Property & Casualty Insurance

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Euler Hermes completes legal restructuring into single Belgian risk carrier

Tuesday, 4 Nov 2014 11:45am EST

Euler Hermes SA:Completes legal restructuring into single Belgian risk carrier.Completed rationalization of its legal structure by merging two of its main remaining insurance companies -located in France and Germany - into its risk carrier in Belgium, Euler Hermes SA.Says entity is supervised by National Bank of Belgium.

Fairfax Financial Holdings Limited Integrates MFX With IKYA to Form Global Technology Services Group

Monday, 3 Nov 2014 05:02pm EST

Fairfax Financial Holdings Limited:Says that Ray Roy has determined to retire in Jan. 2015 as CEO of Fairfax's subsidiary, MFXchange Holdings, Inc. but will remain as Non-Executive Chairman.In planning for Roy's retirement, Fairfax, in close consultation with Roy, is integrating MFX with the IKYA Group, a Fairfax subsidiary within the Thomas Cook India Group.With a strategic focus designed to leverage technology capabilities of both organizations and create growth opportunities for combined entities on a global basis.

Vittoria Assicurazioni SpA approves merger by incorporation of Vittoria Properties into company

Thursday, 31 Jul 2014 12:19pm EDT

Vittoria Assicurazioni SpA:Says the Board has approved the incorporation of Vittoria Properties Srl (already totally controlled) into Vittoria Assicurazioni.The operation is part of the overall reorganization project concerning the Real Estate subsidiaries aimed at a reduction of intercompany costs and of managerial and administrative formalities.The operation is subject to IVASS approval.


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Provider: Renaissance Capital
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