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Insurance
Nicola Harris joins XL Catlin from Allianz Global Corporate & Specialty where she was head of energy & marine, based in Dubai since 2014. Prior to that, she held a number of roles at Marsh in London and then Cape Town, where she was appointed regional leader for power & energy in 2011. 6 March 2018
Insurance
Two subsidiaries of Sompo Japan Nipponkoa Insurance will merge as the companies seek to address “challenges” in the property/casualty insurance industry in Japan and create efficiencies and improved profits. 6 March 2018
News
Cayman Islands-based Greenlight Capital Re has launched its new innovation unit, headed by chief operating officer Michael Belfatti. 6 March 2018
Insurance
Lloyd’s managing agent AEGIS London has hired Carrie Trudeau to manage claims notified by its Canadian coverholders. She joins from Crawford & Company (Canada), where she was director of Lloyd’s and dedicated units. 6 March 2018
Insurance
AmTrust Law, the legal expenses insurance division of AmTrust International, has appointed Ian Coleman and Bob Knock to the roles of senior ATE (after the event) underwriters. 6 March 2018
Insurance
Bermuda-based property /casualty re/insurer Sompo International has unveiled plans to launch a new European specialty insurance underwriting operation in Barcelona run by two senior executives it has hired. 6 March 2018
Insurance
Heightening merger and acquisition (M&A) activities and rising pricing are tailwinds to P&C stocks, according to Morgan Stanley analysts. 2 March 2018
Insurance
The profitability of the reinsurance sector is set to rise in 2018 driven by price increases, lower capital levels and higher interest rates, Moody’s said on Feb. 27. 27 February 2018
Insurance
Allianz Group’s digital investment unit Allianz X has invested $30 million in fintech firm C2FO that connects buyers and suppliers of goods and services with working capital funding needs. 27 February 2018
Insurance
UK-based Direct Line has seen its operating profit in the motor business more than double in 2017 after UK’s Ogden personal injury discount rate change, boosting overall results, but reinsurance cost also increased at January 2018 renewals. 27 February 2018
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