News
Insurance
Business interruption remains the top threat worldwide for the seventh year running and is the top risk in countries such as the US, Canada, Germany, Spain, Italy and China, according to the Allianz Risk Barometer for 2019, which is based on the views of 2,415 experts from more than 86 countries. 4 February 2019
Insurance
US-based Hartford Financial Services Group has unveiled a new operating model and organisational structure that will be effective once it has finalised its acquisition of the Navigators Group. 4 February 2019
Insurance
Ironshore Specialty Casualty, a Liberty Mutual Company, has revealed executive appointments to oversee its programmes business unit in the US. 4 February 2019
Insurance
Jad Ariss, the former CEO of AXA's Middle East and Africa business, has been appointed secretary general of the Geneva Association, effective 1 March 2019. 4 February 2019
Insurance
Specialty insurer StarStone, whose parent company Enstar dropped plans to pursue its sale in September, has decided to sell some of its portfolio to Dubai-based firm Elseco. 31 January 2019
Insurance
Property/casualty insurer Chubb has appointed Julie Chalmers as claims director for Europe and Eurasia & Africa, replacing Steve Parry, who is leaving the company. 31 January 2019
News
Efforts by Sompo-owned Blue Capital Reinsurance Holdings to reduce volatility and improve the balance of its portfolio were scuppered by more heavy catastrophe losses in 2018 and further loss creep from events in 2017 as it posted another set of heavy losses. 31 January 2019
Insurance
Property/casualty insurer Travelers Europe has set up a new subsidiary in the Republic of Ireland in response to Brexit, which will be led by James Liston as CEO. 30 January 2019
Insurance
Bermuda-based AXIS Capital Holdings has hired a senior executive from Gen Re to expand AXIS Re’s Canadian market business and establish new partnerships in the region. 30 January 2019
Insurance
Chinese insurers are unlikely to dramatically alter their investment strategies or modify their asset allocations despite recent encouragement from the China Banking and Insurance Regulatory Commission (CBIRC) to invest their long-term funds in high-quality listed stocks and bonds, long-term equity investments, and securities brokerage firms' asset management plans and trust products, according to Fitch Ratings. 30 January 2019
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