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Hamilton Underwriting Appoints Novae’s Holland as Claims Director

Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Peter Holland as claims director to lead the agency’s claims function. A qualified solicitor, Holland has 26 years of re/insurance experience …

Zhongan Online P&C Insurance Pulls H.K. IPO Plans; China Listing Eyed: Sources

Zhongan Online P&C Insurance Co. scrapped plans for an initial public offering in Hong Kong or the U.S. and is instead focusing on a listing in mainland China, people familiar with the matter said. Lukewarm overseas interest and an attempt …

Canada to Ban All Products Containing Asbestos by 2018

Canada is moving to ban all products containing asbestos by 2018. The comprehensive ban will include construction materials and brake pads that currently use the cancer-causing agent. Canada closed its last asbestos mines a decade ago, but had obstructed international …

Europe’s Insurers, Pensions Seek Higher Yields via Infrastructure Investments

Europe’s pensions and insurers, seeking returns in infrastructure deals after asset purchases by the European Central Bank gutted yields on bonds, say they’re being crowded out again. Their frustration is directed at the European Investment Bank, a public lender tasked …

German Police Resume Hunt for Killer in Christmas Market Terrorist Attack

German investigators intensified their search for the perpetrator of a deadly truck assault on a Christmas market in Berlin after an initial suspect was released, deepening the fear and uncertainty over what Chancellor Angela Merkel called a terrorist act. The …

XL Catlin Launches Active Assailant, Terrorism Threat Coverage

XL Catlin’s has launched Active Assailant, Loss of Attraction and Threat (ALT) insurance coverage to respond to the impact of terrorism or an active assailant attack or the threat of an attack on the operations of businesses and public service …

CNA Appoints Riza VP, Corporate Development

Chicago-based CNA has appointed Emma Riza to vice president, Corporate Development. In this role, Riza will be responsible for a number of functions, including enterprise-level strategy, financial reporting to the board of directors and executive management, capital & rating agency …

Report: Eastern Kentucky Sees Spike in Severe Black-Lung Cases

A spike in serious black-lung cases in eastern Kentucky indicates that a disease lawmakers hoped to eradicate decades ago continues to afflict miners. Citing a National Institute for Occupational Safety and Health report released Dec. 15, the Lexington Herald-Leader says …

Police Testify Driver in Deadly Tennessee School Bus Crash was Speeding

The 24-year-old driver in a Tennessee school bus crash that killed six children was speeding about 20 miles per hour over the 30 mile-per-hour limit, police testified Dec. 14, drawing tears from their families in court. Johnthony Walker also was …

How Santa Shapes Up as Role Model for Health and Safety

Despite his reputation as a model of good behavior, is it possible that Santa Claus is setting a bad example? After all, he engages in some risky behavior – racing from rooftop to rooftop in an open sleigh, apparently without …

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