News
Insurance
CFC, a specialist insurance provider, has launched a new version of its cyber insurance product, introducing coverage for business interruption as well as expanded coverage for a variety of cybercrime activities. 8 January 2019
Insurance
Insurer AIG reported “strong” income growth in its Q2 2019 results with its CEO pointing to the company’s 2017 decision to restructure its business into three units - operating under a General Insurance business unit, a Life and Retirement unit, and a standalone technology unit. 8 August 2019
Insurance
German industrial lines insurer HDI Global has hired a senior long-serving Allianz executive to fill the position of UK and Ireland managing director. 15 January 2019
Insurance
US investor Calamos Family Partners (CFP) filed a lawsuit in the US against Dutch EXIN Financial Services Holdings for defaulting on loans, according to an emailed statement, putting in doubt the planned acquisition of National Bank of Greece’s insurance unit, according to a Feb. 7 Reuters report. 7 February 2018
Insurance
AXA XL insurance has appointed Simon Hearn to chief underwriting officer (CUO) to lead its property & casualty London wholesale business. 23 July 2019
Insurance
US private equity firms Highbridge Principal Strategies (HPS) and Madison Dearborn Partners (MDP), which have a major shareholding in brokerage group Ardonagh, have acquired UK-based fee protection insurance company PFP. 5 July 2018
Insurance
The group chief financial officer (CFO) of Hyperion Insurance Group, Oliver Corbett, is leaving the company at the end of December. 10 December 2018
Insurance
Industrial lines insurer HDI Global has hired a KPMG executive as its new chief financial officer and a member of its management board. 19 January 2018
Insurance
A partnership between finance automation software provider Phinsys and consultants PwC has developed technology to enable finance transformation and streamlined IFRS 17 projects. 23 July 2019
Insurance
Specialist managing general agent (MGA) and Lloyd’s coverholder Ensurance has extended its terrorism and sabotage insurance to the US and Australian markets ahead of schedule. 23 July 2019
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