Lloyd’s Urges Insurer Investment in Natural Habitats for Flood Protection June 13, 2017 Natural coastal habitats such as mangroves, coral reefs and salt marshes protect communities more effectively against coastal storms than seawalls,...
XL Catlin’s O’Malley Moves to StarStone to Lead Cargo Unit in London June 13, 2017 Global specialty insurer StarStone has appointed Rod O’Malley as of head of cargo in London. O’Malley is joining StarStone in...
Chubb Boosts Capacity for Terrorism, Political Violence, War Insurance June 12, 2017 Chubb said it is now offering increased insurance capacity of up to US$150m/ €150m (previously US$100m/ €100m) for terrorism, political...
Matthews Joins Markel International Trade Credit Team in Singapore June 12, 2017 Markel International, a specialist insurer, has appointed Dillon Matthews as trade credit underwriter and senior risk analyst in Singapore, in...
Compre Acquires Ireland-Based Captive Equinox CA Europe June 12, 2017 Specialist insurer Compre has agreed to acquire Equinox CA Europe, a captive insurer of global engineering and construction conglomerate SNC-Lavalin,...
Lloyd’s Coverholder, Arma Underwriting, Launches in Dubai with MENA Focus June 12, 2017 Asta, the Lloyd’s third party managing agent and specialist MGA investor, announced that Dubai-based Arma Underwriting Ltd. has received full...
Swiss Re Corporate Solutions Opens Manchester Office for UK Regional Growth June 12, 2017 Swiss Re Corporate Solutions announced it has opened an office in Manchester, UK, in order to grow its regional commercial...
Corporate Venture Arm of CNP Assurance Leads Investment in Blockchain Startup June 9, 2017 By Anna Irrera U.S. exchange group Nasdaq Inc has joined a 7 million-euro ($7.9 million) investment round in Stratumn, which helps companies develop...
Ed Broking LatAm Appoints Hernandez as Chairman; de Freitas Named CEO June 9, 2017 Ed, the London-based reinsurance, wholesale and specialty broker, announced the appointments of Mike Hernandez to the role of chairman and...
U.S. Storms in May to Cost Insurers $3B; Economic Costs Total $4B: Aon Report June 9, 2017 Total aggregated economic losses from severe weather in the U.S. during May was set to exceed US$4.0 billion, while public...