Best of 2018, insurance and reinsurance companies’ activity
Creations / Acquisitions / Mergers
- January:Cameroon: Zenithe Afrik-Vie has obtained license Egypt: Misr Insurance Takaful will soon begin operations United States:
- AIG gets his hands on Validus
- Langhorne Re, new American life reinsurer India: GIC Re sets up a syndicate at Lloyd’s Kenya: Sanlam Kenya consolidates its life and non-life activities Zimbabwe: First Mutual Holdings acquires NicozDiamond - February:Bermuda: Axa acquires XL Group Cameroon:Ghana Re's branch in Cameroon officially obtains its approval Egypt: Egypt-Kuwait Holding takes over Delta Insurance United Arab Emirates: Berkshire Hathaway Specialty Insurance gets settled in DIFC United States: Scor purchases part of Aegon's life reinsurance activity Morocco: Sanlam gets hold of Saham Group (Morocco)
- March :
- Avril:
- May:
- June:
- July:South Africa: Tokio Marine Holdings acquires 22.5% of Hollard Insurance Bahrain: Bahrain Kuwait Insurance acquires 77.25% of Takaful International Bermuda:
- Acquisition of XL Group by AXA
- Apollo Global Management about to take over Aspen Insurance Holdings Burkina Faso: Yelen Assurance, a new microinsurance company Cameroon: Balloon opens its first subsidiary in Cameroon Côte d’Ivoire: Leadway Assurance acquires 3A Life Egypt: Setting up of an Egyptian reinsurance company United Arab Emirates: AXA LM acquires a majority stake in Emirates Re United States:
- SCOR acquires almost all of Transamerica Re
- Marsh & McLennan acquires JLT Nigeria: Allianz completes the acquisition of Ensure Insurance - October:
- November:
- December:
Withdrawal of licenses / Sanctions
- March:
- April:
- June:
- July:
Companies in difficulty
- February :
- March:
Restructuring / New brand/ Cession
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- February:
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- April:
- June:
- July:
- November:
- December:
Capital increase
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- October:
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Strategy / Distribution
- January :Algeria: Alliance Assurances has relaunched its mileage-based motor offer Côte d’Ivoire: The representative office of Hannover Re in Abidjan authorized to access the CIMA market Spain: MAPFRE merges its regional operations Oman: Oman Re member of the working group in charge of presenting the agricultural insurance in Oman Qatar: Doha Insurance Group intent on extending its activities abroad United Kingdom: Aviva unveils its 2020 strategic plan Rwanda: Britam Insurance: new health insurance product Switzerland: Investment and pandemic risks threaten Swiss Re's business
- February:France: Allianz launches the first mobile insurance agency Morocco: The SCR opens its capital to private actors United Kingdom: Lloyd’s unveils its “vision 2025” strategic plan Senegal: Baloon extends its activities in Senegal Tunisia: AMI Assurances strengthens its financial base Turkey: Liberty Mutual Insurance withdraws from the Turkish insurance market
- April:
- May:
- June:Burkina Faso: Allianz Assurance Vie is marketing a bancassurance product China: Willis Towers Watson authorized to operate in China Algeria: Oto Tuni-Zen: Alliance Assurances new product France: Altima launches the first usage-based motor policy Lebanon: Lebanese Credit Insurer (LCI) expands its business Morocco: RMA is selling a new “dreaded disease” product United Kingdom: Scor consolidates its UK specialty insurance business
- July:
- November:
- December:
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