offshore operations News

Non-Covered Claims May Exhaust Primary Limits, Trigger Umbrella

A recent ruling from the Fifth Circuit Court of Appeals in Louisiana clarified that an umbrella policy may be triggered even when the underlying insurance is exhausted by claims that would not be covered by the umbrella policy itself. The …

Xchanging Strengthens APAC Ties with New Office in Singapore

Xchanging plc, the business process, procurement and technology services provider, announced an expansion of its presence in Singapore, with the opening of a second office “in the heart of the city’s thriving insurance hub. Located in Tower 2, Asia Square, …