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German industrial lines insurer HDI Global has unveiled plans to launch a new accident & health (A&H) department for the UK and Ireland. 5 February 2018
News
Reinsurance intermediary Aon Benfield UK has appointed Leonora Siccardi as chief operating officer, reporting to UK CEO Nick Frankland. This new role is in addition to her other executive responsibilities. 5 February 2018
Insurance
Reinsurance, wholesale and specialty broker Ed has appointed Marcus Taylor as head of reinsurance Asia Pacific. 5 February 2018
Insurance
Allianz has agreed to acquire Sri Lanka's Janashakthi General Insurance (JGIL) for 16.4 billion Sri Lankan rupees (€85.9 million), according to a Feb. 2 press release. 5 February 2018
Insurance
Lloyd’s CEO Inga Beale has warned about the dangers the market could face if it does not speed up the adoption of new technology. 5 February 2018
Insurance
Barbican Insurance Group has launched a new operation in Bermuda, underwriting a direct and facultative portfolio of business on an excess and surplus lines basis. 5 February 2018
Insurance
Organisations are facing an increased threat to their operations from fraudulent instruction scams, according to claims data recorded by cyber specialised insurer Beazley. 5 February 2018
Alternative Risk Transfer
The amount of capital dedicated to writing reinsurance will increase to an estimated $427 billion in 2017, compared with $420 billion in 2016, according to AM Best. 5 February 2018
Insurance
Insurer CNA has appointed Bahr Omidfar as senior vice president and chief technology officer, and Joyce Trimuel as chief operations & diversity officer. 5 February 2018
Insurance
Aon enjoyed solid growth in 2017 with total revenues increasing by 6 percent to $10 billion compared to the prior year period driven by 4 percent organic revenue growth and a 2 percent increase related to acquisitions, net of divestitures. 2 February 2018
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