Parima teams up with MAXIS GBN in Beijing for focus on employee benefits

Parima teams up with MAXIS GBN in Beijing for focus on employee benefits

Parima teams up with MAXIS GBN in Beijing for focus on employee benefits

The Pan-Asia Risk & Insurance Management Association (Parima) is this week supporting an event focused on employee benefits for risk managers in Beijing, organised by MAXIS Global Benefits Network (Maxis GBN) and its local partner ICBC AXA. Risk and insurance managers in Europe and North America are becoming increasingly involved in the management and transfer of employee benefits, as multinationals…

Swiss Re teams up with EF Marine to enter fast-evolving Indian P&I market

Swiss Re teams up with EF Marine to enter fast-evolving Indian P&I market

Swiss Re teams up with EF Marine to enter fast-evolving Indian P&I market

Swiss Re has teamed up with Singapore-based insurer EF Marine to offer protection and indemnity (P&I) cover with potential limits up to $500m, to foreign ships that call at Indian ports. EF Marine, which has offices in Singapore and Rotterdam and provides AA-rated security from Swiss Re, announced that it is now an approved insurance provider for the purpose of…

Irish data pool in new EC probe

Irish data pool in new EC probe

Irish data pool in new EC probe

A data pool run by Irish insurance association Insurance Ireland could be in breach of Europe’s competition laws, said the European Commission (EC), as it steps up an investigation that started in July 2017. The EC said this week that if non-member companies are excluded from accessing the data pool, it could in turn affect their position in the Irish…

Beazley launches marine cyber cover ahead of IMO guidelines

Beazley launches marine cyber cover ahead of IMO guidelines

Beazley launches marine cyber cover ahead of IMO guidelines

London-based international insurer Beazley has launched a new cyber policy and risk management service for shipowners and operators, as they prepare to meet new International Maritime Organization (IMO) cyber risk measures. Beazley said its Cyber Defence policy is aimed at vessel owners and operators, to cover physical damage and loss of hire caused by a cyberattack. Buyers in the maritime…

Sompo adds new life sciences team

Sompo adds new life sciences team

Sompo adds new life sciences team

Sompo International Holdings has formed a new life sciences team within Sompo Global Risk Solutions. Led by Todd Lauer, the new division will offer buyers in the life sciences industry products from its property/casualty range, including product liability, clinical trial liability, property, auto, workers’ compensation, environmental, and product-related errors and omission cover. Products are aimed at US small and middle-market…

Argo expenses row flares up in war of words with investor Voce

Argo expenses row flares up in war of words with investor Voce

Argo expenses row flares up in war of words with investor Voce

The public row between Argo Group and investor Voce Capital Management flared up again yesterday, in an exchange of statements over allegations that the company and Argo CEO Mark Watson have misused corporate assets and filed excessive expenses. Voce Capital stuck by allegations first voiced in February in a letter to fellow shareholders and rejected Argo’s subsequent response earlier this…

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