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Insurance
Sompo CEO Global Risk Solutions Michael Chang, who was a Chubb employee from 1996 until 2016, is suing his former employer over $600,000 related to vested deferred stock awards, according to a court document filed at the US District Court for the District of New Jersey on April 11, 2018.   12 April 2018
Insurance
The three leading global credit insurers Atradius, Coface and Euler Hermes currently benefit from a supportive economic environment that is limiting corporate insolvencies, according to Moody’s.   12 April 2018
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, has appointed Jerry Probert as underwriting and franchise director.   12 April 2018
Insurance
Everest Re expects to incur $100 million of estimated catastrophe losses, net of reinsurance recoverables and reinstatement premiums, in the first quarter of 2018, as industry loss estimates for both the Northern and Southern California wildfire events have risen dramatically since the first estimates, according to the company.   12 April 2018
Insurance
Lloyd's third-party managing agent Asta has appointed Laura McMaster as deputy chief actuary, reporting to chief actuary Richard Barke.   12 April 2018
Insurance
Insurtech Socotra has partnered with Berlin-based digital insurance startup Coya to build “advanced and differentiated insurance offerings”.   12 April 2018
Insurance
Australia-based QBE Insurance Group is replacing its group chief financial officer (CFO) Michael Ford who has assumed the role only in September 2017.   11 April 2018
Insurance
People’s Insurance Group of China (PICC), which owns the nation’s biggest non-life insurer, is planning to raise more than $1.6 billion through a Shanghai listing, according to a Reuters April 10 report.   11 April 2018
Insurance
Global insurance broking and risk management firm Marsh has appointed Christos Adamantiadis as CEO of a newly-combined Middle East and Africa region, and Ayman El Hout as country leader for the United Arab Emirates (UAE).   11 April 2018
Insurance
Specialist insurer Beazley has appointed Andreas Bergler as head of broker relations for Continental Europe, a new role designed to support the company's expansion plans across the region.   11 April 2018

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