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Insurance
Castel Specialty launches Castel Transact in expansion move
Castel Specialty, a division of MGA formation platform Castel Underwriting Agencies Limited, has launched Castel Transact (Transact), offering warranty and indemnity insurance cover for Benelux merger and acquisition (M&A) transactions, and tax risk insurance for tax liabilities in Europe.   20 September 2017
Insurance
Hiscox appoints special advisor on cyber security
Specialist insurer Hiscox UK and Ireland has appointed Robert Hannigan, a former director of intelligence and security agency GCHQ, as special advisor on cyber security.   20 September 2017
Insurance
Allianz appoints new heads for Germany, Italy after resignation
Allianz said on Sept. 19 that the supervisory board of its German unit named Klaus-Peter Röhler CEO of the German operations, effective Jan. 1, 2018.   20 September 2017
Insurance
XL Group chooses Dublin as EU headquarters in Brexit move
Bermuda-based property/casualty re/insurer XL Group said on Sept. 19 that it decided to move its principal European Union insurance company, XL Insurance Company, from the UK to Ireland in 2018 in response to Brexit.   19 September 2017
Insurance
Integro hires UK chief financial officer
Integro Insurance Brokers said on Sept. 19 that it hired Keith Anderson as UK chief financial officer (CFO).   19 September 2017
Insurance
Allianz Germany CEO resigns
Allianz’s Germany chief Manfred Knof will step down by the end of the year for health reasons, a spokesman for the insurance giant told Reuters on Tuesday, Sept. 19.   19 September 2017
Insurance
IUMI calls for improved firefighting systems on board container vessels
With the growing size of container vessels, and a recent spate of fires on board of these ships, the International Union of Marine Insurance (IUMI) is concerned that current firefighting provisions are insufficient.   19 September 2017
Insurance
Cargo premiums shrink for fifth consecutive year
Global estimated cargo premium fell 6 percent year on year to $15 billion in 2016, a further 9 percent decline since 2014, according to the International Union of Marine Insurance (IUMI).   18 September 2017
Insurance
Willis appoints new head of international construction
Broker Willis Towers Watson has appointed Martin Hiller as head of international construction, within its corporate risk and broking unit.   18 September 2017
Insurance
Ascent introduces cyber policy nil deductible for SMEs
Specialist niche-product managing general agent (MGA) Ascent Underwriting said on Sept. 18 that it is further targeting small and medium-sized (SME) business by offering nil deductible/zero excess options on all cyber insurance policies globally.   18 September 2017

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