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Insurance
Zurich Insurance Group has acquired Hong Kong-based telematics business Bright Box and its subsidiaries. The insurer said it wants to increase its capabilities in connected car technologies and mobility. 22 December 2017
Insurance
Property/casualty insurer Travelers Europe has appointed Nick Rnjak to lead Travelers Syndicate Management, its wholly-owned platform in the Lloyd’s insurance market. 22 December 2017
Insurance
AXIS Insurance has hired the vice president, workers’ compensation and underwriting officer, large casualty business unit, of CNA. 22 December 2017
Insurance
US-based property/casualty insurer The Hartford has appointed Carlos Dominguez to its board of directors, as the company accelerates its digital strategy and investments in technology. 22 December 2017
Insurance
Integro Insurance Brokers has hired Stephen Feron from Chubb to serve as a senior vice president in its marine practice. 22 December 2017
Insurance
A number of representative bodies and Lloyd’s have welcomed the announcement by the Bank of England that it will allow EU banks and insurers to operate normally in the UK post-Brexit and is undertaking a review of its authorising and supervision policies for international firms. 21 December 2017
Insurance
The General Insurance Corporation of India (GIC Re) has received “in principle” approval from the Lloyd’s Franchise Board to create a new syndicate, its managing agency Pembroke has confirmed. 21 December 2017
Insurance
Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd's operations of Hamilton Insurance Group, has reached an agreement with Randall & Quilter (R&Q) in conjunction with AXA DBIO, to support the Reinsurance to Close (RITC) of Syndicate 3334’s 2014 and prior years of account. 21 December 2017
Insurance
Speciality insurer Chaucer has taken its first steps into the world of third party capital by forming its first reinsurance sidecar, formed to provide collateralized capacity for Chaucer Syndicate 1084’s global reinsurance portfolio in 2018. 21 December 2017
Insurance
StarStone Underwriting, the Lloyd’s managing agency belonging to legacy acquisition specialist Enstar Group, has signed a letter of agreement with Neon Underwriting for Enstar’s Syndicate 2008 to undertake a reinsurance-to-close transaction. 21 December 2017
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