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Specialty re/insurer Brit has hired Hiscox and The Hartford executives to bolster its Brit Global Specialty USA (BGSU) professional liability team. 29 May 2018
Insurance
Swiss Re and SoftBank Group have agreed to end discussions about a potential minority investment of SoftBank in Swiss Re. 28 May 2018
Insurance
General Electric (GE) is working with investment bankers to find ways to shed its insurance business, Reuters reported on May 22 citing “people familiar with the matter”. 24 May 2018
Insurance
Amercian International Group (AIG) EMEA saw cyber claims go up significantly in 2017, reaching a total as high as in the previous four years combined, driven by ransomware attacks and cyber business interruption. 24 May 2018
Insurance
Specialty re/insurer Canopius has appointed Stephan Ott as its new head for Continental Europe, reinsurance. 24 May 2018
Insurance
Bermuda-based financial guaranty insurance provider Assured Guaranty filed an adversary complaint against the Commonwealth of Puerto Rico, the financial oversight and management board for Puerto Rico (Oversight Board), Puerto Rico governor Ricardo Rosselló Nevares and others. 24 May 2018
Insurance
Specialist insurer QBE North America has launched a policy offering coverages for construction projects as part of its inland marine product expansion. 24 May 2018
Insurance
Farmers Group has appointed current chief claims officer Keith Daly as the new president of personal lines effective June 11. 24 May 2018
Insurance
The CEO and chairman of Austria’s UNIQA Insurance Group, Andreas Brandstetter, has been elected president of the European insurance and reinsurance federation (Insurance Europe) for a term of three years. 24 May 2018
Insurance
Shareholders representing 39 percent of the equity have voted against the continuation of the Blue Capital Alternative Income Fund at the annual general meeting and the company’s board is recommending an orderly run-off of the company. 11 May 2018
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