Liberty Mutual Re Opens Office in Singapore, Appoints Leong from Aspen Re January 14, 2020 Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance Group, announced it has opened an office in Singapore and...
ArgoGlobal Names Shallow Head of Int’l Specialty, MacDonald Head of Non-U.S. Casualty January 14, 2020 ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the appointment of Jeremy Shallow as head of International Specialty...
Forex Firm Travelex Restores Some Online Services After Ransomware Attack January 14, 2020 Travelex is restoring operations to process foreign exchange orders electronically, it said on Monday, almost two weeks after cyber hackers...
Philippine Volcano Erupts, Forcing Evacuation of Thousands of Residents January 14, 2020 By Andreo Calonzo, Claire Jiao and Ditas Lopez A lock-down is being implemented by police in three towns in the Philippines near an erupting volcano, 40 miles (65...
MS Amlin Launches Specialist Equine MGA, David Ashby Underwriting January 13, 2020 MS Amlin, the London-based re/insurer, announced the launch of David Ashby Underwriting Ltd (DAU), a specialist equine MGA. MS Amlin...
AXA XL Completes Merger of XL Insurance Co. with AXA Corporate Solutions, AXA ART January 13, 2020 AXA XL announced it has successfully merged AXA Corporate Solutions (ACS) and AXA ART into XL Insurance Co. SE (XLICSE)....
Arthur J. Gallagher & Co. Takes 100% Stake in Capsicum Reinsurance Brokers January 13, 2020 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it increased its stake in Capsicum Reinsurance Brokers from...
Re/Insurance Outsourcing Specialist Pro Global Taps Former RSA Exec Lewis as CEO January 13, 2020 Global re/insurance outsourcing and consulting specialist Pro Global Holdings Ltd. announced that Steve Lewis has been appointed as CEO, effective...
Zurich Sees Hardening Rates, Improving Terms – in Market Not Seen Since 2002 January 13, 2020 By Patrick Winters Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost...
Gallagher Buys 60% Stake in Caribbean-Based Broker, Risk Management Services Ltd. January 13, 2020 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has acquired a 60% interest in Caribbean insurance...