RSA Transfers EU Risks to Luxembourg, with Jan 1st 2019 Incept Date
On Thursday 29 November, the High Court sanctioned the Royal & Sun Alliance Insurance plc (RSAI) Part VII transfer, which facilitates the transfer of RSAI’s European [...]
Reinsurance
Concirrus Joins Forces With TransRe on Marine Insurance Project
Concirrus, the marine analytics insurtech company, has agreed to work with TransRe, the global reinsurer, to jointly develop innovative data-driven reinsurance programmes for [...]
Mergers & Aquisitions News: Markel Buys Remainder of Nephila Holdings
Markel Corporation and Nephila Holdings Limited announced recently that they have entered into a definitive agreement for Markel to acquire all of the outstanding shares of [...]
Mergers & Acquisitions Drop in EU, But Accelerate Across Rest of World
Mergers and acquisitions (M&A) in the global insurance industry rose in the first half of 2018 with 186 completed deals worldwide, up from 180 in the second half of 2017, [...]
Liberty Mutual Rebrand Includes New Italian Operations
Liberty Specialty Markets has rebranded its reinsurance division as Liberty Mutual Re and launched a reinsurance operation in Italy for the first time. The rebrand is [...]
Aegis Respond to Lloyd’s Indian Crop Reinsurance Report
Responding to the publication of the Lloyd’s new report ‘Harvesting opportunity: an overview of the Indian crop reinsurance market’, Dominic Oldridge, crop reinsurance [...]
Willis Towers Reinsurance Index Up by 7.8%, Despite 2017 Storm Damage
Shareholders’ equity in 34 reinsurance companies tracked in the Willis Reinsurance Index was up 7.8% to USD 371 billion at year-end 2017. The increase occurred despite [...]
Cooley Expands Transatlantic Insurance Group with Key Appointments
Cooley is strengthening its global insurance capabilities by adding East Coast-based counsels Heidi Lawson and Greg Hoffnagle. Formerly members of Mintz Levin’s insurance, [...]