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Insurance
Howden, the retail broking arm of Hyperion Insurance Group, has entered into a strategic partnership with one of Tanzania’s oldest insurance brokers BR Puri & Company by establishing a newly formed local entity, Howden Puri Insurance Brokers. 25 July 2018
News
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies, has promoted Gregory King-Underwood to head of the credit, bond and political risk practice of Guy Carpenter International. 25 July 2018
Insurance
Specialty insurance group Tokio Marine HCC has appointed Luc Reuter as head of surety for Continental Europe as it further expands its international surety capabilities. 24 July 2018
Alternative Risk Transfer
A new single structure for conducting both the fund and insurance element of insurance-linked securities business is being devised in Guernsey. 24 July 2018
Insurance
Bermuda-based Qatar Reinsurance Company (Qatar Re), a subsidiary of Qatar Insurance Company (QIC), has ceased writing new and renewal business from its branch office in Singapore from July 20. 23 July 2018
Insurance
The re/insurance industry loss from extratropical cyclone Friederike (also called David) has reached €1.68 billion, according to Zurich-based catastrophe insurance data provider PERILS. 17 July 2018
Insurance
Following a review of recent years' asbestos-related claims and litigation activity and insurers' paid and incurred loss experience, Fitch has raised projection for ultimate all-time US industry incurred losses to $100 billion compared with a previous estimate of $90 billion. 16 July 2018
Insurance
New US sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country, according to a July 13 Reuters report citing chairman Bruce Carnegie-Brown. 16 July 2018
Insurance
Reinsurance broker JLT Re, a subsidiary of Jardine Lloyd Thompson Group, has appointed Guy Carpenter executive Scott MacColl as head of credit and surety for North America. 16 July 2018
Insurance
Commercial property MGA European Property Underwriting (EPUL), part of Global Risk Partners (GRP), has appointed Christopher Box to the role of senior underwriter for UK and European property owner risks. 16 July 2018
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