Allianz Global Corporate & Specialty (AGCS) announced the appointment of Kevin Hegel as the new head of Client Services and Multinational Regional Unit, London and Nordics, effective immediately. He succeeds Ayleen Frete who has assumed a new role at AGCS, …
Real estate software maker RealPage has been denied a $6 million computer crime insurance coverage claim because the stolen funds were not in its possession but were instead being held by a payment processing firm at the time of a …
Lloyd’s announced on Friday, Feb. 26 that it plans to re-open its London underwriting room and corporation offices on May 17. To manage capacity and ensure the market is COVID-secure, it will once again apply a class of business rota …
A Colorado woman is suing a Wyoming ski resort for more than $75,000 in damages after she said she broke her ribs during a chairlift accident. Sabita Shrestha, 75, said she, her daughter and a Snow King Mountain Resort employee …
Britain’s plans to change capital requirement rules for insurers following its departure from the European Union are about tailoring them to local conditions rather than any “gratuitous deregulatory agenda,” its financial services minister said. Britain inherited the Solvency II insurance …
MILAN – Italy’s top insurer Generali said on Wednesday it launched a 3.5 billion euro ($4.26 billion) investment plan over five years to support the recovery of European countries hit by COVID-19. The plan, dubbed Fenice 190 to celebrate the …
All good money managers expect to outperform their benchmark, and by one such metric the French insurer and investor AXA SA recently scored a market-beating success. Not by delivering higher returns, but by generating a lower level of global warming. …
Michael Furtschegger has been appointed as global head of Entertainment at Allianz Global Corporate & Specialty (AGCS), reporting directly to Dr. Renate Strasse, AGCS SE board member and chief underwriting officer specialty. Based in Munich, Furtschegger has led the global …
EPIC Insurance Brokers and Consultants announced organizational and restructuring changes across the company. Tom O’Neil has been named president of EPIC and will work directly with CEO Steve Denton to grow the business across its entire platform – from Private …
Finnish financial group Sampo plc is continuing its transformation into a pure insurance group with an announcement that it will substantially cut its 15.9% stake in Nordea Bank. Sampo’s board and management said the company will focus on high-quality P/C …