International News

Andy Weitz Joins Aon as SVP of Global Marketing & Communications

Aon plc announced that Andy Weitz, 37, will become senior vice president of global marketing and communications on October 1st. Weitz was most recently president and CEO of the U.S. region for Hill + Knowlton Strategies, a global business advisory …

Appointment to Help ACE Grow German Surety Business

ACE Group has appointed Charles Villette as surety underwriting manager in Germany, as it expands its surety capabilities in Europe’s biggest economy. Villette has more than ten years of insurance industry and surety experience and joins ACE from a major …

Rachel Cotton Appointed Real Estate Director at RSA

RSA, the London-based insurer, has appointed Rachel Cotton as real estate director for RSA’s Risk Managed Business. Cotton has worked at RSA for over 25 years across a variety of areas including technical and specialist claims, sales and marketing for small …

Milliman Opens Office in South Africa

Milliman Inc., the Seattle-based global consulting and actuarial firm, is opening an office in Cape Town, South Africa. The office will be led by industry veteran David Kirk and will serve Sub-Saharan Africa. The Cape Town location is a reflection …

China’s Fosun to Invest in European, Japanese Insurers

Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is considering making more bets on insurers outside its home country, Chief Executive Officer Liang Xinjun said. “We prefer investing in insurance companies in Europe and Japan,” Liang …

Departure of Bill Gross From Pimco Stuns Allianz

It was 2:28 p.m. in Munich on Sept. 26, and Bill Gross, in charge of $2 trillion as chief investment officer at Pacific Investment Management Co., had just announced that he was joining Janus Capital Group Inc., a struggling stock …

Oktoberfest Insurance App Highlights German Digital Trend

For some, being prepared for Oktoberfest means downloading an app that points you to the nearest restroom or helps you decipher Bavarian dialect. A novelty at this year’s event is an online casualty insurance with 50,000 euros ($63,500) in accident …

Talanx to Shift Investments to Non-Euro Countries

Talanx AG, Germany’s third-biggest insurer, plans to shift investment to countries outside the euro region as monetary policy measures erode returns on assets in the currency union. “Generally speaking, investing has become more complex and more risky as a result …

Ace Launches Image Protect for the Middle East, North Africa

Ace Group has launched Image Protect, a product designed to help companies across the Middle East and North Africa region (MENA) effectively manage their reputational risks. The move stems from the results of a recent study, Reputation at Risk, which …

Marketform in Major Modernization Move to New Offices

Specialist Lloyd’s underwriter Marketform announced that it will relocate its entire London staff to new offices at 20 Gracechurch Street, effective today, the 29th of September. “The new premises, 100 meters from Lloyd’s, has been specifically designed to accommodate its …

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