All News articles – Page 156
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News AgendaHard market? Risk-adjusted rates are still inadequate – Fitch
Fitch Ratings’ pre-Monte Carlo brief suggested reinsurance market pricing still has a way to go, and risk-adjusted is well below 2013 levels
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News AgendaÖzdemir takes over as Milli Re CEO
Hulki Yalcin retired as CEO of Turkish reinsurer Milli Re on August 26
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News AgendaAon appoints Michel new analytics head in Europe
Joining from Chaucer, Aon Reinsurance Solutions has a new head of analytics for EMEA
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News AgendaLM Re hires Northern Europe head van Oort
Liberty Mutual Re’s new head of Northern Europe joins from reinsurance broker Guy Carpenter
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News AgendaArgoGlobal syndicate quits Asia and most marine hull underwriting
Argo’s Lloyd’s Syndicate 1200 is to exit Asia and most of its hull underwriting globally
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News AgendaIndian government selects Srivastava as GIC Re boss
A new head has been appointed for India’s state-owned reinsurer GIC Re, after Alice Vaidyan retired from the post at the end of July
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News AgendaMusk’s Tesla enters insurance market with primary motor product
Elon Musk’s electric vehicle company launched the product yesterday in California
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News AgendaBrazilian broking alliance announced for Integro
The “reciprocal trading relationship” is with Affinité, a Brazilian entertainment and sport insurance broker
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News AgendaAon restructures global A&H and life reinsurance into one practice
Roger Smith will chair Aon Reinsurance Solutions’ new accident, health and life reinsurance team
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News AgendaNew property head in Bermuda for Liberty Specialty
Nicholas Garside is promoted to lead LSM’s property insurance in Bermuda
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AnalysisAnalytics avenue for unlocking growth for insurers – Swiss Re
Latest Sigma report from Swiss Re focuses on how P&C insurers should use advanced analytics to find profitable growth
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News AgendaHong Kong protests highlight airport ground accumulation exposures
There were 69 aircraft worth $6.1bn scheduled to be on the ground at Hong Kong airport on the 16 August 2019, according to Russell Group
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News AgendaAIG names Purtill new investor relations leader
AIG’s new deputy CFO and head of investor relations joins from rival insurer The Hartford
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News AgendaCalifornia Wildfire Fund appoints Guy Carpenter reinsurance broker
The newly formed CEA California Wildfire Fund is working with reinsurance broker Guy Carpenter
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News AgendaReinsurance rates to harden further in 2020 – Fitch
Firm underwriting pricing, strong investment results and low catastrophe claims have given non-life reinsurers’ results a strong first half to 2019
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News AgendaInsured cat losses fall to $19bn in 2019’s first half – Swiss Re
Insured catastrophe losses for the first half of the year have shrunk to $19bn in 2019 from $26bn last year
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News AgendaTyphoon Lekima: China’s insured losses to exceed CNY 6bn – AIR
Cat modeller AIR Worldwide has put a CNY 6bn ($0.85bn) estimate on insured losses from Lekima, Asia’s ninth typhoon this year
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News AgendaMarsh finds rise in W&I claims amid surge in EMEA demand for M&A cover
A sharp rise in warranty and indemnity claims notifications comes as more European firms make greater use of the insurance cover for mergers and acquisitions
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News AgendaBeazley’s Roscoe to lead ‘smart tracker’ Lloyd’s syndicate
Roscoe joined Beazley from Willis in 2011 as an underwriter in its open market property team
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News AgendaCommercial insurance pricing up 6% globally – Marsh study
Insurance broker reports commercial lines pricing increased 6% in Q2, marking the seventh consecutive quarter of rising rates globally
