Articles
Insurance
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has appointed a new regional head of hull and marine liabilities (HML) in North America. 7 March 2019
Insurance
Lloyd’s Brussels, the new Brexit subsidiary of London-centred specialist re/insurance market Lloyd’s, has received authorisation to underwrite insurance and reinsurance risks located in Monaco. 6 March 2019
Insurance
Warren Buffett's Berkshire Hathaway Insurance Group has been granted a certificate of authorisation by the Central Bank of Ireland to operate as an insurer in Ireland and the European Economic Area (EEA). 6 March 2019
Insurance
Aon has partnered with insurtech firm Skytek to monitor insurers’ marine risks and identify areas that require enhanced underwriting and reinsurance in real time.The development was driven by the rise of major container ports and mega ships, which expose re/insurers to risk accumulation during a catastrophe. To manage this risk monitoring vessel movements and estimating cargo accumulation has become critical for insurers. 5 March 2019
Insurance
London-based insurtech Zego has launched in Spain, with the opening of a new office in Madrid, to offer flexible pay-as-you-go insurance products to scooter delivery riders and private hire vehicle fleets in the country. 5 March 2019
Insurance
AXA has revealed its plan to expand into a new market through a partnership with mobile phone insurance provider Pier Insurance. 4 March 2019
Insurance
Krupa Global Investments (KGI), a Prague-based investment firm and formerly a significant shareholder of AmTrust Financial Services, has filed a complaint against Stone Point Capital and AmTrust before the European Commission Directorate-General for Competition. 1 March 2019
Alternative Risk Transfer
UnipolSai Assicurazioni, one of the biggest insurers in Italy, has placed a €45 million catastrophe bond providing it with protection against perils in Italy including atmospheric phenomena, snow pressure and flood risks (including Vatican City and San Marino Republic). 1 March 2019
Insurance
Germany's Allianz has appointed Hans-Joerg Mauthe as regional CEO, Central & Eastern Europe (CEE), of its commercial insurance arm Allianz Global Corporate & Specialty (AGCS). 1 March 2019
Insurance
Marine insurance provider Skuld will cease underwriting business from its Lloyd's syndicate 1897 in a move the company hopes will 'improve its profit potential', but will lead to role reductions and some staff departures in London. 28 February 2019
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