London-based Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Kadidja Sinz to the new role of head of Europe. Sinz will be responsible for leading and directing the specialty and commercial insurance business in Continental Europe. …
Greenlight Capital Re Ltd., the reinsurer that counts on hedge fund manager David Einhorn to oversee investments, posted its fifth loss in six quarters as the portfolio slumped. The second-quarter net loss widened to $63 million, or $1.69 a share, …
ANV Global Services Ltd, the international managing general underwriter (MGU) of global specialty insurance group ANV, has today announced an increase in its Lloyd’s underwriting capacity for mergers and acquisitions insurance. The line will now offer a limit of €40 …
Assicurazioni Generali SpA, Italy’s biggest insurer, said second-quarter profit fell 6 percent as low interest rates and volatile equity markets hurt investment gains. Net income declined to 590 million euros ($654 million) from 626 million euros a year earlier, the …
Manulife (International) Ltd. and QBE Hongkong & Shanghai Insurance Ltd. have formed an exclusive distribution agreement whereby QBE will supply general insurance products in Hong Kong for distribution through Manulife’s agents. Designed to complement Manulife’s life, pensions and wealth management …
AXA, Alibaba and Ant Financial Services have formed a global strategic partnership to explore opportunities to distribute AXA’s insurance products and services through Alibaba’s global e-commerce platforms. The companies plan to work together to develop products and services, while developing …
Irish recruiters are already filling jobs for financial services firms which are shifting some operations from the United Kingdom, with Dublin moving fast to steal a march on rivals just a month after Britons voted to leave the European Union. …
Amazon Inc. and the British government have announced a partnership to test the e-commerce giant’s aerial drone parcel delivery system after run-ins over the technology’s use. Supervised by the U.K.’s aviation safety regulator, the Civil Aviation Authority, the trial will …
Boston-based catastrophe risk modeling firm AIR Worldwide (AIR) announced it has expanded its Global Pandemic Model to include outbreaks of six additional diseases. The model now explicitly accounts for nine pathogens, including bacterial and viral diseases, in addition to previously …
A Chinese container ship hit a wall of the new lane of the Panama Canal, a Canal Authority official and a local ship agent said on Monday, the third such incident since the expanded waterway opened one month ago amid …