XL Catlin announced the appointment of Vincent Branch as Chief Executive for Accelerate, its new expert team focused on innovation and insurtech. Accelerate is led by XL Catlin’s former chief underwriting officer for Insurance, Paul Brand. Branch joins XL Catlin …
German insurer Allianz is setting up a wholly-owned unit in Shanghai to launch hedge funds that invest abroad, three sources said, as some foreign managers prepare for China to ease curbs on overseas investments aimed at stemming capital outflows. The …
Listening to Andrew Rear talk about insurers, you wouldn’t think he works for one that’s been around for 136 years. The 46-year-old head of Munich Re’s Digital Partners unit has said the industry is “one of the last bastions of …
Tokio Marine Kiln (TMK) announced the retirement of Robin Hargreaves who will leave TMK at the end of the year after spending his entire career with the company. Hargreaves joined in 1980 and upon completing his graduate training began writing …
Aviva Investors, the fund arm of insurer Aviva, plans to reopen the UK property fund it was forced to suspend during the market turmoil which followed Britain’s vote to leave the European Union in June. British funds worth around 18 …
Sompo Canopius AG announced that Stuart Davies is stepping down from his role as group CEO and all other related responsibilities, effective immediately. Davies joined Sompo Canopius in 2015 with a mandate to lead the group through a period of …
XL Catlin has enhanced its directors & officers insurance offering in France with the launch of three coverages catering respectively to mid-sized companies, publicly listed companies and financial institutions. These solutions protect business leaders – whether they act as CEO, …
The on-demand economy, which uses smartphone technology to immediately fill consumer needs, has changed the way people order food, a car, or a place to stay. Now, technology startups are targeting the next business frontier – insurance – offering coverage …
Insurtech company Wrisk Ltd., which was founded earlier this year, has entered into an agreement with Munich Re’s Digital Partners business unit. Under the agreement, Munich Re companies become the exclusive carrier for Wrisk’s business underwritten in UK, Europe and …
U.S. insurer AIG may move its European headquarters from London to another European Union country because of Britain’s vote to leave the EU, the head of the AIG’s European and UK operations said at an industry conference on Tuesday. AIG …
