Everest’s Post

Generali sells its insurance business in Turkey

During this 14th Insurance Europe conférence in Helsinki- we welcome the new President of Insurance Europe, Frédéric de Courtois, while hearing of the challenges and opportunities we face in the future as a sector and society: #InsConf14 #insurance

Global insurance and reinsurance leader Everest has officially entered the Italian market after securing regulatory approval. Operating under the name Everest Insurance (Ireland) DAC, Succursale Italiana, the new business will be headquartered in Milan. “Italy is among Europe’s largest economies, and a key market as we continue to scale throughout the continent,” said Véronique SOUHIL BRIONNE, Senior Vice President, Head of Europe, Everest Insurance International. Also quoted in this article: Adam Clifford, co-lead of Everest Insurance International. Read the full story here: https://lnkd.in/eRFzytyM #insurtechinsights #regulatory #insurance #italy #newmarkets

📢 MNK Group, through its holding company Specialty Management UK, has strengthened and expanded its insurance and reinsurance businesses in Central America and the LatAm region by acquiring Oceánica de Seguros, S.A. an insurer based in Costa Rica 📢 With this acquisition, Oceánica joins a number of insurance businesses backed by MNK Group, including Specialty MGA UK and MNK Re Limited. You can find out more about the announcement and Oceánica below 👇 #LatAm #CostaRica #reinsurance #insurance #newopportunities #newmarkets

Everest launches insurance business in Italy. The new unit will be led by José Ramón Morales, head of Southern Europe, Everest Insurance International https://lnkd.in/dE-9axyw #captive #captiveinsurance

Allianz Australia takes a significant step forward with the $642 million acquisition of RAA’s general insurance business, a move set to expand its South Australian presence. Allianz Managing Director Richard Feledy highlighted the strategic alignment and growth potential of this partnership, while RAA CEO Nick Reade emphasized the challenges of shielding members from global industry pressures. https://hubs.la/Q02ZW-kM0

Everest launches insurance business in Italy. The new unit will be led by José Ramón Morales, head of Southern Europe, Everest Insurance International https://lnkd.in/dj5EcQu7 #captive #captiveinsurance

BREAKING NEWS: Allianz Australia has struck a $642 million deal with SA motoring group RAA that includes the acquisition of its insurance business and a 20-year distribution agreement... https://lnkd.in/gcHxfudD #insurancenews

In January, alongside Brit Insurance, we announced the launch of a new market-leading Project Cargo consortium ‘BUILD’. The consortium, one of the largest in the cargo market globally, is now open to business and offers guaranteed capacity of up to USD $285 million for Project Cargo risks worldwide. 🚢 Find out more as Calvin Gray, our Marine Director, talks to Jon Guy at Emerging Risks Media about ‘BUILD’, explaining in more detail the reasons behind its creation:  💬 #Insurance #InsuranceIndustry #MarineInsurance

Bupa Global in Bolivia. This is the most important transaction in the Bolivian insurance and reinsurance industry for a decade. Estudio MORENO BALDIVIESO Abogados advised Bupa through partners Andres Moreno and Daniel Arredondo Zelada. PPO Abogados’ team consisted of partners Pablo Ordonez T. (pictured left) and Carlos Pinto (pictured right) and directors Delma Paz and Alexandra Ortiz. Read the full article >> https://lnkd.in/d2TF94PY #TheLatinAmericanLawyer #deals #transactions