When Micah Carr-Hill wanted to insure Chief, the Labrador that helps with his son’s autism therapy, he found an ally in Munich Re, the world’s biggest reinsurer. The German company had just teamed up with a U.K. internet startup to …
Zurich Insurance says its restructuring program is on track to achieve its goals over the next few years, continuing its work on cutting expenses, stabilizing its property and casualty business and rebalancing its portfolio. The proof is in the numbers. …
The U.K. raised its estimate of eggs contaminated by the unauthorized pesticide fipronil, with the outbreak believed to have affected some products made by major supermarkets. “We have now established that more eggs from affected farms than previously identified came …
QBE has appointed Chris Kurinsky as chief executive officer, QBE Insurance (Malaysia) Berhad. In this role, Kurinsky will be responsible for QBE’s business across Malaysia. He will continue to drive the profitable growth in the country and increase the company’s …
The volume of completed mergers and acquisitions (M&A) in the global insurance industry continued dropping during the first six months of 2017 to 170 deals, compared to 186 deals reported for the second half of 2016, according to Clyde & …
RSA Insurance has appointed Anny Khaitan as chief operating officer (COO) for its Global Risk Solutions (GRS) business. Khaitan is responsible for GRS’ operations, change, IT and risk & compliance across offices in the UK, Europe & DIFC. She reports …
Novae Group plc, the specialist listed Lloyd’s insurer, announced the appointment of Adam Cragg as group chief operating officer. He reports to Matthew Fosh, chief executive officer of Novae. Cragg brings 25 years of experience in the insurance industry to …
Tropical Storm Franklin made landfall as a Category 1 hurricane in eastern Mexico during Wednesday night with estimated maximum winds of 85 mph, according to a report issued by Weather Underground. Over the Bay of Campeche, the storm became the …
Germany’s agriculture minister said on Tuesday that the contamination of millions of eggs with a potentially harmful insecticide was “criminal,” as authorities in several European countries continued to investigate the food safety scare. Retailers in several European countries have pulled …
Demand for cyber insurance from firms in Greater China and elsewhere in Asia is poised to soar, based on inquiries received after the “WannaCry ransomware” attack earlier this year, executives at American International Group Inc. said. The American insurer saw …
