All News articles – Page 158
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News AgendaEurope’s record-setting severe weather leads Aon cat report
The re/insurance broker’s study reveals a claims cost of at least $830m for the outbreak of severe weather between 10-12 June
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News AgendaAGCS reorganises crisis management, ART leadership
Alternative risk transfer, political violence and management recall lines of business are the focus of role changes at Allianz Global Corporate & Specialty
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News AgendaGlobal premium surpasses $5trn - Swiss Re Sigma
An economic “pivot east” towards China and Asia’s emerging markets shows itself in the new record of more than $5trn of global insurance premium in 2018, according to Swiss Re
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News AgendaFidelis launches Socium third party capital unit, appoints CEO to lead it
Bermudian re/insurer Fidelis has appointed a CEO to lead its re/insurance “partnership pillar” engaging with capital markets backers
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News AgendaPricing on loss-hit prop cat up 25% at mid-year - Willis Re
Reinsurance broker Willis Re cited “pricing disparity” as reinsurers were “more discerning” at 1 June and 1 July renewals
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News AgendaMS Amlin appoints new COO
The re/insurer’s new chief operating officer’s last role was change director for UK’s the Post Office
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News AgendaBrit appoints BCG’s Cuomo to lead strategy
Brit’s new head of strategy joins the insurer from the Boston Consulting Group
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News AgendaSwiss Re appoints Higginbotham CEO of reinsurance business in Asia, as Plunkett leaves
Russell Higginbotham will succeed Jayne Plunkett as Swiss Re’s chief executive officer and regional president for the company’s reinsurance operations in Asia
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News AgendaGallagher to acquire minority stake in Renomia
Arthur J. Gallagher is to acquire a minority stake in Prague-based Renomia, the largest independent broker based in Central and Eastern Europe
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News AgendaEd Bermuda receives regulatory approval
Re/insurance broker Ed receives regulatory approval from the Bermuda Monetary Authority for a new operation on the island
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News AgendaAxis Re Strategic Partners hires Hands to head Australian business
Robert Hands has joined Axis Re Strategic Partners to manage global client relationships for the Asia Pacific region
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News AgendaAIG consolidates reinsurance operations to form AIG Re
Re/insurance firm AIG has announced the consolidation of its existing reinsurance operations into a new business called AIG Re, with Christopher Schaper as its first CEO
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News AgendaSydney’s hailstorms loss estimate increased to $529m
Market data firm Perils has increased its loss estimate for the December 2018 Sydney hailstorms to $529m
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News AgendaGallagher buys Australian consulting firm P2 Group
P2 Group to operate under the direction of Gallagher Australia’s specialty workplace risk practice
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News AgendaLIIBA board welcomes heads of Price Forbes and Lonmar Global Risks
James Masterton and David Pexton will join LIIBA’s board of directors with immediate effect
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News AgendaBGC hires Chad to launch new global aviation brokerage
Marcel Chad joins BGC’s insurance arm to launch a new global aviation and aerospace re/insurance intermediary
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News AgendaMS Amlin appoints senior marine underwriter in Dubai
Re/insurer MS Amlin has appointed Mary Vogiatzidou as a senior marine underwriter in its Dubai office
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News AgendaUS cyber insurance premiums increase 10% - Aon
Premiums for US cyber insurance have increased to $2.03bn, according to a recent report by Aon
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ViewpointsReinsurers well capitalised for 2019 Atlantic hurricane season – Moody’s
Global reinsurers are entering the 2019 hurricane season with solid capital positions to withstand potential losses, according to a recent report from Moody’s Investors Service
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News AgendaLiberty Specialty Markets appoints new CFO
Liberty Specialty Markets, a division of Liberty Mutual Insurance Group, has named Steve McMurray as its new chief financial officer, effective immediately
