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XL Group has launched a new cyber liability insurance product in Brazil, which includes professional indemnity coverage for technology firms operating in the country. 27 June 2014
Insurance
Run-off acquirer Catalina Holdings has entered into a definitive agreement with NationsBuilders Insurance Company (NBIC) to transfer a portfolio of US residential construction liabilities. 26 June 2014
Insurance
The fiercest competition of the future may not come from other be traditional insurance players but players such as banks boasting greater brand recognition, large amounts of data and established trust with consumers. 25 June 2014
Insurance
There is a grave danger that over regulation, the inconsistency of regulations across geographies and a lack of fundamental trust between insurers and insureds could kill off the insurance industry. 25 June 2014
Insurance
Denis Kessler, chief executive of SCOR, said he is proud to have been elected to join the International Insurance Society’s (IIS) Hall of Fame in 2014. He said he believed that the honour reflected the turnaround achieved at the global reinsurer during his tenure. 24 June 2014
News
The run-off arm of AXA Liabilities Managers has closed its acquisition of German run-off company Global Reinsurance following regulatory approval. The deal was first announced in September last year. 20 June 2014
Insurance
ACE has appointed Cassie Chen as regional property & terrorism underwriting manager for Asia. 20 June 2014
Insurance
Delegated underwriting agency Prestige Underwriting has appointed Ant Sherlock as head of Great Britain (GB) sales and distribution. 19 June 2014
Insurance
XL Group has launched a dedicated cyber and technology risk unit for the US and Canada in response to what it believes to be rapidly growing demand for cover. 19 June 2014
Insurance
XL Group has appointed John Goodloe, formerly of Scottsdale Insurance, to lead its excess & surplus (E&S) business. 18 June 2014
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