All News articles – Page 157
-
News AgendaThe loss creep goes on, as decline in ILS volume continues into Q2
Willis Re Securities’ report of the ILS market at the year’s halfway point focuses on balance between relationships and a transactional approach to reinsurance
-
News AgendaFuture of RSA’s London commercial business “under review”
RSA chief executive Stephen Hester says remaining London commercial business “will stay under careful review”
-
News AgendaNew CUO and CEO at Fidelis in Dublin
Simon Crone has been promoted to CUO for Fidelis’ Ireland-based business
-
News AgendaLloyd’s Lab names 11 new insurtechs for its innovation accelerator
More than 130 applications were received from across the world for the third cohort of the Lloyd’s Lab, according to Lloyd’s
-
News AgendaChubb names Ortega new overseas insurance president
Juan Luis Ortega swaps his role as regional president for Latin America to lead all Chubb’s non-US business regions
-
News AgendaBusti appointed Axis Re’s North America president
Swiss Re veteran Jason Busti has joined rival reinsurer Axis Re as its North American president
-
News AgendaPartnerRe gets ratings boost from AM Best
Rating agency upgrades Bermudian reinsurer PartnerRe, following “prudent risk selection and retrocession usage”
-
News AgendaHiscox Re-shuffle; McConnell heads to New York job
Megan McConnell has been named Hiscox’s new chief underwriting officer in the US
-
News AgendaArch adds Barbican to acquisitions basket
Bermuda’s Arch Capital has bought London market carrier Barbican Group for an undisclosed sum
-
News AgendaInsurtech P&C investments up 283% in 12 months; “record high” 36 reinsurance deals in Q2
This year’s Q2 was the fourth consecutive quarter during which total new insurtech funding commitments exceeded $1.2bn, according to Willis Towers Watson
-
News AgendaNat cat losses below average at half-year point – Aon
The reinsurance broker tracked natural catastrophe insured losses of $20bn – 26% lower than the 18-year average of $27bn
-
News AgendaBrit appoints insurtech veteran Birch to lead innovation
Brit has created a new head of innovation role, reporting to the insurer’s CEO
-
News AgendaAon appoints IP chief product officer in San Francisco
Aon has announced a Silicon Valley veteran is to lead its intellectual property development unit as chief product officer
-
News AgendaAGCS appoints Smithson new regional CEO in São Paulo
Allianz Global Corporate & Specialty’s new regional leader for South America joins the insurer from rival underwriter Zurich
-
News AgendaFive claims trends in offshore wind - GCube
Claims data from offshore wind renewables insurer show foundations, cables and natural catastrophe risks are areas of concern
-
News AgendaApollo appoints Burkinshaw CUO of its Lloyd’s business
New chief underwriter previously served as chairman of specialty at Fidelis until 2017
-
News AgendaInsurers nonplussed at Ogden rate review
The first review of the UK’s personal injury discount rate under the new statutory process set out in 2018 has adjusted the rate from -0.75% to -0.25%
-
News AgendaAon appoints Ronda as president of its US reinsurance arm
Re/insurance broker Aon Risk Solutions has a new president of its US business, based in New York
-
News AgendaHow Bahrain got overtaken in the Middle East reinsurance market
Increasingly antiquated rules and a lack of innovation have lost Bahrain its early mover advantage in Middle East re/insurance, according to a report published this week by ratings firm AM Best
-
News AgendaReAssure ratings unaffected by IPO suspension - Fitch
Rating agency responds after ReAssure’s initial public offering suspended by majority shareholder Swiss Re
