News
Insurance
Industrial lines insurer, HDI Global SE (HDI) has confirmed Stephanie Ogden as its new director of distribution for UK and Ireland operations, she will take up the post on September 2, 2019. 27 August 2019
Insurance
The Association of Bermuda Insurers and Reinsurers (ABIR) has appointed Wendy King as public policy and regulatory affairs analyst, and promoted Suzanne Williams-Charles, director of policy and regulation, with additional responsibilities as ABIR corporate secretary. 23 August 2019
Insurance
German insurer Allianz is acquiring the automobile and other property/casualty operations of Brazilian insurer SulAmérica for R$3 billion (€667 million), in a move it hopes will strengthen its competitive position in Latin America. 23 August 2019
Insurance
US specialty insurance services business Ryan Specialty Group (RSG) is acquiring the assets and operations of Pennsylvania-based programme manager The Suitelife. 23 August 2019
Insurance
Blockchain insurance industry initiative B3i has added Chinese insurer China Pacific Insurance Company (CPIC) as its latest shareholder, with Li Hao joining as a member of the board. 22 August 2019
Insurance
An analysis of more than 13,000 engineering insurance claims in the past five years has revealed seven trends that are driving some of the largest losses ever, according to global corporate insurance carrier Allianz Global Corporate & Specialty (AGCS). 22 August 2019
Insurance
Bermuda-based Aspen Insurance Holdings suffered a net loss of $37.3 million in the first half of 2019, dropping from a net income of $16.1 million it made in the same period last year. 16 August 2019
Insurance
Bermuda-based Syncora Holdings has entered into an agreement to sell its New York financial guarantee insurance subsidiary to Star Insurance Holdings, a part of GoldenTree Asset Management, for $392.5 million in cash. 16 August 2019
Insurance
Canadian property and casualty insurer Intact Financial Corporation has entered into a definitive agreement with Princeton Holdings to acquire The Guarantee Company of North America, a specialty lines insurer in Canada and the US, and Frank Cowan Company, a managing general agent (MGA) focused on specialty insurance, for approximately C$1 billion ($750 million) in cash. 16 August 2019
Insurance
Allianz Insurance has appointed Shelley Hughes to the newly created position of digital claims propositions manager. 16 August 2019
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