Lloyd's announced the appointment of former United States Senator John SUNUNU as a new member of its Council for a three-year term, beginning February 6, 2019.
ALLIANZ announced its intention to enter the general insurance sector in Vietnam through a digital joint venture (JV) to be set up with the FPT Group - "driving long-term success in the market and expanding ALLIANZ's footprint in Asia".
Marsh & McLennan Agency, the middle market agency subsidiary of Marsh, announced that it has reached agreement to acquire Clearwater, Florida-based Bouchard Insurance, a leading full-service agency in Florida.
SAVA Re was granted the Croatian Financial Services Supervisory Agency's approval for the direct acquisition of the control ownership package (over 50%) of the Croatian subsidiaries of ERGO, namely ERGO Insurance and ERGO Life Insurance, both domiciled in Zagreb.
Re/insurance broker Aon has estimated that the re/insurance industry will incur USD 90 billion of catastrophe losses in 2018, or around 40% of the total USD 225 billion economic cost, according to Weather, Climate & Catastrophe Insight: 2018 Annual Report
Swiss Re announced it appointed Archie KANE as the new non-executive Chairman of the Board of Directors of its UK-based closed book business ReAssure effective immediately.
AXA XL announced that it has completed the transfer of its EU insurer - XL Insurance Company SE, from the UK to Dublin, Ireland.
Corporate insurer Allianz Global Corporate & Specialty SE (AGCS) targets growth in Asia with new India reinsurance branch.
Generali has launched on 21 January a subordinated bond with a 10 years bullet format targeting institutional investors for an overall amount of EUR 500 million. At the initial yield guidance of 4.625%, the issuance attracted around 450 orders for more than EUR 6.5 billion, more than 13 times the target size.
The Board of Directors of American International Group elected Thomas Firouz MOTAMED as a Director, effective immediately.
German insurance Group ALLIANZ announced three senior leadership appointments at ALLIANZ DIGITAL Health, ALLIANZ Private Krankenversicherung and Allianz Global Corporate & Specialty SE.
Marsh & McLennan Companies (MMC) announced key leadership changes appointing new MERCER CEO and MMC Vice Chairman "to further its growth strategy".
Guy Carpenter & Company, LLC, a wholly owned subsidiary of Marsh & McLennan Companies, announced the formation of a new Global Capital Solutions Group and a series of new leadership appointments related to the Jardine Lloyd Thompson Group plc (JLT) acquisition.