International broker and risk management firm Integro announced an agreement with HR Latinoamerica Ltda. Corredores de Reaseguros (HRL) to serve as HRL’s exclusive London wholesale reinsurance trading partner. The licensing agreement grants HRL Colombia use of the Integro name and …
CNA Hardy, a London-based specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced the appointment of Alec Goodair as UK financial institutions (FI) manager and Suzannah Bazell as FI underwriter. Reporting to John Taylor, head of …
Typhoon Lionrock is projected to make landfall in Japan Tuesday and is likely to strike the northern Tohoku region, the area devastated by the March 2011 earthquake and tsunami. It would be the first tropical cyclone to make landfall in …
Big financial groups in London are losing faith in a quick fix to get access to the European Union after Britain leaves the bloc and are instead drawing up contingency plans to avoid becoming hostage to Brussels politics. In the …
The magnitude 6.2 earthquake that struck Italy’s Umbria region this week, killing at least 250 people, is estimated to have cost the country anywhere from $1 billion to $11 billion in economy-related losses. The insurance bill will be a lot …
Xuber, the insurance software business of Xchanging, a unit of CSC, announced the delivery of its “Xuber for MGAs” platform for London-based Castel Underwriting Agencies Ltd. Xuber for MGAs is a flexible digital platform that enables Castel to provide and …
Social media and FOMO (fear of missing out) could be putting road-users at risk, as motorists admit to checking social networking sites and reading messages on their phones while driving, according to UK insurer Aviva. A poll of 1,565 drivers* …
For investors and bankers wanting to know more about who’s behind Anbang Insurance Group, China’s second-largest life insurer, plans for a Hong Kong IPO next year should provide some answers. Anbang’s relentless pursuit of overseas deals, rapid financing and opaque …
Allied World Assurance Company Holdings announced that Dale Chow has been appointed to senior vice president, Professional Lines, for Allied World Bermuda. In this role, Chow will be responsible for the strategic direction, management, marketing and underwriting of Allied World …
Damage from the earthquake that struck central Italy on Aug. 24 and the subsequent aftershocks that followed is still being assessed. But RMS asserts that insurance losses will be limited because of property values and the lack of coverage. “A …
