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AXA XL appoints Bailey as Head of Professional in Bermuda
23 July 2024
Bermuda

Michelle Bailey will lead the professional lines underwriting team, including D&O, employment practices liability, wage and hour, errors and omissions, and cyber lines of business

Davies’ European broking platform gets Lloyd’s accreditation
23 July 2024
UK

The accreditation will allow Davies to extend its UK broker incubation platform for clients aiming to grow and establish infrastructure in Europe through Brussels

Fitch: CrowdStrike cybersecurity incident unlikely to pose financial risk to (re)insurers
23 July 2024
US

Fitch advises that several factors will help mitigate insured losses, including the absence of insurance coverage, high deductibles, sublimits, and time element periods for business interruption claims

Allianz to acquire majority stake in Income Insurance
22 July 2024
Germany

The proposed transaction, with a value estimated at US$1.64 billion, aims to expand and strengthen Allianz’s presence in Singapore

Giles appointed Chief Growth Officer at Skyward Accident and Health
22 July 2024
US

Giles will oversee the company's growth and expansion initiatives, as well as the formation and development of group and single-parent stop-loss captives

Alliant Insurance opens Honolulu office
19 July 2024
US

Alliant Insurance Services has opened an office in Honolulu, Hawaii, and hired Chad Karasaki as managing director and Michael Grossi as executive vice president

Kindstedt promoted to President at Advantage Insurance
19 July 2024
US

Christina Kindstedt joined the company in 2017 to open its office in Vermont, after working at WTW for more than 14 years

H&M launches reinsurance captive in Sweden
19 July 2024
Sweden

The H&M Group has formed its reinsurance captive Hennes Insurance after being successfully registered with the Swedish Companies Registration Office

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