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

Allianz completes purchase of LV General Insurance Group

Allianz Holdings plc has completed the acquisition of the remaining 51% of the LV General Insurance Group from Liverpool Victoria Friendly Society.

Reinsurance prices hold steady despite increasing cost of natural disasters

Prices for reinsurance contract renewals have not significantly increased despite rising costs from a broad range of natural disasters over the last few years, according to a Financial Times report.