Munich Re is considering selling off its asset management unit to US industry giant Guggenheim, according to reports.
Around 81 percent of insurers globally intend to undertake between one and three acquisitions in the next three years, according to analysis by KPMG.
German insurance giant Allianz is mulling a takeover approach for large UK carriers including RSA and Aviva after the Oliver Bäte-led company was beaten to the punch in pursuit of XL Group.
Chinese investment firm Gongbao will sit down with representatives from the Greek financial regulator, Bank of Greece, later this week after submitting a formal bid for Ethniki the up-for-sale Greek insurer.
London insurer Beazley has estimated that (re)insurers could have written up to $7.4bn of cover for the World Cup, which kicks off in Russia later this month.
Arch has set out plans to expand its underwriting operations in Ireland so it can continue trading across the continent once Britain leaves the European Union.
Regulators in Luxembourg have approved London-based RSA’s application to set up an insurance subsidiary in the country in the wake of the UK’s decision to leave the EU.
Motor insurance MGA Markerstudy has set out plans to brings its entities under a single brand - Markerstudy Insurance Services Limited (MISL).
MS Amlin has received approval from the National Bank of Belgium to re-domicile one of its UK businesses Amlin Insurance SE (AISE), from the UK to Brussels.
XL Catlin has appointed former employee Donnacha Smyth as president of its global excess casualty insurance business.
Berkshire Hathaway Specialty Insurance (BHSI) has moved the head of its recently minted Australasian unit Chris Colahan to become the new boss of its UK and Europe division.
Shares in Italian carrier Generali have shed nearly 4 percent in early trading in Milan as Italian markets fell sharply after politicians failed to form a government over the weekend, prompting fears of a new election.
QBE has been granted a license for its new Belgian subsidiary, which will serve as the Australian carrier’s European hub in the wake of Brexit.
Japanese investment powerhouse Softbank has failed to get a deal over the line to acquire a chunk of Swiss Re.
The introduction of the new European General Data Protection Regime (GDPR), which comes into effect tomorrow, is set to cause a spike in cyber claims as the regulation offers another “tool for negotiation by extortionists”, according to AIG.
Lloyd’s has received confirmation from the National Bank of Belgium that is has been granted a licence to set up its new Brussels subsidiary.
When will technology firms displace existing players in the traditional commercial and specialty (re)insurance arena?
The natural catastrophes that plagued 2017 were a key contributor to the £431.5mn ($582.4mn) loss that AIG Europe posted in 2017.