Construction
Swiss Re launches into Middle East after being granted licence for DIFC
Swiss Re Corporate Solutions has received a licence from the Dubai Financial Services Authority to operate in the Dubai International Financial Centre.
Mitsui Sumitomo strengthens construction arm with Burgess appointment
Mitsui Sumitomo at Lloyd's has strengthened its commitment to the UK construction market by appointing Adrian Burgess as underwriter.
In Series: Emerging Markets - MENA means business
Despite growing competition in the Middle East and North Africa from local providers, there are still opportunities for foreign insurers in the market
European construction – back to good health?
Construction markets have suffered across the globe with the financial downturn biting hard. Edward Murray investigates whether there are any glimmers of hope for the European market in 2012.
Market moves: MGAs making the moves
This week the recruitment space belonged to managing general agents.
Liberty Europe targets energy and construction in Spain with two new hires
Liberty International Underwriters Europe has made two senior appointments in its Madrid office, as the firm looks to grow its energy underwriting and construction capabilities in Spain and Portugal.
6.7 magnitude quake hits Philippines
A 6.7 magnitude earthquake struck the central Philippines yesterday, killing at least 40 people and causing damage to property in the region.
XL appoints construction manager for Ireland, UK and Nordics
XL insurance has appointed Ian Lushington as construction underwriting manager for the UK, Ireland and Nordic regions.
Lone ranger Northcourt to provide capacity for growing nuclear risk
A coverholder which claims to be the first conventional insurer to bring capacity to the market that is not a mutual or part of a pool is to take advantage of growing demand from the eastern bloc.
Q&A Asia: JLT
As part of Insurance Insights new remit to cover Asia, Jardine Lloyd Thompson Asia’s chief executive officer Warren Merritt (pictured)spoke to Francesca Nyman to discussed the broker’s plans there.
DAC Beachcroft expands in Spain and Singapore
DAC Beachcroft has made appointments in its Spanish and Singapore offices to expand its international network.
Marsh in energy and construction move
Marsh has named Frenchman Vincent Marrot as global leader, energy engineering and leader of construction engineering in its international division.
Marsh appoints loss-adjuster to head energy and construction
Global broker Marsh has recruited Vincent Marrot to be its global leader for energy engineering and leader of construction engineering for the firm's international division.
Penny Black’s insurance week
Penny couldn’t help but feel sorry for Eddie Edwards, construction underwriter at Chubb Managing Agent, who has been on the personal end of a metal theft claim.
XL merges property and asset protection divisions
XL Group has combined its property underwriting and XL Global Asset Protection Services to form one unified team of risk engineers worldwide.
Pipe and cable survey data to cut claims
Mitsui Sumitomo at Lloyd’s has partnered with LTU to help its UK construction and utility clients avoid claims from damaging underground cables and pipes when digging.
Buckley Scott boss defuses sale talk with new hires
The chief executive of liability loss adjuster Buckley Scott has rebutted claims the firm is up for sale by announcing five new appointments.
Perkins Slade rings the changes
Despite a relatively quiet quarter for broker recruitment, Perkins Slade named three new directors this week. The intermediary was not the only firm making changes, with Jelf and Willis also naming new starters. Among insurers I was a bust seven days for…
The Cypriot fall out from Vassiliko
In July Cyprus saw its largest insurance loss caused by man and despite doubts as to its quality the insurance industry stood tall according to Konstantinos Dekatris.
PI to be compulsory for professional body members in Italy
Professional indemnity insurance is to be made compulsory for all members of recognised professional bodies in Italy following new legislation.
Axis launches liability unit in Argentina
Loss adjusting network Axis has launched a liability claims units in Argentina to provide dedicated specialist support to local carriers and the international reinsurers.
Market moves: All change at Zurich and Willis
Following a slow period, large insurers made a number of key appointments this week, including major moves at Zurich, Allianz and RSA.
Earthquakes call into question building code enforcement in Turkey
The Turkish government introduced new construction codes following the 1999 earthquake, but there are fears these may not have been enforced.
Event insurance: Dancing in the street
Next year could be huge for the events industry, with the Diamond Jubilee and the London Olympics taking place. With a host of celebrations occurring, can the events insurance sector capitalise?