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Oxygen to sell off remaining assets - Insurance News Now

Post reporter Callum Brodie outlines this week's major general insurance stories including how market commentators believe large employee expenses and lack of profits are behind the demise of seven-year old Oxygen Holdings, as it prepares to sell off its…

EIOPA launches public consultation on Solvency II

In order to facilitate the preparatory work of insurance and reinsurance undertakings for Solvency II, the European Insurance and Occupational Pensions Authority has opened a public consultation with regards to supervisory reporting & public disclosure…

BWise and LiBi to join forces in Israel

BWise, governance, risk and compliancemanagement software solutions specialist, has entered into a partnership agreement with business intelligence firm LiBi Software Technology in Israel.

Hyperion completes acquisition

Howden Broking Group, the broking subsidiary of Hyperion Insurance Group, has completed the acquisition of the insurance operations of Accette Insurance Group in Hong Kong, Singapore, Thailand, Malaysia, and the Philippines.

JLT struggles in European markets

Broker JLT said its overall trading performance is in line with expectations but warned that European markets had been challenging and rate remained weak.

Oxygen sells assets

Oxygen Holdings is to sell its subsidiary Robertson Taylor to Entertainment Insurance Partners for an undisclosed sum.

MSL opts for Financial & Legal’s LEI

MSL Legal Expenses has signed a three-year deal to sell Financial and Legal Insurance’s personal and commercial lines legal expenses insurance products to its broker networks and individual clients.

Insurance Insight November

Insurance Insight November is now live with an article on The European Commission’s consultation on natural catastrophes; a look the challenges the life sciences sector is facing; and an interview with Jorge Luzzi, president of Ferma.

Covea clarifies launch delay speculation

In response to speculation regarding the launch of its new price comparison site, a spokesman told Post, Covea has reviewed its launch schedule following “valuable discussions” with consumers and its insurance partners.

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