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Insurance

Tokio Marine taps Skuld’s Knighton to expand marine liability in 'challenging market'

Specialty insurer Tokio Marine HCC has expanded its marine liability division, which began trading in January, with the appointment of Paul Knighton as marine liability & logistics underwriter.   11 June 2019

Insurance

Everest bolsters excess casualty team with Aspen and Conifer hires

Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has made two key hires from Aspen and Conifer to help expand its excess casualty retail capabilities in the Central and West territories in the US.   11 June 2019

Insurance

ERS to launch underwriting academy in Swansea

UK-based specialist motor insurer ERS is launching an underwriting academy in Swansea, relocating a number of roles to the city from London and the South East.   11 June 2019

Insurance

Insurance markets in Africa stabilise but insurers ‘less bullish’, finds AIO survey

Insurance leaders in Africa remain cautious about business growth despite market stabilisation following the economic downturn of 2015/16, a survey of insurance CEOs has found.   11 June 2019

Insurance

Mapfre’s Huertas: new tech reality must not slow economic and social development

Advances in technology and the new reality it has created “cannot act as a brake on economic and social development”, Mapfre chairman and CEO Antonio Huertas told the International Conference of Mapfre Global Risks last week.   10 June 2019

Insurance

Brokerslink appoints new Middle East and Africa manager from MDS Re

Brokerslink, a global network of independent brokers, has appointed Tiago Mora as the new regional manager for Middle East and Africa (MEA).   10 June 2019

Insurance

Perils ups Dragi-Eberhard loss estimate to almost €800 million

PERILS has updated its loss estimate for extratropical cyclone Dragi-Eberhard with a revised figure of €798 million. This is an increase from the initial loss of €740 million, which was issued by Perils on the 18th of April 2019.   7 June 2019

Insurance

S&P points to ‘promising’ reinsurance price trends for 2019 despite record cat losses

Global reinsurance pricing is “a firming market” rather than a hard one, according to S&P Global, which suggested that “green shoots” could be on the way for reinsurers in 2019.   7 June 2019

Insurance

Sedgwick hires new director in Singapore

Technology-driven risk solutions provider Sedgwick has appointed Bob Neo as director of its Singapore operations.   7 June 2019

Insurance

Swiss Re moves ahead with ReAssure IPO, increases capital by £481m ahead of listing

Swiss Re is moving forward with its planned initial public offering (IPO) of UK closed life book business ReAssure.   7 June 2019

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