Germany
DARAG to acquire SOVAG’s legacy portfolio to consolidates business in Germany
Legacy acquirer DARAG Group has signed a new portfolio transfer pact with Germany-based re/insurer major SCHWARZMEER UND OSTSEE Versicherungsaktiengesellschaft (SOVAG).…
Allianz restructures alternative risk transfer business
Allianz Global Corporate & Specialty (AGCS), the specialist corporate reinsurer and insurer of Allianz Group, has decided to split its…
Brexit fallout: Newline Group picks Germany’s Cologne as new EU base
Newline Group, a London-based specialty insurer, has selected Cologne in Germany as its European Union (EU) insurance hub, to secure…
Element and simplesurance team up to introduce digital insurance policies
Element, a Germany-based a digital property/casualty insurer, has partnered with Schutzklick Makler, a brand of insurtech simplesurance, to bring fully-digitalised…
Munich Re plans to abolish 900 jobs in Germany and US
German reinsurer Munich Re is all set to cut approximately 900 jobs in coming months as part of its strategy…
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