international markets News

Axis Capital Names Gressier COO as Reding Steps Down

Axis Capital Holdings Ltd., the Bermuda-based insurer and reinsurer, promoted John “Jack” Gressier to chief operating officer, replacing Dennis Reding, who’s retiring from the post at 65. Gressier, 46, has worked at Axis for a dozen years, most recently as …

Hyperion Insurance Head David Howden on U.S. Expansion by MGA DUAL

David Howden, the chief executive of the London-based Hyperion Insurance Group, founded the company in 1994, “as a business to take on wholesale products in the international market,” he explained in a telephone interview with the IJ. Howden, however, had …

ACE Launches Surety Services in France, Joins Global Surety Association

The ACE Group has expanded its international surety capabilities in Continental Europe, by launching services in France and making a new executive appointment to lead this initiative. Aymeric Vinet Desrues joins ACE as surety underwriting manager, France, where he will …

AIG UK Enhances Airside Liablity Offering

AIG’s Aerospace Unit in the UK has enhanced its airside premises and contractors liability protection with limits of indemnity and up to U.S. $50 million of war and terrorism cover included as standard. “Airports in the UK are seeing increasing …

Wells Fargo Insurance Launches U.S.-Based International Specialty Group

Wells Fargo Insurance, part of Wells Fargo & Co., is expanding its International Specialty Group by establishing three new teams solely dedicated to serving the insurance and risk management needs of U.S. multinational companies. Based in Atlanta, New York City, …

SoDA, IPISC to Offer IP Defense Insurance for Digital Agencies, Production Cos.

SoDA, an association focused on the digital agency and production company community, has partnered with IPISC to offer intellectual property (IP) coverage tailored specifically to its member companies. The insurance is written through intellectual property insurance provider IPISC. The IP …

Dual Specialty Underwriters Launches International D&O Program

Dual Specialty Underwriters, LLC has launched a newinternational directors’ & officers’ liability (D&O) program aimed at foreign companies listed on U.S. securities markets through American Depository Receipts (ADR’s). Dual has partnered with Everest Reinsurance Co.(Everest Re) to offer this new …

R K Harrison Cyber Liability Policies to Include Pre-Incident Cyber Services

Employee-owned insurance broker R K Harrison has contracted with Stroz Friedberg, a global digital risk management and investigations firm, to provide complimentary pre-incident cyber consulting services for clients purchasing qualifying cyber liability policies through R K Harrison. Pre-incident services assist …

Allied World Europe Launches Corporate Property Line of Business

Allied World Europe has launched its Corporate Property line of business. The unit will target a range of European domiciled companies writing lead, co-insured and layered programs. Richard Nathan, Vice President, European Corporate Property Manager, will oversee the line of …

Mapfre to Provide Travel Insurance to African Airline Passengers

International insurer Mapfre Assistance has agreed to provide travel insurance to all passengers of ASKY Airlines. The airline, with headquarters in Lomé (Togo), operates in Western and Central Africa and it has forecast that it will serve a half million …