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Insurance
Berkshire Hathaway Specialty Insurance Company has opened a new office in Düsseldorf, Germany, as it seeks to build its global footprint. 17 June 2016
Alternative Risk Transfer
The World Bank has issued its largest ever catastrophe bond covering earthquake, providing the organisation with $1.36 billion of capital markets protection. 7 February 2018
Insurance
The French Federation of Insurance (FFA) has been established following the merging of the French Federation of Insurance Companies (FFSA) and the Association of Mutual Insurance Companies (GEMA). 12 July 2016
Insurance
HDI Global, the industrial lines insurer, has strengthened its recently formed engineering, construction and energy division with the appointments of two senior underwriters - Sabine Knaus and Richard Beeby. 19 February 2016
Insurance
The re/insurance markets remain cyclical, with the industry operating on the very margins of profitability, a big catastrophic loss would adjust the balance of capital and underwriting opportunity, Alex Maloney, group chief executive of Lancashire, said in the company’s annual report. 14 March 2017
Insurance
Cape, a UK-based manufacturer of industrial materials, has agreed to pay a £52.5 million product liability settlement to three insurers relating to litigation over the carriers' historic employers' liability exposures, however, Cape has not admitted any liability, describing the settlement as "removing the distraction of a likely protracted appeals process". 14 March 2017
Insurance
Re/insurer XL Group has revealed several organisational and leadership changes ahead of the planned integration with the AXA Group. The move has led to the departure of top executives such as chief executive of global lines Doug Howat and chief experience officer Paul Jardine. 15 May 2018
Insurance
Investors were potentially spooked by AXA’s announcement yesterday (March 5) that it will acquire XL Group for $15.3 billion. Its share price fell sharply by around 10 percent as investors worried on a fundamental shift in strategy, according to analysts. 6 March 2018
Insurance
Re/insurer International General Insurance (IGIH) has appointed Gordon Steward as forestry underwriter in its IGI UK business in London. 24 June 2015
Insurance
Insurer Chubb has announced several management appointments for its general and life insurance operations. 4 October 2017
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