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Industrial insurance company HDI Global has strengthened its US engineering lines and construction division with several hires from Generali US, AIG, Starr Companies. 12 April 2017
Insurance
Property/casualty insurer Chubb has appointed Titus Samuel as the new head of power and utilities for Asia. 12 April 2017
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Atlanta-based Crawford & Company, a provider of claims management solutions, has appointed Kieran Rigby as the president of international, encompassing the UK, Europe, Asia-Pacific and Latin America regions. 12 April 2017
Insurance
The insured property losses caused by extra-tropical cyclone Egon have reached €234 million in a revised estimate by PERILS, the Zurich-based catastrophe insurance data provider. 12 April 2017
Insurance
Probitas Syndicate 1492 at Lloyd’s has claimed that it is business as usual as it seeks new investors following the appointment of liquidators at Istmo Compañía de Reaseguros (Istmo Re), the Panama reinsurer which backs the syndicate. 12 April 2017
Insurance
Neon's Syndicate 2468 has said that the strategic actions it has taken including reserve strengthening and exiting from medical malpractice and general liability classes of business will allow it to draw a line under the past after it posted more heavy losses for 2016 and its combined ratio soared. 12 April 2017
Insurance
Despite a plethora of challenges including low oil prices, cost control pressures, workforce layoffs, onerous legislation/regulation and the escalating risk of cyber-attacks, margins for energy insurers remain wafer thin, a situation that could become the ‘new normal’ for the market. 12 April 2017
Insurance
As the UK leaves the EU, Gibraltar, a British Overseas Territory, may attract insurance businesses from within the remaining EU countries looking to keep their passporting rights into the UK, Minister of Commerce Albert Isola suggested in conversation with Intelligent Insurer. 10 April 2017
Insurance
The head of China's insurance regulator is being investigated for suspected disciplinary violations, according to several media publications. 10 April 2017
Insurance
Malta-based Building Block Insurance (BBI) is expanding its footprint into Europe after signing an agreement with Spanish broker Slora to sell gadget insurance. 10 April 2017
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