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Cyber liability is one of the hottest topics in the Asian insurance market today, Patrick Chan, director and general manager at Hong Kong-based Nova Insurance Consultants, told EAIC Today. 13 October 2016
Insurance
Specialty managing general agent (MGA) Nexus Group said that Charles Penruddocke has joined as non-executive deputy chairman of Nexus CIFS and Equinox Global in a Nov. 2 statement. 3 November 2017
Insurance
Specialist insurer QBE North America has appointed Charles Cygal as head of surety. 19 September 2019
Insurance
American International Group (AIG) has completed its acquisition of Bermuda-based Validus Holdings after receiving regulatory and shareholder approvals. 18 July 2018
Insurance
HDI Global Specialty SE, a new specialty lines insurer created from merging the specialty lines activities of Hannover Re and HDI Global, has appointed Karen Frazer to its London-based US delegated authority underwriting team. 31 May 2019
Insurance
American International Group (AIG) has renamed its legacy reinsurance portfolio DSA Re as Fortitude Group Holdings (Fortitude Re) following the completion of an acquisition of a 20 percent stake in the unit by private equity firm Carlyle Group. 14 November 2018
Insurance
The UK’s Prudential Regulatory Authority (PRA) has sent a request to the country’s largest general insurers to provide information about the impact of a range of stress tests on their projected Own Funds, as well as providing additional information on their sectoral exposures to the UK economy. 12 April 2017
Insurance
The on-demand product enables drone pilots to set coverage through mobile devices. 13 February 2020
Insurance
Operational and legal complexities, as well as preparing for the tight reporting window for breach notification are the main challenges that re/insurers have met on their path toward complying with the implementation of the EU’s General Data Protection Regulation (GDPR) effective May 25, 2018. 23 May 2018
Insurance
Peter Zaffino will succeed Brian Duperreault as chief executive of AIG starting March 2021. 27 October 2020
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