THB, the London-based specialist insurance and reinsurance broker, confirms the completion of its THB Europe leadership transition. Joaquim Caria retires today as managing director of THB Europe, which was first announced in July 2018, when the company revealed he would …
Pioneer Underwriters announced it has unified its financial institutions (FI) businesses into one global underwriting operation. Richard Coello leads the global FI team which will be responsible for all FI business written by Pioneer, utilizing the same capital base to …
A U.S. judge rejected Yahoo’s proposed settlement with millions of people whose email addresses and other personal information were stolen in the largest data breach in history, faulting the Internet services provider for a lack of transparency. In a Monday …
Specialty underwriting platform elseco has entered into an agreement with global specialty insurer StarStone to acquire its managing general agent, Malakite Underwriting Partners Ltd., and the renewal rights to StarStone’s Zurich-based airlines & products portfolio. Under a new strategic partnership …
It was a tricky time for the commercial real estate business in London. Within days, Britons would be voting on whether to remain in the European Union or leave. The French insurance giant AXA SA was trying to figure out …
Britain’s financial sector needs stability to secure its future, along with deeper access to the European Union market after Brexit than what non-EU countries normally get, a senior industry official said on Wednesday. Britain is due to leave the bloc …
Des Moines, Iowa-based The Global Insurance Accelerator announced a recent investment by Global Atlantic Financial Group Ltd. GIA is a business accelerator focused solely on innovation and technology for the insurance industry. Global Atlantic’s investment will help fund the GIA’s …
The Federal Emergency Management Agency (FEMA) has renewed for the third year a reinsurance program that transfers future catastrophic flood insurance losses to the private sector The 2019 traditional reinsurance placement for the National Flood Insurance Program (NFIP) transferred $1.32 …
Cincinnati, Ohio-based Great American Insurance Group has named Rick Ringenwald divisional vice president of its environmental division. Ringenwald will serve as a member of the executive underwriting team where he will work with and support the overall strategic business of …
Arch Insurance North America has named Eric Boquist executive vice president, retail energy. Boquist is based in Houston, Texas and will lead a newly created business unit focused on providing admitted middle market insurance solutions to energy companies in North …
