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Insurance
French chemicals producer Arkema warned on Aug. 30 that its Crosby, Texas facility which makes organic peroxides is likely to explode and cause a subsequent intense fire. 31 August 2017
Insurance
Specialist commercial re/insurer International General Insurance (IGI) has appointed Waleed Jabsheh as executive director of IGI UK as part of the company’s growth plans. 29 August 2017
Insurance
Auto insurers could be hard hit by the flooding in Texas triggered by Hurricane Harvey, according to S&P Global Ratings, which has also warned that business interruption claims could be high. 29 August 2017
Insurance
Gen Re, a Berkshire Hathaway company, has entered a strategic partnership with London-based insurtech firm iXledger (formerly InsureXTechnologies) to develop solutions for life and health insurance utilising blockchain technology. 29 August 2017
Insurance
Aviva said on Aug. 25 that it decided to sell its entire 50 percent stake in its joint venture in Italy, Avipop Assicurazioni and its wholly owned subsidiary Avipop Vita (AV) to Banco BPM. 25 August 2017
News
Bermuda-based specialty re/insurer AXIS Capital Holdings said on Aug. 24 that it has partnered with digital start-up Plug and Play to boost digital innovation. 24 August 2017
News
Speciality insurance provider NexAssure Group said Aug. 23 that it is set to open a specialist managing general agent, NexAssure Agency (UK) in London. 23 August 2017
Insurance
Crop Pro Insurance, a new managing general agent (MGA) specializing in crop insurance, has appointed its co-founder as its new president. 22 August 2017
Insurance
Brit has hired Aspen Insurance’s vice president, primary casualty, to the role of senior vice president, excess casualty, its unit for Brit Global Specialty USA. 22 August 2017
Insurance
Ascot Group has formed a new standalone managing general agent (MGA) and hired two senior executives from WKFC Underwriting Managers, part of Ryan Specialty, including its CEO to run it. 22 August 2017
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