XL Group has revealed plans to set up a new office in Manchester, US, intended to leverage business with middle market clients and brokers. The company has also appointed Mick Turvey as regional underwriting manager, UK middle markets, to ...
Tags: XL Group, new office, Manchester
The UK Financial Services Authority (FSA) has fined Japan's Mitsui Sumitomo Insurance's European unit (MSIEu) and banned its former executive chairman, Yohichi Kumagai for serious corporate governance failings. The UK watchdog has fined ...
Tags: Financial Services Authority, Mitsui Sumitomo Insurance, watchdog
Mitsui Sumitomo at Lloyd’s, a part of the MS&AD Group has appointed two senior underwriters, in a bid to leverage and increase its international liability insurance market share. The company has appointed Peter Graham, a former ...
Tags: Mitsui Sumitomo, senior underwriter, liability insurance, insurance
ACE, a global commercial property and casualty insurance firm, has named Jeremy Cole as risk control account manager in the UK and Ireland casualty risk engineering department. ACE casualty risk control manager UK and Ireland Phil Myers ...
Tags: ACE, casualty insurance, commercial insurance, insurance product
Insurance and healthcare firm Max India is likely to offload nearly 5% stake in its life insurance joint venture, Max Life Insurance, with Mitsui Sumitomo Insurance, to long-term foreign financial investors. The move follows the recent ...
Tags: India, insurance, healthcare, life insurance
Mitsui Sumitomo at Lloyd’s, part of the MS&AD Group, has hired Martin Burke as chief risk officer. In his new role, Burke will be responsible for the actuarial and risk management functions supporting risk identification, ...
Tags: Mitsui Sumitomo, Martin Burke, chief risk officer, insurance