News

Insurance

QBE replaces CFO after 7 months amidst management shake-up

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

PICC plans $1.6bn Shanghai IPO

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

Marsh appoints CEO of Middle East and Africa from Oman 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

Beazley targets European expansion with new head of broker relations

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

Insurance

Political risk and violence, terrorist attacks on the rise

Global political volatility is leading to heightened levels of political violence and political risk, according to Aon’s 2018 Risk Maps for Political Risk, Terrorism and Political Violence.   11 April 2018

Insurance

Digital startup Acko to offer first in-trip insurance in India

Mumbai-based digital insurance start-up Acko General Insurance has partnered with ride-sharing app Ola to offer a first-of-its-kind in-taxi insurance in India.   11 April 2018

Alternative Risk Transfer

Caribbean’s parametric cat fund CCRIF SPC explores cover expansion

The CCRIF SPC (Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company) is exploring ways to scale up the cover it provides with regards to reach and products.   11 April 2018

Insurance

RKH Specialty appoints former Aon exec to lead expansion in Asia Pacific

RKH Specialty, part of the Hyperion Insurance Group, has appointed Stuart Beatty as the regional CEO for Asia Pacific, a new role focused on building on the firm’s specialty capabilities in the region.   10 April 2018

Insurance

Sompo merges international retail operations under new platform

Bermuda-based property and casualty re/insurer Sompo International Holdings is launching a new retail platform that will integrate all the operations of Sompo Holdings outside Japan.   10 April 2018

Insurance

Global disasters caused record $144bn insured losses in 2017

Global insured losses from disaster events in 2017 were $144 billion, the highest ever on Swiss Re’s sigma records.   10 April 2018

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