March 23, 2017
AIG Asia Pacific Insurance Pte. Ltd. (AIG Singapore) has launched a nationwide search to find Singapore’s best drivers with “AIG On the Go,” a telematics-based smartphone application. “AIG On the Go” scores drivers’ performance every time they get behind the …
March 23, 2017
Specialist Lloyd’s underwriter Neon has launched a Marine and Offshore Construction Consortium. Seeking to address the increasingly tailored insurance needs of shipyard clients, the Neon led-consortium offers $70 million capacity for shipyard construction and $55 million for rig construction, said …
March 23, 2017
XL Catlin’s insurance operations has appointed James Tuplin as head of Cyber and Technology, Media & Telecoms (TMT), International. In this role, Tuplin is responsible for the underwriting of cyber insurance, as well as professional indemnity insurance for the technology …
March 23, 2017
Parliament got back to work on Thursday after London’s worst terror attack in more than a decade left four people dead, including the assailant and the police officer he stabbed. Lawmakers, and those investigating the crime scene outside, held a …
March 22, 2017
Swiss Re announced that Mike Mitchell, currently head Property Underwriting and Property & Casualty Facultative, Asia, will succeed Edouard Schmid as Swiss Re’s head Property & Specialty Reinsurance, effective July 1, 2017. He will also serve as a member of …
March 22, 2017
Randall & Quilter Investment Holdings Ltd. (R&Q) announced the acquisition of ICDC Ltd., a captive insurer of an American Fortune 500 company, for an undisclosed sum. The name of the former parent of the captive was not released. The company, …
March 22, 2017
International insurer RSA has begun trading on the London insurance market’s electronic placing platform, PPL (Placing Platform Ltd.), which enables brokers and underwriters to quote, negotiate, bind and endorse business using one market-wide system. RSA’s Profin underwriting team is now …
March 22, 2017
Unusually warm weather in the Arctic is helping shift weather patterns this year from North America to the Middle East, after global warming shattered records in 2016, according to the World Meteorological Organization. Rising ocean temperatures that are melting polar …
March 22, 2017
Berkshire Hathaway Specialty Insurance (BHSI) introduced its Professional First Professional Liability and Network Security & Privacy Policy and announced it has appointed Geoffrey Kendrick as head of Professional Lines in Canada. BHSI’s new Professional First Professional Liability and Network Security …
March 22, 2017
JLT Re, the London-based reinsurance broker and consultancy, has combined forces with flood modeling company, KatRisk, to enhance its flood risk modeling capabilities for clients across Canada. Berkeley, Calif.-based KatRisk’s suite of flood risk modeling tools includes both flood inundation …