Articles
Insurance
Italian insurer Generali has set up a new branch in the Grand Duchy of Luxembourg dedicated to the employee benefits business. 29 May 2018
Insurance
Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has opened its first branch office in Amsterdam, Netherlands to support plans to expand its operations in Europe as the UK leaves the EU. 29 May 2018
Insurance
Reinsurance, wholesale and specialty broker Ed has received a license to carry out general insurance mediation business by the Jersey Financial Services Commission. 29 May 2018
Insurance
Australia-based QBE has been granted a license for a new Belgian subsidiary QBE Europe to enable the company to maintain continued passporting rights across the European Economic Area (EEA) after the UK leaves the EU. 29 May 2018
Insurance
Swiss Re and SoftBank Group have agreed to end discussions about a potential minority investment of SoftBank in Swiss Re. 28 May 2018
News
Insurtech firms have been transforming the personal lines business by delivering new applications and products for clients. But now it’s time for new technology to upgrade the commercial side of the insurance business, as Trevor Maynard, Lloyd’s head of Innovation, commercial, suggested to Intelligent Insurer. 25 May 2018
Insurance
Global re/insurer MS Amlin has appointed a new chief operating officer (COO) and chief people officer as new CEO Simon Beale repositions the business for the long term. 24 May 2018
Insurance
AM Best has placed under review with negative implications the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” of International Insurance Company of Hannover SE (Inter Hannover) (Germany), a wholly owned subsidiary of Hannover Re. 24 May 2018
Insurance
Former Zurich head of financial lines Markus Haefeli and former Zurich head of financial institutions financial lines, Peter Schroeder, have launched Haefeli & Schroeder, an insurance broker specialising in financial lines. 24 May 2018
Insurance
Amercian International Group (AIG) EMEA saw cyber claims go up significantly in 2017, reaching a total as high as in the previous four years combined, driven by ransomware attacks and cyber business interruption. 24 May 2018
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