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Home » Articles posted by valentinavalentina

All articles by valentina valentina

Munich Re’s Q1 profit surges 48.4%

Increase in profits was mainly attributed to low major-loss expenditure and a better performance of its underwriting business. The company expects its 2018 profit to be in between €2.1bn and €2.5 bn.

ANZ finalizes reinsurance deals with Zurich

The divestment of Australian life Insurance business of ANZ was announced on 12 December 2017. The sale included about $1bn of upfront reinsurance commission, and the divestment of 100% of One Path Life. ANZ

QBE invests in machine learning firm HyperScience

It is QBE Ventures’ third investment since its launch last year. HyperScience helps large organizations across industries such as insurance, financial services, healthcare, and government reduce their reliance on

Protective Life completes acquisition of Boston firm

The transaction is estimated to represent a capital investment by Protective of about $1.2bn. Protective entered the reinsurance agreement with Lincoln Financial Group in January 2018 in conjunction with Lincoln’s takeover

Allianz to complete Euler Hermes acquisition

Allianz currently owns holds directly and indirectly 40,472,250 Euler Hermes shares, accounting to 94.91% of the share capital and theoretical voting rights of the credit insurer.  It excludes the