Articles

Insurance

Hong Kong devises plan to fend off Singapore’s insurance hub ambitions

Asia offers great growth opportunities for insurers but Hong Kong as a re/insurance hub has been losing market share lately to other jurisdictions, particularly to Singapore. The former British colony will no longer be complacent and is implementing an action plan.   17 August 2017

Insurance

JLT Specialty brings AIG UK environmental leader to head unit

Insurance broker and risk consultant JLT Specialty London has appointed Emilie Walsh as head of environmental, based within its specialty property and casualty team.   17 August 2017

Insurance

Fidelis underwriter joins Liberty Specialty Markets in London

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Jennifer Wilson as an underwriter in its global financial risks team in London.   17 August 2017

Insurance

Pulse creates new specialty unit in London with Pen Underwriting hire

Lloyd's coverholder Pulse Insurance, a specialist provider of non-standard and impaired life cover, has launched its new specialty unit in London.   17 August 2017

Insurance

Chubb North America announces new top counsel manager

Property/casualty insurer Chubb has named Liz Daly senior vice president and house counsel manager for its North America claims organisation.   17 August 2017

Insurance

Willis Towers Watson hires Mercer exec to lead growth in Kansas

Broker Willis Towers Watson has appointed Spencer Fields as the Kansas City office leader.   17 August 2017

Insurance

PartnerRe sells New York unit to Employers

Bermuda-based PartnerRe is selling its New York-based multi-property and casualty reinsurance unit to Nevada-based Employers Holdings, according to an SEC filing.   17 August 2017

Insurance

AIG said to be selling $2bn death benefits portfolio

American International Group (AIG) wants to sell a $2 billion portfolio of life settlements that would pay out when sick or elderly customers die, Reuters reported on Aug. 15 citing two people familiar with the matter.   16 August 2017

Insurance

Navigators poaches Chubb SVP to lead professional lines in US

Specialty insurance holding Navigators Group has hired Chubb's James Rhyner to lead its US professional and management liability business.   16 August 2017

News

Everest Re hires Maxum exec to head US casualty fac

Everest Reinsurance Company (Everest Re) has appointed Darwin Lucas as vice president and head of US casualty programmes for all general casualty and professional liability lines of coverage within the facultative reinsurance division.   16 August 2017

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