Hannover Re adjusts dividend policy with goal to increase it each year
In view of the firm’s very good capitalisation, the Executive Board of global reinsurer Hannover Re has decided to realign its dividend policy, set to take effect from the 2025 financial year.
Travelers expands cyber capabilities with acquisition of Corvus Insurance
Property and casualty insurer, The Travelers Companies, Inc. has completed its previously announced acquisition of Corvus Insurance Holdings, Inc.
Sixth Street to acquire Enstar in $5.1bn transaction
Global insurance group Enstar is set to be acquired by existing investor Sixth Street in a $5.1 billion transaction, with Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other institutional investors participating in the deal.
AXA grows European windstorm reinsurance by 40% to €3.9bn for 2024
Global insurance and reinsurance firm AXA has purchased significantly more protection for its European exposures at the January 2024 renewals, growing its European windstorm reinsurance in particular by 40% to reach €3.9 billion.
Nasdaq boosts market surveillance with GenAI
Exchange operator Nasdaq is integrating a GenAI-powered feature into its market surveillance technology.
SBI and MAS bid to drive commercial applications of tokenised securities
Japanese financial conglomerate SBI is building a commercial framework for cross-border distribution of tokenised securities with pilots in fixed income and asset and weath management.
Gallagher welcomes Neil Clutterbuck as Non-Exec Director
Neil Clutterbuck has been appointed as the Chair of Pen Underwriting and an Independent Non-Executive Director of Arthur J Gallagher Holdings (UK) Limited, subject to regulatory approval.
Ian Gibbard appointed Head of London Market at DOCOsoft
DOCOsoft, a provider of claims technology solutions, has announced the appointment of Ian Gibbard as Head of London Market.
CyberCube partners with HUB International to strengthen cyber risk analytics for clients
CyberCube, a provider of cyber risk analytics solutions, has announced a new partnership with HUB International (HUB), an insurance brokerage and financial services firm.