Tokio Marine HCC exits US bail bond business
Specialty insurance group Tokio Marine HCC has sold its bail bond operations to what it calls "a prominent player in the industry" as it exits the business in the US.
HDI leads €12m funding round in Germany's IoT, blockchain start-up Next Big Thing
Berlin-based Next Big Thing (NBT), a startup incubator for the internet of things (IoT) services and blockchain technology, has raised €12 million in funding led by Talanx group's industrial insurer HDI Global.
Third Point Re hires Allied World's Gibbons to lead specialty treaty portfolio
Bermuda-based Third Point Reinsurance Company has hired Tracey Gibbons to lead its specialty treaty division.
Everest Insurance hires wholesale distribution leader from AIG's Lexington
Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has appointed Rick Taute as vice president, marketing & distribution and national wholesale distribution leader for insurance.
Ardonagh’s Ross reports strong growth in 2018 annual results
UK-based broker Ardonagh Group chief executive David Ross said the firm had “a number of reasons to celebrate” as it unveiled “strong income growth” in its 2018 year end results.
StarStone hires Validus CEO Ed Noonan and PartnerRe's Dick Sanford to drive 'profitable growth'
Enstar-owned global specialty insurer StarStone has made several appointments to its global leadership team including industry veterans Ed Noonan and Dick Sanford.
Chubb gains licence to enter Myanmar life insurance market
Property/casualty insurer Chubb has secured approval from the Myanmar Ministry of Planning and Finance to establish a wholly owned life insurance subsidiary in the country.
New cyber risk insurance solution launched in Asia Pacific
Specialist insurance provider Delta Insurance has launched a new cyber-protection and insurance solution in Asia Pacific, in partnership with London-based cybersecurity company DynaRisk.
Chubb appoints new UK and Ireland financial institutions head post underwriting merger
Insurer Chubb has appointed Jonathan Kennett as head of financial institutions for the UK and Ireland and Chubb Global Markets (CGM), the insurer's London Market wholesale and specialty arm.
CEO of Axa UK & Ireland Claudio Gienal launches strategy rethink; talks XL deal
With six months under his belt as CEO of Axa UK & Ireland, Claudio Gienal has started a strategy revamp to take the business into the future.
