Verisk estimates Venezuela quake losses above $10bn
The June 24 earthquake sequence was the strongest to affect Venezuela since 1900, according to Verisk, striking 100 miles west of Caracas
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Howden Re: Political violence market faces dynamic July renewal
Re/insurance broker Howden Re said Middle East strikes have reshaped underwriting appetite while civil unrest and active assailant perils add pressure globally
Gallagher Re appoints Vohra to lead Dubai fac team
Shreyaa Vohra joins from Price Forbes and will lead Gallagher Re’s facultative business from the DIFC
Everest names Buonpane global construction head
Danielle Stewart has also been promoted to president of Everest Evolution, the company’s US wholesale platform
Aon: Record reinsurance capital is supporting insurer growth
The re/insurance broker said mid-year renewals delivered double-digit pricing reductions and improved terms on property catastrophe placements
Gallagher Re: 1/7 renewals favour more creative structures
The reinsurance broker said in its midyear renewals report that abundant capital and strong reinsurer returns are improving pricing while allowing cedants to reshape programmes
AIG appoints Bewlay as global CUO
Nancy Bewlay joins US insurer AIG from AXA and will report to AIG’s president and CEO Eric Andersen
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