News
Insurance
Berkshire Hathaway Specialty Insurance Company (BHSI) has opened a new office in the Dubai International Financial Centre (DIFC), while naming Alessandro Cerase as its senior executive officer (SEO) and Neeraj Yadvendu as deputy SEO and head of third party lines for the Middle East. 12 February 2018
News
It is insurers’ claims departments that will benefit most from the progress towards automation and machine learning that is being made, says Elena Rasa, chief underwriting officer, Gruppo Zurich Italy. 12 February 2018
Insurance
Barbican Insurance Group has launched a new operation in Bermuda, underwriting a direct and facultative portfolio of business on an excess and surplus lines basis. 5 February 2018
Insurance
Alesco Risk Management Services, a specialist insurance and risk management broker, has expanded its energy division with the appointment of two new partners. 29 January 2018
Alternative Risk Transfer
After a long gestation the Risk Transformation Regulations (2017), passed in November, clear the way for a London-based ILS hub, say Philipp Kusche and Michael Wade of TigerRisk Capital Markets & Advisory. 29 January 2018
Insurance
Trade credit insurers are expected to pay some £31 million to help firms in the supply chain recover from the collapse of UK construction company Carillion, according to the Association of British Insurers (ABI). 25 January 2018
Insurance
American International Group (AIG) has appointed Lockton executive Timothy DeSett as head of field operations, North America general insurance. 25 January 2018
Insurance
Composite Legal Expenses, a wholly owned subsidiary of AmTrust, has agreed to buy the business and assets of York-based firm General Legal Protection. 25 January 2018
Insurance
Ascent Underwriting, a specialist managing general agent underwriting on behalf of a number of Lloyd's Syndicates, has been acquired by mid-market private equity firm Preservation Capital Partners. 25 January 2018
Insurance
Rates will likely continue to increase through 2018 as opposed to fizzling out, S&P Global Ratings has suggested in a new report. 25 January 2018
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