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Zurich Wraps Up £1 billion Subordinated Notes Deal

17 August 2022 alastair walker 0

The word from Zurich; Zurich Insurance Group (Zurich), today announced the successful placement of GBP 1 billion of dated subordinated notes (the “Notes”). The Notes, which will mature in November 2052 and are first callable […]

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InsureTech

Mendix Helps Zurich Overhaul Legacy Systems

7 July 2022 alastair walker 0

Mendix, a Siemens business and global leader in low-code application development for the enterprise, today announced that Zurich, the international insurance giant, has rolled out two major new enterprise-wide solutions that streamline workflow for underwriters and […]

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Global insurance trends

Corebridge Financial: AIG Offers Notes

30 March 2022 alastair walker 0

The word from AIG: American International Group, Inc. (NYSE: AIG) recently announced that its majority-owned subsidiary, Corebridge Financial, Inc., intends to offer senior unsecured notes (the “Notes”) in connection with the previously announced separation of […]

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News

NN Group Issues 600m Unsecured Note Offer

17 November 2021 alastair walker 0

Financial update from NN Group; NN Group announces that it has priced EUR 600 million senior unsecured notes with a fixed coupon at 0.875% per annum and a maturity of 10 years. The notes are […]

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News

East European Ghost Broker Jailed

11 October 2021 alastair walker 0

A man from Cambridge has been jailed for offering fraudulent insurance broking services to Polish nationals living in the UK. Marek Complak, 51, (pictured below) of Almond Grove, Bar Hill, Cambridge, set up false or […]

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Global insurance trends

Global: Willis Towers Notes 67% Surge in Placements

30 September 2020 alastair walker 0

In a market update for clients, Willis Towers Watson, a leading global advisory, broking and solutions company, has highlighted that overall placements in the international market through its Global Markets Hub have increased by 67% […]

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InsureTech

Omniscience Granted Patent on AR Data Capture Technology

3 August 2020 alastair walker 0

Omniscience recently disclosed that it has been granted a patent for the first use of Augmented Reality (AR) for a key Computational Enterprise™ enabling application. The Computational Enterprise is a next-generation model for modern businesses. […]

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