WORLD INSURANCE
Munich Re announces profit target of €2.8bn for 2021; Profit outlook of €1.2bn for 2020
We expect to generate a profit of clearly above 1bn € this year. The pandemic has naturally had a considerable…
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AXIS Re Hires Willis Re’s Bangs as Head of Japan
AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the hiring of David Bangs as head of…
TWFG Insurance Acquires Penguin Insurance Services in California
TWFG Insurance has acquired Penguin Insurance Services in Milpitas, Calif. Terms of the deal were not disclosed. Penguin is a…
Appointment of Nilufer von Bismarck OBE as a non-executive director of Legal & General Group Plc
The Board of Legal & General Group Plc (the “Company”) is pleased to announce the appointment of Nilufer von Bismarck…
Swiss Re targets earnings growth in improving market conditions
Swiss Re continues to navigate the COVID-19 pandemic, supported by a proactive reserving approach and very strong balance sheet Swiss…
Aon Announces Additional $5.0 Billion Share Repurchase Program, Increasing Total Authorization to $6.1 Billion
Aon plc (NYSE:AON) ("Aon") announced that its Board of Directors has authorized a new $5.0 billion share repurchase program. The program is in…
Minnesota Insurance Agent Charged with Stealing $524K From Clients
A Minnesota insurance agent has been charged with client theft of approximately $524,000, the U.S. Justice Department says. On Nov.…
