News
Insurance
Although Lebanese insurers are accustomed to operating in a challenging economic environment, an accelerating decline in investor confidence and US dollar cash-flow constraints create further risks for insurers with fixed costs in US dollars. 4 November 2019
Insurance
Hannover Re Group has revealed that Michael Pickel will succeed Ulrich Wallin as chief executive officer (CEO) of its German reinsurance subsidiary E+S Rück. 23 October 2018
Insurance
Specialty property/casualty insurer AmTrust Financial Services is further divesting assets to strengthen its capital position while reporting a loss for the third quarter. 9 November 2017
Insurance
US-based insurtech startup OnRisk has formed a strategic partnership with independent Lloyd's broker AFL to develop new technology for structuring and placing property & casualty (P&C) risk. 10 July 2018
Insurance
Florida-based property and casualty insurance company United Insurance Holdings (UPC) has renewed its catastrophe reinsurance programmes, taking its total limit to $4 billion. 5 June 2019
Insurance
Mercer, a subsidiary of Marsh & McLennan Companies, has appointed Rohit Mehrotra as new chief executive officer (CEO) of Mercer Digital, the firm's new business covering digital solutions. 20 July 2017
Insurance
Managing agent Asta has finalised a transaction to finance the development of UK-focusing managing general agent (MGA) OverArk. 12 September 2016
Insurance
Four or five years ago Allianz’s footprint in Asia was “pretty limited”, Asia-Pacific CEO Mark Mitchell told SIRC Today, saying it started out with branches in Japan, Hong Kong and Singapore. 31 October 2019
Insurance
Markel UK, a division of Markel International that provides insurance, tax and legal services for SMEs, is acquiring the online freelancer and contractor business of commercial insurance brokers Caunce O’Hara. 13 September 2019
Insurance
Castel Bloodstock, part of Castel Specialty, has secured a new binder with Lloyd’s capacity provided by Canopius Syndicate 4444 and AEGIS Syndicate 1225. 8 March 2018
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