The insurance arm of XL has launched an insurance solution specifically designed for fine dining and family restaurants in the US.
Bermuda-based re/insurer Endurance Specialty has appointed an executive vice president from Axis Insurance.
Broker Arthur J Gallagher has acquired Mike Henry Insurance Brokers (MHIB), headquartered in Auckland, New Zealand.
Allied World US, part of re/insurer Allied World Assurance Company, has launched a new policy that provides coverage for privacy, network security and media liability exposures, including full limit coverage for regulatory defence, fines and penalties.
The recently closed $245 million catastrophe bond issued by Tokio Marine & Nichido Fire Insurance could prompt other big Japanese insurers to also tap the insurance linked securities (ILS) markets as an alternative means of risk transfer.
Financial services firm Charles Taylor has confirmed that group chief financial officer, Tito Soso, has resigned.
American International Group (AIG) has made a number of appointments in the region covering Europe, Middle East and Africa (EMEA) and implemented a new organisational structure there.
Financial services company Hancock Holding Company has sold its property/casualty and group benefits lines of business to AssuredPartners, a company that acquires and invests in insurance brokerage firms.
Asta, the Lloyd’s third party managing agent, has taken over as the managing agency to Skuld Syndicate 1897. The syndicate was previously managed by R&Q Managing Agency.
Reinsurance broker Guy Carpenter has hired the direct reinsurance team from a subsidiary of Endurance Specialty Holdings.