News - Re/Insurance groups
GENERALI increases stake in FUTURE GENERALI insurance ventures in India
GENERALI Group announced that it has signed an agreement with FUTURE Group to increase its stake in its insurance ventures in India to 49% from 25.5%, underscoring its commitment to growing its presence in the local insurance market.
4 July 2018JLT FAC expands global team
JLT FAC, part of JLT Re, a global provider of reinsurance broking and consultancy has appointed two senior executives in London and its U.S. team.
4 July 2018AXA and BlaBlaCar developed the first insurance offer for ride-sharers
AXA and BlaBlaCar have jointly developed BlaBlaSure, an insurance offer for ridesharers. This novel annual car insurance offer will be available to BlaBlaCar members who own a car registered in France.
4 July 2018VIG: Changes in the Management Board: Peter THIRRING joins the team, Liane HIRNER becomes CFO
Vienna Insurance Group (VIG) announced today some changes in its
Managing Board: Peter THIRRING joins the VIG management team on 1 July,
and at the same time, Liane HIRNER takes the position of Chief Financial
Officer (CFO).
2 July 2018Swiss Re will not provide re/insurance to businesses with more than 30% thermal coal exposure
Today, Swiss Re starts the implementation of its thermal coal policy announced in June 2017. Under the coal policy, Swiss Re will not provide re/insurance to businesses with more than 30% exposure to thermal coal across all lines of business.
2 July 2018MARSH to acquire WORTHAM Insurance
The insurance broker MARSH said that that it will acquire Houston-based WORTHAM Insurance, one of the premier independent insurance brokerage firms in the United States.
28 June 2018AIG to acquire the UK group life specialist ELLIPSE from MUNICH Re
American International Group (AIG) and reinsurer MUNICH Re announced that AIG Life Ltd., the UK subsidiary of AIG Life & Retirement, has agreed to acquire ELLIPSE, a specialist provider of group life risk protection in the UK, from MUNICH Re.
28 June 2018The Pan-European Insurance Forum PEIF appointed Thomas BUBERL of AXA as Chair
The Pan-European Insurance Forum (PEIF) appointed Thomas BUBERL, CEO of the AXA Group, as Chair, succeeding Oliver BAETE, Chairman of the Board of Management of ALLIANZ SE.
28 June 2018CROATIA Osiguranje buys Central Securities Inc. and the Testing Group in Bosnia-Herzegovina
On June 28, 2018, Croatia Osiguranje has signed an agreement to acquire a 100% stake in Central Insurance dd and the Testing Group in Bosnia and Herzegovina. The purchase agreement is subject to required regulatory approval.
28 June 2018TUW PZUW - first Polish mutual insurer rated by an international agency
On June 25, 2018, the S&P Global Ratings rating agency awarded TUW
PZUW with an A- rating. This means that TUW Polski Zaklad Ubezpieczen
Wzajemnych is the first Polish mutual insurer and the second company
from the PZU Group with a rating.
27 June 2018GENERALI completes sale of Ireland-based GENERALI PanEurope
Assicurazioni GENERALI announced that it has completed the sale of its entire shareholding in the Ireland-based GENERALI PanEurope to Life Company Consolidation Group (LCCG).
21 June 2018Pitches for digitization projects at VIENNA Insurance Group: around EUR 1 million to be invested in five projects
Vienna Insurance Group (VIG) has recently invited its roughly 50 Group companies to submit pitches for digitization projects. Five proposals were selected and will receive funding of about EUR 1 million in total. A second round of pitches will follow in autumn 2018.
21 June 2018VIG Group company sets new standards for CSR in Georgia
19 June 2018NN Bike in Romania - innovation to improve the customer experience
13 June 2018Groupama SA is becoming Groupama Assurances Mutuelles
13 June 2018Talanx further expands sustainability agenda 13 June 2018
13 June 2018Cultural diversity as a means of boosting resilience at Austrian companies
13 June 2018Allianz's Pursuit of Insurance Targets Keeps Market Guessing
13 June 2018RSA received the approval for its post-Brexit subsidiary
RSA has received licence approval for its new insurance subsidiary in Luxembourg from the regulator, the Commissariat aux Assurances (CAA).
13 June 2018XL Group shareholders approved the merger agreement with AXA
XL Group announced today that its common shareholders have approved an agreement for AXA to acquire 100% of XL Group for a total consideration of approx. USD 15.3 billion, to be fully paid in cash.
7 June 2018
