired Italy headquartered Pioneer Investments for an all-cash deal of €3,55 billion. 12 December 2016
Insurance
Specialist Lloyd’s insurer Neon has appointed Tom Hulst and Gavin Hunter as non-executive directors of Neon’s Bermuda operations with immediate effect. 12 December 2016
Insurance
Aviation renewals in November has shown a tightening of underwriting discipline, suggesting a change in soft market conditions. 12 December 2016
Insurance
RPC Consulting, the insurance consultancy arm of law firm RPC, has hired two executives from Willis Towers Watson to expand its consulting business in London. 12 December 2016
Insurance
A low interest rate environment in China continues to place pressure on the profitability of the country’s life insurers, which rely on interest spreads for profits, according to a Fitch Ratings report. 9 December 2016
Insurance
A subsidiary of Enstar Group has entered into a conditional agreement with a subsidiary of QBE Insurance Group to reinsure US multi-line property/casualty business. 7 December 2016
Insurance
The formation of a new state-backed reinsurer in Russia will hit the long-term growth potential of global reinsurers in the country, which will be forced to cede a percent of premium to the new entity even on existing long-term treaties. 7 December 2016
Insurance
A new state-backed reinsurer in Russia will hit the long-term growth potential of global reinsurers in the country, which will be forced to cede a percent of premium to the new entity even on existing long-term treaties. 7 December 2016
Insurance
The British Insurance Brokers’ Association (BIBA) has launched of a new commercial insurance scheme for businesses that will also include flood cover for many commercial premises and let properties located in areas at risk from flooding. 5 December 2016
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