WORLD INSURANCE

SwissRe’s UK business ReAssure to buy Quilter unit for £425m

Quilter has sold its heritage life and pensions devision, Old Mutual Wealth Life Assurance Ltd, to ReAssure, the UK’s sixth…

DARAG strikes legacy portfolio transfer deal with German re/insurer SOVAG

European legacy acquirer DARAG Group has signed a new portfolio transfer pact with Germany-based re/insurer major SCHWARZMEER UND OSTSEE Versicherungsaktiengesellschaft…

AIG To Stop Providing Public Liability Cover For Hotels

Insurance company AIG plans to stop providing public liability cover for the hotel industry from next year in a move…

AmTrust International buys Legal Insurance Management Group

AmTrust International has purchased Legal Insurance Management Group (LIM) for an undisclosed sum. LIM was previously privately owned and the…

Arch Capital buys Barbican

Arch Capital Group has announced the purchase of Barbican Group Holdings, which includes Barbican Managing Agency, Arcus 1856 and Castel…

Kevin Thompson steps down as CEO of lobby group Insurance Ireland

Insurance Ireland has confirmed that Kevin Thompson has stepped down as chief executive of the industry lobby group. In a…

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