News

Insurance

Generali launches new specialty insurance division in the US

The US arm of Italian insurer Generali Group has launched a new specialty insurance division focused on warranty services and solutions.   19 September 2019

Insurance

AXA LM builds run-off position with Munich Re Malaysia deal

AXA Liabilities Managers (AXA LM), the non-life re/insurance legacy firm, has acquired the non-life legacy portfolio of Munich Re Malaysia. The portfolio transfer will become effective on October 1, 2019.   19 September 2019

Insurance

Berkshire's BHSI expands France leadership with AIG, AXA XL hires

Berkshire Hathaway Specialty Insurance (BHSI) has expanded its leadership team in France with the appointment of Katell Pouliquen as head of claims, Louis du Ché as head of property, and Ludovic Ruiller as head of environmental.   19 September 2019

Insurance

IGI to highlight workplace harassment at Dive In diversity event in Jordan

International General Insurance (IGI) is to focus on workplace harassment as it hosts the Dive In festival in Jordan later this month.   19 September 2019

Alternative Risk Transfer

Markel taps Hamilton's Brenton Slade to build new ILS fund Lodgepine

Markel Corporation has hired Hamilton's Brenton Slade as president of Lodgepine Capital Management, its new retrocessional insurance linked securities (ILS) fund based in Bermuda.   19 September 2019

Insurance

Ascent hires MS Amlin's Paul Western as CUO post Cove merger

London-based cyber and specialty lines managing general agent Ascent Underwriting and Cove Programs, a US construction-focused MGA, has appointed Paul Western as group chief underwriting officer (CUO).   19 September 2019

Insurance

Coverys Managing Agency, which looks after Lloyd's syndicates 1975, 1991 and 3330, appoints David Hipkin as a non-executive director

Coverys Managing Agency, the Lloyd’s managing agent of Syndicates 1975, 1991 and 3330, has appointed David Hipkin as a non-executive director.   19 September 2019

Insurance

London market veterans launch Commonwealth Insurance Forum

Two London market veterans have launched a new body, the Commonwealth Insurance Forum (CIF), to promote the industry within the 53 countries of the British Commonwealth.   16 September 2019

Insurance

RMS puts Hurricane Dorian US insured losses in $500m-$1.5bn range, total losses in $4bn to $8.5bn range

Hurricane Dorian will cost insurance losses of between $500 million and $1.5 billion in the US, much less than some had estimated.   16 September 2019

Alternative Risk Transfer

Risk trading insurtech AkinovA donates ILS assets to insurance standards-setting body ACORD

AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has donated some insurance-linked security (ILS) assets to ACORD, the global standards-setting body for the insurance industry.   16 September 2019

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