Keep up with the latest insurance and finance news in our weekly round-up…

 

Swiss Re pulls £3bn IPO of UK life insurance unit ReAssure

Swiss Re has pulled the £3bn flotation of ReAssure, its UK life insurance business, blaming weak investor demand.

Traditional sector drives rebound in global reinsurance capital: Aon

Global, dedicated reinsurance capital increased by 3% in the first-quarter of 2019 to $605 billion, driven by growth in the traditional sector which more than offset a decline in alternative reinsurance capital.

Norwegian insurer set to lose £6.9m over Grenfell ruling

Protector Forsikring loses case that Munich Re should pick up most of the Grenfell cost through reinsurance programme.

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