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Insurance
Legal expenses insurer Elite Insurance said July 5 that it is ceasing to write new business. Elite offered legal expenses insurance, professional indemnity insurance and general insurance.   5 July 2017
News
Germany-based Munich Re has appointed Maximilian Zimmerer to its supervisory board, succeeding Peter Gruss who has resigned from the position with effect from June 30, 2017.   5 July 2017
Stephen Catlin and regulator warn insurers over cyber risk exposure
Insurance
Stephen Catlin, the founder of Catlin, and the UK’s Prudential Regulation Authority (PRA) warned insurers over their cyber risk exposures.   5 July 2017
News
Swiss Re has appointed Christian Kreutzer as head market underwriting for Austria, Central and Eastern Europe (CEE). He will be based in Munich.   5 July 2017
Insurance
Bermuda-based Arch Capital Group has completed the acquisition of AIG United Guaranty Insurance (Asia) from American International Group. The company will now operate as Arch MI Asia.   5 July 2017
Insurance
Insurance retailer Swinton Group has partnered with UK MGA and assistance specialist Lorega to provide commercial loss recovery insurance and expert loss adjusting services for its SME customer base.   5 July 2017
Insurance
Zurich Insurance has appointed Sierra Signorelli as new chief underwriting officer (CUO) of commercial insurance.   5 July 2017
Insurance
Marine insurance provider Skuld has appointed Simone Ingeberg as the new head of Skuld Oslo 1, the larger of its two Oslo business units.   5 July 2017
Insurance
The European Commission has confirmed that its officials carried out unannounced inspections on July 4, 2017 at the premises of companies active in motor insurance in the Republic of Ireland.   5 July 2017
Insurance
Speciality MGA Fiducia has teamed up with Lloyd’s insurer Atrium Underwriting to produce a new terrorism product which will allow brokers to offer specific cover to their clients of all sizes.   5 July 2017

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