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Allianz has unveiled plans to enter the general insurance sector in Vietnam through a digital joint venture (JV) to be set up with the FPT Group. 24 January 2019
Insurance
Specialty insurance group Newline Group, which operates through Newline Syndicate 1218 at Lloyd’s and Newline Insurance Company, has appointed Markus Schäfer as senior underwriter, general liability, at Newline Insurance Company in Cologne. 24 January 2019
News
Nordic insurance group Gjensidige has hired Aleksander Hope, an ILS expert who has worked at AXIS Capital and private bank LGT, as a director in the reinsurance team. He will be based in Oslo, Norway. 24 January 2019
Insurance
Changes the International Accounting Standards Board (IASB) could make to IFRS 17 Insurance Contracts could help ensure reinsurance remains attractive as a risk mitigation tool and avoid unintended consequences such as raising barriers for new entrants, it has been claimed. 24 January 2019
Insurance
Everest Insurance has expanded the scope of its life sciences product offering to include property, commercial auto, and workers’ compensation life sciences products. 24 January 2019
Insurance
Marine liability insurer North P&I Club has bolstered its loss prevention team in the Asia Pacific region by relocating Andrew Glen to Singapore from its UK based head office. 24 January 2019
Insurance
Willis Re has appointed Brian Shea, previously head of Willis Towers Watson Securities Europe, as managing director and head of strategic and financial analysis for Willis Re International. 24 January 2019
Insurance
Cathedral Underwriting, which manages syndicates 2010 and 3010 and is owned by Lancashire Holdings, has appointed a new chief executive. 23 January 2019
News
Broker Ed has bragged that it placed almost 70 percent of orders using the London market’s joint electronic placement system in the latter part of 2018 – and it has backed calls for a league table to be published showing brokers’ adoption of the platform. 23 January 2019
Insurance
Waypoint Underwriting Management, has obtained coverholder approval to underwrite Accident and Health (A&H) products on behalf of ArgoGlobal Syndicate 1200 at Lloyd’s. 23 January 2019
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