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Insurance
Zurich Insurance Group has acquired Hong Kong-based telematics business Bright Box and its subsidiaries. The insurer said it wants to increase its capabilities in connected car technologies and mobility. 22 December 2017
Insurance
Property/casualty insurer Travelers Europe has appointed Nick Rnjak to lead Travelers Syndicate Management, its wholly-owned platform in the Lloyd’s insurance market. 22 December 2017
Insurance
AXIS Insurance has hired the vice president, workers’ compensation and underwriting officer, large casualty business unit, of CNA. 22 December 2017
Insurance
US-based property/casualty insurer The Hartford has appointed Carlos Dominguez to its board of directors, as the company accelerates its digital strategy and investments in technology. 22 December 2017
Insurance
Integro Insurance Brokers has hired Stephen Feron from Chubb to serve as a senior vice president in its marine practice. 22 December 2017
Insurance
Property/casualty insurer Travelers Europe will apply to the Central Bank of Ireland for authorisation of a new, wholly owned insurance subsidiary incorporated in the Republic of Ireland, according to a Dec. 19 statement. 19 December 2017
Insurance
The Lloyd’s market has received approximately £3 billion of additional capital to restore capital resources to the level prior to the third quarter of 2017 loss events and to cover changes in capital requirements for 2018 underwriting. 19 December 2017
Insurance
Willis Towers Watson (WLTW) has named Alberto Gallego as the new head of Iberia. 19 December 2017
Insurance
Coverys Syndicate 1975 has received approval from Lloyd’s to begin underwriting business with effect from Jan. 1, 2018. 19 December 2017
Alternative Risk Transfer
Reinsurance Group of America (RGA) has completed an asset and longevity risk transaction with Liverpool Victoria Friendly Society (LV=) where it will reinsure approximately £900 million in individual annuity business. 19 December 2017
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