Lloyd’s Syndicate DTW1991, managed by R&Q Managing Agency, has appointed John Cowell as senior underwriter and Ed Colville as underwriter in its UK and international underwriting team. Cowell has over 25 years’ experience in the UK and international insurance markets. …
Ironshore’s Pembroke Managing Agency Ltd. has launched a Project Cargo Consortium to serve the Lloyd’s China platform, offering capacity limits of up to US$178 million. Pembroke Lloyd’s Syndicate 4000 offers dedicated coverage for risk exposure and consequential loss related to …
As Allianz SE Chief Executive Officer Oliver Baete slims down the insurer to cut costs, rising second-quarter profit helped by lower natural disaster claims rewarded his strategy. Operating profit jumped 23 percent to 2.9 billion euros ($3.4 billion), Europe’s largest …
Brussels-based insurer Ageas announced it has reached an agreement with BNP Paribas Cardif to sell its stake in Cargeas Assicurazioni (CARGEAS), a non-life, Italian bancassurer, which provides health, homeowner, automobile and credit insurance to individuals and businesses. Ageas and BNP …
British officials announced plans Saturday [July 22] to further regulate drone use in a bid to prevent accidents and threats to commercial aviation. The new rules will require drones that weigh eight ounces (226.79 grams) or more to be registered …
A Sydney lawyer announced on Tuesday a class action lawsuit against Toyota, Honda and Mazda seeking refunds for cars fitted with faulty air bags from Takata that have been linked to 18 deaths around the world. Lawyer Damian Scattini said …
XL Catlin has introduced CyberRiskConnect, a new policy form to address the expanding exposures of cyber and technology risks. According to John Coletti, chief underwriting officer for XL Catlin’s Cyber & Technology group in North America, the new policy provides …
Four former Tennessee school bus drivers charged with using electronic devices while behind the wheel could face 30-day jail terms if convicted under a new law. The Knoxville News Sentinel reported on Monday the defendants are charged via recently unsealed …
Authorities say four people in Mississippi have been charged in connection with several auto burglaries that took place over a five-hour period. Jackson County Sheriff Mike Ezell said in a press release that there were 11 burglaries reported in D’Iberville …
A Republican regulator at the U.S. Securities and Exchange Commission urged the Labor Department on Tuesday to scrap its fiduciary rule, which aims to reduce conflicts of interest when brokers offer retirement advice, saying it was misguided. In a comment …
