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Insurance
Pool Re, a mutual reinsurer that provides terrorism cover for commercial property in the UK, is extending its cover to include material damage and direct business interruption caused by cyber terrorism from April 2018. 29 November 2017
Insurance
Specialty insurer Markel International has completed the acquisition of EC Insurance (ECIC), having received approval from the Prudential Regulation Authority. 29 November 2017
Insurance
Hannover-based insurance Group Talanx on November 28 successfully placed a hybrid bond with a volume of €750 million, issued primarily to international and domestic institutional investors. 29 November 2017
Insurance
Re/insurer QBE Australia and New Zealand has appointed Craig Mauger to the position of regional manager, Northern Region Broker Distribution. 29 November 2017
Insurance
US-based independent reinsurance broker Holborn Corporation has appointed Adam Manus to the position of president and chief brokerage officer. 29 November 2017
Insurance
Willis Towers Watson has released a significant update to its modelling platform for property/casualty business. 29 November 2017
Insurance
Munich Re subsidiary ERGO Group has made several organisational changes and launched a new insurance unit as part of its strategic initiative aimed at expanding international business with corporate customers. 27 November 2017
Insurance
Tokio Marine Group revised downward its 2017 full-year profit expectations due to higher loss estimates for natural catastrophes in the domestic and overseas non-life insurance business. 24 November 2017
Alternative Risk Transfer
A Chinese insurer focused on business being retroceded from the Lloyd’s of London market has been formed on Guernsey – the first formation of its kind. 23 November 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has promoted Andrew Beechey to the new role of head of underwriting and strategic development for global financial risks. 22 November 2017
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