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Insurance
Specialist insurer Beazley has launched a new consortium at Lloyd’s of London to provide increased capacity for US wage & hour risks. 26 July 2018
Insurance
American International Group (AIG) is creating two new insurance companies, one in the UK and one in Luxembourg and is splitting the European business among them ahead of the UK leaving the EU. 19 April 2018
Insurance
UK law firm Bond Dickinson has strengthened its expertise in the insurance sector with the appointment of Jonathan Drake as a partner for its commercial insurance team based in London. 28 November 2014
Insurance
Cyber risk analytics provider CyberCube has appointed Matthias Weber, the former group chief underwriting officer (CUO) of Swiss Re, to its board of directors. 29 August 2018
Insurance
AIG has partnered with cyber security company IASME Consortium and insurance broker Sutcliffe & Co to provide SMEs with cyber coverage. 15 September 2014
Insurance
Allianz has sold a 33 percent stake in its China unit to Chinese online retailer JD.com, according to a Reuters April 16 report. 17 April 2018
Insurance
Tom Rutter, chief executive officer of Sunderland Marine, is to retire on June 30 after nearly four decades with the company. 17 April 2018
Insurance
New York-based Mutual insurer of US municipal bonds Build America Mutual (BAM) is expanding its claims-paying resources by $100 million through a collateralized reinsurance agreement with Fidus Re, a special-purpose insurer created solely to provide collateralized reinsurance protection to BAM. 17 April 2018
Insurance
AM Best has assigned a Financial Strength Rating (FSR) of B (Fair) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” to UK-based Folgate Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. 22 November 2018
Alternative Risk Transfer
Risk management provider Artex has launched a new office in Singapore to oversee the growth and development of its Asia Pacific captive and risk solutions strategy. 29 January 2018
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