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IGI hires former Swiss Re exec Garrity as Labuan CEO to push Asia
Insurance
International General Insurance Holdings (IGI), the international specialist commercial insurer and reinsurer, has appointed Nick Garrity as chief executive of its Labuan Branch. He will be based in the Kuala Lumpur office.   24 January 2019
Allianz partners with FPT Group to enter Vietnam’s general insurance market
Insurance
Allianz has unveiled plans to enter the general insurance sector in Vietnam through a digital joint venture (JV) to be set up with the FPT Group.   24 January 2019
Newline hires CNA Hardy exec Schäfer as senior underwriter in Cologne
Insurance
Specialty insurance group Newline Group, which operates through Newline Syndicate 1218 at Lloyd’s and Newline Insurance Company, has appointed Markus Schäfer as senior underwriter, general liability, at Newline Insurance Company in Cologne.   24 January 2019
News
Nordic insurance group Gjensidige has hired Aleksander Hope, an ILS expert who has worked at AXIS Capital and private bank LGT, as a director in the reinsurance team. He will be based in Oslo, Norway.   24 January 2019
Insurance
Changes the International Accounting Standards Board (IASB) could make to IFRS 17 Insurance Contracts could help ensure reinsurance remains attractive as a risk mitigation tool and avoid unintended consequences such as raising barriers for new entrants, it has been claimed.   24 January 2019
Insurance
Everest Insurance has expanded the scope of its life sciences product offering to include property, commercial auto, and workers’ compensation life sciences products.   24 January 2019
Insurance
Marine liability insurer North P&I Club has bolstered its loss prevention team in the Asia Pacific region by relocating Andrew Glen to Singapore from its UK based head office.   24 January 2019
Insurance
Willis Re has appointed Brian Shea, previously head of Willis Towers Watson Securities Europe, as managing director and head of strategic and financial analysis for Willis Re International.   24 January 2019
Insurance
An analysis of catastrophe losses in 2018 shows that the protection gap is not closing and that catastrophe risk has continued to evolve and is more complex than ever, according to Aon’s latest Weather, Climate & Catastrophe Insight: 2018 Annual Report.   22 January 2019
Insurance
India's strong economy and evolving regulatory regime continue to support growth for its insurance and reinsurance sectors, according to a new report by Moody's Investors Service.   22 January 2019

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