All News articles
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News
Parametric expanding in Africa and ILS markets – GC&C
Simon Edwards leads parametric underwriting at Generali Global Corporate & Commercial (GC&C) in the UK, including an expanding partnership with Descartes Underwriting.
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Aon: Global insurers step back from hard market stance, cyber and D&O primary markets soften
Buyer-friendly conditions are expected to continue in 2025 across key lines of commercial primary insurance buying, such as D&O and cyber business, according to Aon.
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Romeo and Gordon join Acrisure Re in Bermuda expansion
Roman Romeo (pictured, left) was previously CEO of Aon Reinsurance Solutions in Bermuda; Barry Gordon (pictured, right) also joins to lead ILW business.
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Gallagher: London leads softening marine rates as war risks remain volatile
Softening hull rates meet hard realities in war and claims inflation, according to a new marine insurance report from the broker.
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GCube: Extreme weather is global threat to renewables
Renewable energy insurer GCube, owned by Tokio Marine HCC, released a report that is a warning, but also a call to adapt, collaborate, and build resilience into the global renewables market.
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Oates joins Africa Specialty Risks as head of reinsurance
Trevor Oates joins from Canopius, where he was a treaty underwriter, with experience in property, construction, engineering, political violence and terrorism.
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Ziolkowski to lead Canopius in Australia and New Zealand
Andrew Ziolkowski replaces Craig Elliot, interim head since December, who will now lead casualty and distribution in the region.
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Urbieta named EMEA broking chief at Aon
Erlantz Urbieta takes over EMEA chief broking role from Terence Williams, who moves to APAC.
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Willis warns of ‘profitability tightrope’ for energy insurers
Willis’s global head of natural resources, Rupert Mackenzie, warned that insurers’ profitability challenges are mounting.
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SCOR denies accusation of obstructing Covéa-Partner Re merger
Paris-headquartered international reinsurer SCOR is under examination in connection with an alleged attempt by former CEO the late Denis Kessler to obstruct the 2022 takeover of PartnerRe by Covéa. The French reinsurer has denied any involvement.
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Dickerson joins Lockton Re to lead global legacy and retro
James Dickerson joins from rival reinsurance broker Gallagher Re, where he was global head of retro business.
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Transforming exposure management: LMA’s Sanjiv Sharma interview
Earlier this year, the Lloyd’s Market Association (LMA) conducted a survey of heads of exposure management to gauge industry readiness for new technologies.
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European insurers face moderate tariff shock as markets tumble
Moody’s Ratings has published a report today on the impact of US tariffs on European insurers.
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BMS appoints Henchoz as chairman
Broker appoints veteran reinsurance leader Jean-Jacques Henchoz, previously CEO and chairman of the executive board at Hannover Re.
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Pool Re makes £100m third catastrophe bond placement
Great Britain’s terrorism reinsurance fund continues to explore insurance linked securities for its retro placements, this time to the tune of $100m, with the assistance of Aon and Howden.
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GAM Investments and Swiss Re strike ILS partnership
Swiss Re will co-manage GAM’s ILS funds, including around $3bn in assets under management.
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Mazhar returns to lead Chubb Arabia as CEO
New regional chief exec for Chubb’s business in the Kingdom of Saudi Arabia.
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Bouabane named Salama group CEO
Dubai insurer Salama’s new chief executive was previously CEO of AIG’s GCC and North Africa operations.
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Record earnings for ‘big four’ Continental reinsurers; discipline held amid casualty, wildfire claims
Munich Re, Swiss Re, Hannover Re and SCOR have raised their earnings targets after strong performance and €11bn of combined earnings in 2024, according to a paper from rating agency Moody’s.
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Johnson takes on new technical underwriting role at Markel
Prior insurance market roles include as an active underwriter at MIC Global, and head of syndicate management at Pioneer Underwriters.