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Insurance
Ironshore’s specialty casualty unit is offering third party product recall cost endorsement for commercial clients which covers specified costs incurred by a direct customer of the insured in the event that a recall must be ordered as defined in the endorsement. 14 July 2016
Insurance
European mutual insurers have reached a point where they must embrace change or face possible irrelevance in the market, claims AM Best in a new report. 14 July 2016
Insurance
Specialty re/insurer Allied World Europe has appointed Darren Jacobs to the role of senior vice president, general casualty, to lead the company’s primary and excess casualty operation in London. 13 July 2016
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has hired James D’Onofrio as its general manager (GM) of its US reinsurance operations. 12 July 2016
Insurance
The French Federation of Insurance (FFA) has been established following the merging of the French Federation of Insurance Companies (FFSA) and the Association of Mutual Insurance Companies (GEMA). 12 July 2016
Insurance
QBE has appointed Andrew Broughton as executive general manager for corporate partners and direct in Australia, effective January 2017. 11 July 2016
Insurance
Typhoon Nepartak, which formed to the south of Guam, has rapidly strengthened, according to catastrophe modeling firm AIR Worldwide. 8 July 2016
Insurance
The International Union of Aerospace Insurers (IUAI) has appointed Chris Kunstadter as union president, taking over from Jeff Cassidy. 8 July 2016
Insurance
New regulations set to be introduced in Europe will boost demand for cyber insurance, and insurers which have already been operating in this space on the other side of the Atlantic look best placed to truly capitalise. Intelligent Insurer reports. 8 July 2016
Insurance
Aviva’s limited reliance on EU passporting of services and a robust balance sheet has prepared it well for the consequences of the United Kingdom’s exit from the European Union (EU), chief executive officer Mark Wilson said during the insurer’s capital markets day. 7 July 2016
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