News

Insurance

Munich Re confirmed as main reinsurer on UK tower blaze

Norway's Protector Forsikring, the insurer on the London tower block that has been devastated by fire today (Wednesday June 14), has confirmed that all its property claims in UK and in the Nordic market are covered by Munich Re.   14 June 2017

Insurance

Emirates Retakaful faces uncertainty after CEO, CFO resignations

Emirates Retakaful Limited (ERL) faces uncertainty regarding the future shareholding structure, management team and strategy after both the CEO and the chief financial officer resigned, according to AM Best.   24 November 2017

Insurance

Data breach litigation, Brexit and trade wars are insurers’ top concerns: RPC

Large-scale group litigation resulting from mass data breaches is just one of a number of growing legal risks for the insurance sector in 2019, according to law firm RPC in its 2019 Annual Insurance Review.   25 January 2019

Insurance

Cunningham Lindsey taps Crawford exec as Sweden CEO

Claims management firm Cunningham Lindsey has appointed Claes Frick as chief executive officer for Sweden.   12 February 2018

Insurance

Ironshore names new head of global claims

Ironshore, a Liberty Mutual Company, has appointed Kristin McMahon as head of global claims.   23 November 2017

Insurance

MarketScout unveils $25m insurtech venture fund

Dallas-based insurance exchange and MGA MarketScout is set to launch a $25 million venture fund for tech-enabled insurance distribution.   26 September 2017

Insurance

Validus Specialty expands commercial D&O offering

Validus Specialty has expanded its product portfolio with an admitted, private company commercial directors and officers (D&O) policy, while appointing a senior underwriter.   8 March 2018

Insurance

Asia Capital Re bolsters underwriting, management team with new hires

Asia Capital Reinsurance Group (Asia Capital Re), a wholly owned subsidiary of ACR Capital Holdings, has bolstered its underwriting and management team while filling certain leadership positions for its treaty, facultative and specialty business.   30 October 2018

Insurance

Uncertainty prompts Falvey to shut Yacht division

US-based Falvey Insurance Group will no longer underwrite insurance policies for the yacht, luxury yacht and charter communities.   21 November 2017

Insurance

Hyperion strikes strategic partnership with India's WNS

Hyperion Insurance Group has entered into a global shared services partnership with global business process management (BPM) services provider WNS Holdings.   15 June 2018

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