News
Insurance
Specialty insurer Beazley has appointed Sally Lake as new group finance director, replacing Martin Bride who is stepping down in May 2019. 17 January 2019
News
Swiss Re has estimated its preliminary combined claims burden from recent natural catastrophes booked in the fourth quarter of 2018 at approximately $1.0 billion, net of retrocession and before tax, mainly affecting the reinsurance operations. 15 January 2019
Insurance
Mondelez, the US food company that owns the Oreo and Cadbury brands, is suing Zurich Insurance for refusing to pay out on a $100 million claim for damage caused by the NotPetya cyber attack in what is seen as the first major legal dispute over how companies recover the costs of a cyber-attack. 15 January 2019
Insurance
German industrial lines insurer HDI Global has hired a senior long-serving Allianz executive to fill the position of UK and Ireland managing director. 15 January 2019
Insurance
Barbican Insurance Group has promoted three senior underwriting executives at Syndicate 1955. 15 January 2019
Insurance
ArgoGlobal Assicurazioni, a European subsidiary of Argo Group International Holdings, has partnered with Italian insurance broker Axieme to provide gig workers with on-demand insurance cover. 15 January 2019
Insurance
ASQ Underwriting, part of Alliant Underwriting Solutions, has launched a programme to provide bespoke transactional risk insurance to broker trading partners across North America. 14 January 2019
Alternative Risk Transfer
Pacific Investment Management Company (PIMCO), the asset management company owned by Allianz, has recruited Rick Pagnani, the former chief executive of Everest Re’s sidecar Mt. Logan Re, as head of its ILS business. 11 January 2019
Insurance
Allianz Global Corporate Specialty has partnered with POP Insurance Holdings, an Australia-based specialist insurance group, to launch a new managing general agent (MGA) focused on mergers & acquisitions transactions across the Asia Pacific region. 4 January 2019
Insurance
Fire and explosion incidents cause the largest claims for insurers and the businesses they cover, according to new research from Allianz Global Corporate & Specialty (AGCS). 13 December 2018
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