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Ocorian completes acquisition of Newgate Compliance
14 December 2020
UK Reporter Maria Ward-Brennan

Ocorian, a financial services group and provider of fund services, corporate services, capital markets and private client services, has completed the acquisition of Newgate Compliance

Generali global corporate and commercial obtains ISO 9001:2015 certification
11 December 2020
Italy Reporter Maria Ward-Brennan

Generali’s property and casualty (P&C) unit global corporate and commercial (GC&C) obtains the ISO 9001:2015 certification for the design and implementation of risk engineering and loss prevention (RE&LP) services at global level

Zurich and Farmers Exchanges agree to acquire MetLife’s US P&C
11 December 2020
Switzerland Reporter Maria Ward-Brennan

Zurich Insurance Group subsidiary Farmers Group has agreed to acquire MetLife’s property and casualty (P&C) business in the US together with the Farmers Exchanges for $3.94 billion

Telefónica’s captive reinsurer ratings affirmed
10 December 2020
Luxembourg Reporter Maria Ward-Brennan

A.M. Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” of Nova Casiopea Re S.A. (NCRe), based in Luxembourg

Beach & Associates rebrands as Acrisure Re and Acrisure London Wholesale
10 December 2020
UK Reporter Maria Ward-Brennan

Beach & Associates, Acrisure’s global reinsurance brokerage, will become Acrisure Re and Acrisure London Wholesale, as part of Acrisure, its parent company, rebrand

GEB partner with Sensely to offer virtual health to global clients
09 December 2019
Luxembourg Reporter Maria Ward-Brennan

GEB and Sensely announced a strategic partnership to advance patient interactions through AI and provide access to virtual health assistants, which responds to voice and onscreen commands through a multi-functional cloud-based platform

ESG is rising up the agenda of European captive owners, says A.M. Best
04 December 2020
UK Reporter Becky Bellamy

There has been a rise in the number of captives owners that have integrated ESG factors in their operations, influencing areas such as corporate governance and investments

Cinven and BCI acquire Compre
03 December 2020
UK Reporter Maria Ward-Brennan

Cinven, an international private equity firm, and British Columbia Investment Management Corporation have agreed to acquire legacy specialist Compre from existing shareholders CBPE Capital, Hudson Structured Capital Management and Compre’s management

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