This wrap-up of International People Moves details recent appointments at Hiscox, Canopius, IGI and HDI Global. A summary of these new hires follows here. Hiscox Specialist global insurer Hiscox has appointed Robert Dietrich as the new CEO of Hiscox Europe. …
AM Best is maintaining a negative market segment outlook on the United Kingdom non-life insurance segment, citing economic uncertainty as a key headwind for UK non-life insurers. In addition, COVID-19-related lockdown measures coincided with the country’s exit from the European …
Egypt will release the giant container ship that had blocked the Suez Canal for nearly a week once a deal is reached on compensation for related losses, the head of the canal’s authority said. “The ship is ready,” Osama Rabie …
China is reviving a sale of Dajia Insurance Group Co., the company that took over most of the operations of troubled Anbang Insurance Group Co., as the government seeks to turn the firm over to private investors, according to people …
Hub International Ltd., a Chicago-based insurance broker, announced that it has acquired Wessex Financial Inc. in Canada. Terms of the transaction were not disclosed. Located in Calgary, Alberta, Canada, Wessex Financial is an independent employee benefits, life and living benefits …
LONDON/LOS ANGELES – A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near week-long blockage in the Suez Canal, adding to ongoing disruptions to global trade, industry sources say. Dozens of container …
This wrap-up of International People Moves details recent appointments at Tremor Technologies, Mosaic, AIRMIC and Aeolus Capital Management Ltd. A summary of these new hires follows. Tremor Technologies Boston-based Tremor Technologies, the online reinsurance marketplace, announced that reinsurance executive Emmanuel …
LONDON — Reinsurers are set to foot most of the bill for the grounding of the ship that halted traffic in the Suez Canal, industry sources said, with payouts expected to run into hundreds of millions of dollars. International supply …
Australia’s insurance regulator on Thursday proposed to limit the exposure of life insurers to offshore reinsurers, given its lack of oversight of foreign players. The Australian Prudential Regulation Authority (APRA) said it was starting a consultation period that would end …
Independent global managing general agency incubator platform Pro MGA Solutions (Pro.MS) announced it has partnered with smart home insurance specialist Hiro. London-based Hiro has developed a home insurance product that aims to proactively mitigate the risk of customers suffering loss …
