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Insurance
Insurance product and service provider Alliant Insurance has appointed Louisiana-based marine specialist Jan Nowak as first vice president to strengthen its energy and marine group. 7 March 2017
Insurance
Sompo Canopius, a specialty re/insurance subsidiary of Sompo Japan Nipponkoa Holdings, has secured additional capacity for its mining cover from Travelers Syndicate 5000 at Lloyd’s. 7 March 2017
Insurance
UK motor insurer Direct Line’s full year 2016 results were hit by a sharp reduction of the personal injury (Ogden) discount rate in the UK, but management remains optimistic about the company’s outlook. 7 March 2017
Insurance
Property/casualty insurer Chubb has filled two newly-created senior management positions in the UK and Ireland with the appointment of Sara Mitchell and Mark Roberts. 6 March 2017
Insurance
Specialist and corporate insurance provider Tokio Marine Kiln (TMK) has appointed David Thomas as a senior underwriter based in London covering its property owners portfolio. 6 March 2017
Insurance
Aon Hewitt has said that there are clear signs that changes in regulation are changing behaviour – and the timing of deals – in the pension scheme bulk annuity market. 6 March 2017
Insurance
CFC Underwriting, a Lloyd's managing general agent (MGA), has launched a new cyber incident response application for policyholders to notify claims and get specialist support. 6 March 2017
Insurance
Aviva, the UK’s largest insurer, has teamed up with HR and insurance tech start-up hibob to help small and medium-sized companies set up their workplace pension schemes. 6 March 2017
Insurance
A new EU framework on recovery and resolution for insurers is not required, because Solvency II already provides strong safeguards. However, a degree of convergence on certain issues may be beneficial, according to Insurance Europe, the European insurance and reinsurance federation. 6 March 2017
Insurance
Fairfax Financial Holdings and Allied World Assurance Company Holdings have agreed to extend the deadline by which Fairfax has the option to increase the cash consideration, and correspondingly reduce the Fixed Value Stock Consideration, under the terms of the previously announced definitive merger agreement, to March 10, 2017. 6 March 2017
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